Church & Dwight Co., Inc. (NYSE:CHD) Receives $84.64 Average Price Target from Brokerages

Shares of Church & Dwight Co., Inc. (NYSE:CHDGet Rating) have been given an average rating of “Hold” by the eighteen brokerages that are covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $84.64.

Several equities research analysts have recently commented on CHD shares. Truist Financial cut shares of Church & Dwight from a “buy” rating to a “hold” rating in a research report on Thursday, September 8th. Morgan Stanley raised shares of Church & Dwight from an “underweight” rating to an “equal weight” rating and set a $82.00 target price for the company in a research report on Monday, October 17th. Credit Suisse Group dropped their target price on shares of Church & Dwight to $85.00 in a research report on Thursday, October 27th. Royal Bank of Canada dropped their target price on shares of Church & Dwight from $90.00 to $85.00 and set a “sector perform” rating for the company in a research report on Monday, October 31st. Finally, Barclays lowered their price target on shares of Church & Dwight from $76.00 to $73.00 and set an “underweight” rating for the company in a research report on Wednesday, September 7th.

Church & Dwight Trading Up 0.6 %

Shares of CHD opened at $78.57 on Friday. The stock has a market capitalization of $19.16 billion, a P/E ratio of 26.28, a PEG ratio of 3.95 and a beta of 0.43. The company has a quick ratio of 0.61, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The firm has a fifty day simple moving average of $74.14 and a two-hundred day simple moving average of $84.00. Church & Dwight has a twelve month low of $70.16 and a twelve month high of $105.28.

Church & Dwight (NYSE:CHDGet Rating) last announced its quarterly earnings results on Friday, October 28th. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.11. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Church & Dwight had a net margin of 13.88% and a return on equity of 21.23%. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.80 EPS. On average, research analysts anticipate that Church & Dwight will post 2.95 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Tuesday, November 15th will be paid a dividend of $0.2625 per share. The ex-dividend date of this dividend is Monday, November 14th. This represents a $1.05 dividend on an annualized basis and a yield of 1.34%. Church & Dwight’s dividend payout ratio is currently 35.12%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 5,000 shares of the firm’s stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $76.77, for a total transaction of $383,850.00. Following the completion of the sale, the executive vice president now directly owns 6,259 shares in the company, valued at approximately $480,503.43. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.70% of the stock is owned by company insiders.

Institutional Trading of Church & Dwight

Large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in shares of Church & Dwight by 2.6% in the first quarter. Envestnet Asset Management Inc. now owns 352,592 shares of the company’s stock worth $35,041,000 after acquiring an additional 8,881 shares during the period. Metis Global Partners LLC grew its stake in shares of Church & Dwight by 7.2% in the second quarter. Metis Global Partners LLC now owns 4,145 shares of the company’s stock worth $384,000 after acquiring an additional 280 shares during the period. Fifth Third Bancorp boosted its holdings in shares of Church & Dwight by 16.5% in the second quarter. Fifth Third Bancorp now owns 17,725 shares of the company’s stock worth $1,642,000 after buying an additional 2,505 shares during the last quarter. KBC Group NV boosted its holdings in shares of Church & Dwight by 8.7% in the second quarter. KBC Group NV now owns 33,099 shares of the company’s stock worth $3,067,000 after buying an additional 2,650 shares during the last quarter. Finally, Prudential PLC purchased a new position in shares of Church & Dwight in the first quarter worth approximately $4,126,000. 82.59% of the stock is currently owned by institutional investors.

Church & Dwight Company Profile

(Get Rating)

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.

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Analyst Recommendations for Church & Dwight (NYSE:CHD)

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