Church & Dwight (CHD) Expected to Announce Quarterly Earnings on Friday

Church & Dwight (NYSE:CHD) will likely be posting its quarterly earnings results before the market opens on Friday, January 31st. Analysts expect Church & Dwight to post earnings of $0.77 per share and revenue of $1.57 billion for the quarter.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the company posted $0.74 EPS. Church & Dwight’s revenue was up 3.8% on a year-over-year basis. On average, analysts expect Church & Dwight to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Church & Dwight Price Performance

Shares of CHD stock opened at $106.79 on Thursday. Church & Dwight has a twelve month low of $96.09 and a twelve month high of $113.50. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a fifty day simple moving average of $106.63 and a two-hundred day simple moving average of $104.14. The stock has a market capitalization of $26.16 billion, a price-to-earnings ratio of 47.89, a P/E/G ratio of 3.29 and a beta of 0.58.

Insider Activity at Church & Dwight

In other news, CEO Matthew Farrell sold 165,823 shares of the stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. This represents a 59.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares of the company’s stock, valued at $44,976. This trade represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 593,035 shares of company stock valued at $62,282,808 in the last three months. 2.00% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on CHD. Wells Fargo & Company increased their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. TD Cowen lifted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Piper Sandler upped their target price on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Finally, JPMorgan Chase & Co. lifted their price target on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $110.61.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.