Church & Dwight (CHD) to Release Quarterly Earnings on Friday

Church & Dwight (NYSE:CHD) is scheduled to issue its quarterly earnings data before the market opens on Friday, November 1st. Analysts expect the company to announce earnings of $0.68 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.09. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.92 EPS. 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 Stock Performance

Shares of NYSE CHD opened at $100.52 on Thursday. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $110.31. The firm has a market capitalization of $24.61 billion, a price-to-earnings ratio of 30.93, a price-to-earnings-growth ratio of 3.72 and a beta of 0.54. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. The firm has a 50 day moving average of $102.90 and a 200 day moving average of $104.03.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.13%. Church & Dwight’s payout ratio is 34.77%.

Insider Buying and Selling at Church & Dwight

In related news, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the transaction, the executive vice president now owns 4,319 shares in the company, valued at approximately $429,179.03. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on CHD. TD Cowen started coverage on Church & Dwight in a report on Tuesday, July 23rd. They set a “buy” rating and a $116.00 price target for the company. Evercore ISI decreased their target price on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 5th. Truist Financial lowered their price target on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. JPMorgan Chase & Co. increased their price objective on shares of Church & Dwight from $97.00 to $98.00 and gave the stock an “underweight” rating in a research note on Friday, October 11th. Finally, Morgan Stanley downgraded shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a report on Monday, September 9th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $107.50.

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.