Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products. It operates through 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; battery-operated and manual 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 replacement showerheads under the WATERPIK brand; FLAWLESS products; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand. Its specialty products include animal productivity products, such as MEGALAC rumen bypass fat, a supplement that enables cows to maintain energy levels during the period of high milk production; BIO-CHLOR and FERMENTEN, which are used to reduce health issues associated with calving, as well as provides needed protein; and CELMANAX refined functional carbohydrate, a yeast-based prebiotic. The company offers sodium bicarbonate; and cleaning and deodorizing products. It sells its consumer products through supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, home stores, dollar and other discount stores, pet and other specialty stores, and websites and other e-commerce channels; and specialty products to industrial customers and livestock producers through distributors. The company was founded in 1846 and is headquartered in Ewing, New Jersey.
Analyst Ratings Changes
A number of research analysts have issued reports on CHD shares. Barclays reduced their price target on Church & Dwight from $78.00 to $76.00 and set an "underweight" rating for the company in a research report on Tuesday, August 2nd. Morgan Stanley cut their price objective on Church & Dwight from $86.00 to $82.00 and set an "underweight" rating for the company in a report on Monday, August 1st. UBS Group cut their target price on Church & Dwight from $104.00 to $98.00 and set a "neutral" rating on the stock in a research report on Monday, August 1st. Truist Financial dropped their price target on Church & Dwight from $120.00 to $100.00 and set a "buy" rating on the stock in a research report on Monday, August 1st. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Church & Dwight from $99.00 to $93.00 and set a "hold" rating on the stock in a research report on Monday, August 1st. Four analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $94.79.
Church & Dwight Stock Up 0.4 %
Shares of CHD opened at $87.70 on Friday. The firm has a market capitalization of $21.30 billion, a price-to-earnings ratio of 27.84, a PEG ratio of 3.62 and a beta of 0.34. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 1.01. The business's fifty day moving average price is $90.22 and its two-hundred day moving average price is $95.26. Church & Dwight has a 52 week low of $80.34 and a 52 week high of $105.28.
Church & Dwight (NYSE:CHD - Get Rating) last announced its quarterly earnings data on Friday, July 29th. The company reported $0.76 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.04. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.34 billion. Church & Dwight had a return on equity of 21.89% and a net margin of 14.71%. The business's quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the company earned $0.76 EPS. On average, analysts predict that Church & Dwight will post 3.02 earnings per share for the current year.
Church & Dwight Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Monday, August 15th will be given a $0.2625 dividend. The ex-dividend date of this dividend is Friday, August 12th. This represents a $1.05 annualized dividend and a dividend yield of 1.20%. Church & Dwight's dividend payout ratio is currently 33.33%.