Church & Dwight (NYSE:CHD) had its price objective trimmed by Morgan Stanley from $48.00 to $46.00 in a report published on Friday morning. The firm currently has an underweight rating on the stock.
A number of other research firms have also issued reports on CHD. Zacks Investment Research upgraded Church & Dwight from a hold rating to a buy rating and set a $56.00 price target for the company in a research report on Tuesday, January 9th. Barclays set a $47.00 price target on Church & Dwight and gave the company a sell rating in a research report on Thursday, March 15th. Wells Fargo upped their price target on Church & Dwight from $47.00 to $52.00 and gave the company a market perform rating in a research report on Thursday, January 4th. Jefferies Group restated a buy rating and issued a $62.00 price target on shares of Church & Dwight in a research report on Thursday, January 4th. Finally, Deutsche Bank lowered Church & Dwight from a buy rating to a hold rating and upped their price target for the company from $48.00 to $54.00 in a research report on Friday. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. Church & Dwight currently has an average rating of Hold and an average target price of $51.57.
CHD stock opened at $45.84 on Friday. The company has a quick ratio of 0.72, a current ratio of 1.07 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $11,182.30, a PE ratio of 23.63, a P/E/G ratio of 2.02 and a beta of 0.39. Church & Dwight has a 1 year low of $43.21 and a 1 year high of $54.18.
Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1 billion. Church & Dwight had a return on equity of 24.95% and a net margin of 19.69%. The business’s revenue was up 15.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 earnings per share. equities research analysts predict that Church & Dwight will post 2.26 EPS for the current fiscal year.
In other Church & Dwight news, Director Robert D. Leblanc sold 11,000 shares of the company’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $50.53, for a total transaction of $555,830.00. Following the transaction, the director now directly owns 48,935 shares in the company, valued at $2,472,685.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Steven J. Katz sold 12,600 shares of the company’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $50.66, for a total value of $638,316.00. Following the transaction, the vice president now owns 13,858 shares in the company, valued at $702,046.28. The disclosure for this sale can be found here. Insiders sold 444,508 shares of company stock worth $22,359,201 over the last quarter. 2.00% of the stock is currently owned by insiders.
A number of large investors have recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. lifted its stake in Church & Dwight by 39.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 176,825 shares of the company’s stock worth $8,871,000 after purchasing an additional 49,816 shares in the last quarter. Fairfield Bush & CO. lifted its stake in Church & Dwight by 5.1% during the fourth quarter. Fairfield Bush & CO. now owns 71,389 shares of the company’s stock worth $3,582,000 after purchasing an additional 3,490 shares in the last quarter. Xact Kapitalforvaltning AB lifted its stake in Church & Dwight by 6.8% during the fourth quarter. Xact Kapitalforvaltning AB now owns 47,331 shares of the company’s stock worth $2,375,000 after purchasing an additional 3,030 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Church & Dwight by 8.0% during the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,512 shares of the company’s stock worth $4,742,000 after purchasing an additional 7,020 shares in the last quarter. Finally, We Are One Seven LLC acquired a new position in Church & Dwight during the fourth quarter worth $352,000. Institutional investors own 83.56% of the company’s stock.
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Church & Dwight Company Profile
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing 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 analgesic products 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; and water flossers and replacement showerheads under the WATERPIK brand.
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