Zacks: Analysts predict Church & Dwight Co., Inc. (NYSE: CHD) to post earnings of $ 0.61 per share
Equity research analysts expect Church & Dwight Co., Inc. (NYSE: CHD) to report earnings of $ 0.61 per share for the current fiscal quarter, according to Zacks. Eight analysts provided revenue estimates for Church & Dwight. The highest EPS estimate is $ 0.63 and the lowest is $ 0.60. Church & Dwight posted earnings of $ 0.53 per share in the same quarter last year, which would suggest a positive growth rate of 15.1% year-over-year. The company is expected to announce its next quarterly earnings report on Friday, February 4.
According to Zacks, analysts expect Church & Dwight to report annual earnings of $ 3.00 per share for the current year, with EPS estimates ranging from $ 2.99 to $ 3.01. For the next fiscal year, analysts predict the company will post earnings of $ 3.21 per share, with EPS estimates ranging from $ 3.15 to $ 3.35. Zacks Investment Research earnings per share averages are an average based on a survey of research companies that follow Church & Dwight.
Church & Dwight (NYSE: CHD) last released its quarterly results on Thursday, October 28. The company reported earnings per share (EPS) of $ 0.80 for the quarter, beating the Zacks consensus estimate of $ 0.71 by $ 0.09. The company posted revenue of $ 1.31 billion in the quarter, compared to analysts’ expectations of $ 1.28 billion. Church & Dwight recorded a return on equity of 22.39% and a net margin of 16.02%. The company’s revenue for the quarter increased 5.7% from the same quarter last year. During the same period of the previous year, the company posted earnings per share of $ 0.70.
Several stock analysts recently published reports on the company. Wells Fargo & Company reduced its price target for Church & Dwight from $ 92.00 to $ 89.00 and set an “equal weight” rating for the company in a research report released on Tuesday, September 28. Credit Suisse Group reduced its price target on Church & Dwight from $ 102.00 to $ 100.00 and established an âoutperformanceâ rating on the stock in a research note on Monday August 2. Raymond James downgraded Church & Dwight from a “market performance” rating to an “underperformance” rating in a Tuesday July 13th research note. Finally, Deutsche Bank Aktiengesellschaft lowered its price target on Church & Dwight from $ 94.00 to $ 90.00 and set a âholdâ rating on the stock in a research note on Wednesday, October 20. Three investment analysts gave the stock a sell rating, three assigned a conservation rating, and three gave the company’s stock a buy rating. According to MarketBeat.com, Church & Dwight currently has an average “Hold” rating and a consensus price target of $ 89.25.
CHD stock traded down $ 0.69 on Friday at noon, reaching $ 88.66. The stock had a trading volume of 43,583 shares, compared to its average volume of 1,350,440. The company has a market capitalization of $ 21.65 billion, a price / earnings ratio of 27.20, a PEG of 3.71 and a beta of 0.40. Church & Dwight has a twelve month minimum of $ 77.62 and a twelve month maximum of $ 91.86. The company has a fifty-day simple moving average of $ 83.96 and a two-hundred-day simple moving average of $ 85.26. The company has a quick ratio of 0.39, a current ratio of 0.74, and a debt ratio of 0.35.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 1. Investors of record on Monday, November 15 will receive a dividend of $ 0.2525 per share. The ex-dividend date is Friday, November 12. This represents an annualized dividend of $ 1.01 and a dividend yield of 1.14%. Church & Dwight’s payout ratio is 35.69%.
Church & Dwight announced that its board of directors approved a share buyback program on Friday, October 29 that allows the company to repurchase $ 1.00 billion in outstanding shares. This buyback authorization allows the company to buy back up to 4.6% of its shares through market purchases. Share buyback programs are usually a sign that company management believes its shares are undervalued.
Meanwhile, director Robert K. Shearer sold 14,660 shares of the company in a transaction that took place on Friday, August 20. The stock was sold for an average price of $ 86.60, for a total value of $ 1,269,556.00. The transaction was disclosed in a file with the SEC, accessible through this hyperlink. Additionally, CMO Britta Bomhard sold 38,738 shares in a trade on Friday August 20. The shares were sold for an average price of $ 86.68, for a total value of $ 3,357,809.84. As a result of the sale, the Marketing Director now owns 7,846 shares of the company, valued at $ 680,091.28. Disclosure of this sale can be found here. 2.00% of the shares are currently owned by insiders.
Several institutional investors have recently bought and sold shares of CHD. Distillate Capital Partners LLC increased its stake in Church & Dwight by 14.6% in the third quarter. Distillate Capital Partners LLC now owns 33,868 shares of the company valued at $ 2,796,000 after purchasing an additional 4,322 shares in the last quarter. Cape Cod Five Cents Savings Bank increased its position in Church & Dwight shares by 3.1% during the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 92,349 shares of the company valued at $ 7,625,000 after purchasing an additional 2,734 shares in the last quarter. Seascape Capital Management increased its position in Church & Dwight shares by 15.0% during the 3rd quarter. Seascape Capital Management now owns 32,653 shares of the company valued at $ 2,696,000 after purchasing an additional 4,265 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Church & Dwight by 5.1% in the 3rd quarter. Daiwa Securities Group Inc. now owns 13,870 shares of the company valued at $ 1,145,000 after acquiring an additional 668 shares during the last quarter. Finally, Advisor Group Holdings Inc. increased its stake in Church & Dwight shares by 1.6% in the 3rd quarter. Advisor Group Holdings Inc. now owns 152,312 shares of the company valued at $ 12,574,000 after purchasing 2,432 additional shares during the period. 80.57% of the shares are held by hedge funds and other institutional investors.
Church & Dwight Company Profile
Church & Dwight Co, Inc is engaged in the development, manufacture and market of household, personal care and specialty products. It operates through the following segments: Consumer Domestic, Consumer International and Specialty Products. The Consumer Domestic segment offers household products, such as laundry detergents, dryer sheets, cat litter and household cleaning products; and personal care products, including antiperspirants, oral care products, hair removal products, reproductive health products, oral pain relievers, nasal saline moisturizers and dietary supplements.
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