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

Church & Dwight (NYSE:CHD) issued an update on its second quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.83 for the period, compared to the consensus 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.

Church & Dwight Trading Up 0.2 %

CHD traded up $0.23 during trading hours on Friday, reaching $106.11. 1,283,889 shares of the company’s stock traded hands, compared to its average volume of 1,247,251. Church & Dwight has a 52-week low of $82.25 and a 52-week high of $108.68. The firm has a market capitalization of $25.88 billion, a PE ratio of 33.69, a PEG ratio of 3.55 and a beta of 0.51. The firm has a 50-day moving average price of $103.68 and a 200 day moving average price of $97.76. The company has a quick ratio of 0.64, a current ratio of 1.33 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.10. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.85 earnings per share. As a group, sell-side analysts predict that Church & Dwight will post 3.46 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date is Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is 35.87%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CHD. HSBC boosted their price objective on shares of Church & Dwight from $110.00 to $114.00 and gave the stock a hold rating in a research note on Friday. Deutsche Bank Aktiengesellschaft raised their price objective on Church & Dwight from $109.00 to $112.00 and gave the company a buy rating in a research report on Monday, April 22nd. UBS Group increased their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the company a neutral rating in a research report on Monday, February 5th. JPMorgan Chase & Co. cut their price objective on shares of Church & Dwight from $98.00 to $97.00 and set an underweight rating on the stock in a research report on Friday. Finally, Truist Financial raised their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the company a buy rating in a research note on Friday. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of Hold and an average price target of $105.63.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at approximately $638,702.06. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the transaction, the executive vice president now owns 6,373 shares in the company, valued at approximately $638,702.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at $451,551.45. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is 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.