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

Church & Dwight (NYSE:CHD) is projected to announce its earnings results before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $0.77 per share and revenue of $1,565,550.00 billion for the quarter.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.74 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

CHD opened at $106.24 on Friday. The firm has a market cap of $26.03 billion, a P/E ratio of 47.64, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. Church & Dwight has a 52-week low of $96.09 and a 52-week high of $113.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The business’s fifty day moving average is $106.80 and its 200-day moving average is $104.06.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio is currently 50.67%.

Insider Activity at Church & Dwight

In other news, CEO Matthew Farrell sold 300,000 shares of Church & Dwight stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total value of $31,152,000.00. Following the transaction, the chief executive officer now owns 112,719 shares of the company’s stock, valued at $11,704,740.96. The trade was a 72.69 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael Read bought 1,100 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 593,035 shares of company stock worth $62,282,808 over the last three months. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CHD has been the subject of a number of recent research reports. TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Piper Sandler upped their price target on Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Stifel Nicolaus reduced their price target on Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research report on Friday, January 17th. Deutsche Bank Aktiengesellschaft boosted their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Barclays raised their price objective on shares of Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research note on Friday, January 17th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $110.61.

Church & Dwight Company Profile

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.