Church & Dwight (NYSE:CHD) Releases Q2 Earnings Guidance

Church & Dwight (NYSE:CHD - Get Free Report) issued an update on its second quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.83 for the period, compared to the consensus EPS estimate of $0.92. The company issued revenue guidance of +~3.5% yr/yr to ~$1.51 billion, compared to the consensus revenue estimate of $1.52 billion.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on CHD shares. UBS Group lifted their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the company a neutral rating in a report on Monday, February 5th. Stifel Nicolaus boosted their target price on Church & Dwight from $91.00 to $99.00 and gave the stock a hold rating in a research report on Monday, February 5th. Deutsche Bank Aktiengesellschaft raised their price target on Church & Dwight from $109.00 to $112.00 and gave the company a buy rating in a report on Monday, April 22nd. The Goldman Sachs Group began coverage on Church & Dwight in a research report on Friday, March 1st. They set a buy rating and a $110.00 target price for the company. Finally, Argus upgraded shares of Church & Dwight from a hold rating to a buy rating and set a $115.00 price target on the stock in a research report on Friday, February 23rd. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Hold and an average price target of $104.07.

Church & Dwight Trading Down 0.4 %

Shares of CHD traded down $0.38 during mid-day trading on Thursday, reaching $105.88. 2,024,664 shares of the company's stock traded hands, compared to its average volume of 1,298,991. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. The stock's 50-day moving average is $103.57 and its two-hundred day moving average is $97.65. Church & Dwight has a 12 month low of $82.25 and a 12 month high of $108.68. The stock has a market cap of $25.82 billion, a P/E ratio of 34.83, a P/E/G ratio of 3.61 and a beta of 0.51.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the company posted $0.62 EPS. Church & Dwight's quarterly revenue was up 6.4% on a year-over-year basis. Research analysts forecast that Church & Dwight will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be given a $0.2838 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight's dividend payout ratio (DPR) is 37.17%.

Insider Transactions at Church & Dwight

In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of Church & Dwight stock in a transaction on Friday, February 9th. The stock was sold at an average price of $98.29, for a total transaction of $761,944.08. Following the completion of the sale, the director now directly owns 25,692 shares of the company's stock, valued at approximately $2,525,266.68. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the company's stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the sale, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Penry W. Price sold 7,752 shares of Church & Dwight stock in a transaction on Friday, February 9th. The shares were sold at an average price of $98.29, for a total value of $761,944.08. Following the completion of the transaction, the director now owns 25,692 shares in the company, valued at $2,525,266.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.