Brokerages Anticipate Church & Dwight Co., Inc. (NYSE:CHD) Will Announce Earnings of $0.76 Per Share

Brokerages expect that Church & Dwight Co., Inc. (NYSE:CHDGet Rating) will report earnings of $0.76 per share for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for Church & Dwight’s earnings, with the highest EPS estimate coming in at $0.83 and the lowest estimate coming in at $0.74. Church & Dwight posted earnings per share of $0.83 in the same quarter last year, which suggests a negative year-over-year growth rate of 8.4%. The company is scheduled to report its next earnings results before the market opens on Monday, January 1st.

According to Zacks, analysts expect that Church & Dwight will report full year earnings of $3.19 per share for the current year, with EPS estimates ranging from $3.15 to $3.23. For the next year, analysts expect that the firm will report earnings of $3.44 per share, with EPS estimates ranging from $3.34 to $3.59. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Church & Dwight.

Church & Dwight (NYSE:CHDGet Rating) last issued its earnings results on Friday, January 28th. The company reported $0.64 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.06. Church & Dwight had a return on equity of 22.72% and a net margin of 15.94%. The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter last year, the firm earned $0.53 earnings per share. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year.

A number of research analysts have commented on CHD shares. Stifel Nicolaus boosted their price objective on Church & Dwight from $92.00 to $99.00 and gave the stock a “hold” rating in a research note on Monday, January 31st. Argus cut Church & Dwight from a “buy” rating to a “hold” rating in a research note on Thursday, February 3rd. Morgan Stanley boosted their price target on Church & Dwight from $80.00 to $86.00 and gave the stock an “underweight” rating in a research note on Tuesday. Atlantic Securities cut Church & Dwight from a “neutral” rating to an “underweight” rating and set a $80.00 price target on the stock. in a research note on Wednesday, March 2nd. Finally, Zacks Investment Research upgraded Church & Dwight from a “sell” rating to a “hold” rating and set a $109.00 price target on the stock in a research note on Tuesday. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Church & Dwight has an average rating of “Hold” and an average price target of $99.38.

Church & Dwight stock traded down $0.20 during midday trading on Friday, reaching $102.65. The stock had a trading volume of 998,580 shares, compared to its average volume of 1,093,767. Church & Dwight has a twelve month low of $80.76 and a twelve month high of $105.15. The stock has a market capitalization of $24.91 billion, a PE ratio of 31.01, a price-to-earnings-growth ratio of 4.02 and a beta of 0.43. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.34 and a current ratio of 0.59. The stock’s 50-day simple moving average is $98.87 and its 200 day simple moving average is $95.61.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 1st. Shareholders of record on Tuesday, February 15th were given a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 1.02%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Monday, February 14th. Church & Dwight’s dividend payout ratio is 31.72%.

In other news, Director Penry W. Price sold 16,718 shares of the stock in a transaction on Friday, February 11th. The stock was sold at an average price of $98.39, for a total transaction of $1,644,884.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.70% of the company’s stock.

Large investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC acquired a new position in shares of Church & Dwight in the fourth quarter worth $29,000. US Asset Management LLC acquired a new position in Church & Dwight during the third quarter worth $30,000. Evolution Advisers Inc. acquired a new position in Church & Dwight during the fourth quarter worth $30,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in Church & Dwight during the fourth quarter worth $35,000. Finally, PSI Advisors LLC acquired a new position in Church & Dwight during the third quarter worth $43,000. Institutional investors own 84.22% of the company’s stock.

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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