Church & Dwight (NYSE:CHD – Get Rating) issued an update on its second quarter 2022 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.70-$0.70 for the period. The company issued revenue guidance of $1.33 billion-$1.35 billion.Church & Dwight also updated its FY 2022 guidance to $3.14-$3.26 EPS.
Shares of NYSE:CHD opened at $99.34 on Tuesday. The company’s fifty day moving average is $99.56 and its two-hundred day moving average is $97.69. The company has a quick ratio of 0.33, a current ratio of 0.65 and a debt-to-equity ratio of 0.47. Church & Dwight has a 12-month low of $80.76 and a 12-month high of $105.28. The company has a market cap of $24.12 billion, a P/E ratio of 30.17, a price-to-earnings-growth ratio of 3.79 and a beta of 0.42.
Church & Dwight (NYSE:CHD – Get Rating) last announced its earnings results on Thursday, April 28th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.07. Church & Dwight had a net margin of 15.46% and a return on equity of 22.29%. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the business earned $0.83 EPS. The company’s revenue was up 4.7% on a year-over-year basis. Equities research analysts anticipate that Church & Dwight will post 3.15 earnings per share for the current year.
A number of research firms have recently weighed in on CHD. Stifel Nicolaus upped their price target on shares of Church & Dwight from $92.00 to $99.00 and gave the stock a hold rating in a research note on Monday, January 31st. Credit Suisse Group cut shares of Church & Dwight from an outperform rating to a neutral rating and set a $105.00 price objective for the company. in a report on Wednesday, January 26th. Atlantic Securities cut shares of Church & Dwight from a neutral rating to an underweight rating and set a $80.00 price objective for the company. in a report on Wednesday, March 2nd. JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $87.00 to $85.00 and set an underweight rating for the company in a report on Wednesday, March 30th. Finally, Morgan Stanley upped their price target on shares of Church & Dwight from $80.00 to $86.00 and gave the company an underweight rating in a report on Tuesday, April 12th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Church & Dwight currently has an average rating of Hold and an average price target of $98.07.
In related news, Director Penry W. Price sold 16,718 shares of the stock in a transaction dated Friday, February 11th. The shares were sold at an average price of $98.39, for a total value of $1,644,884.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.70% of the stock is currently owned by company insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Forum Financial Management LP acquired a new stake in shares of Church & Dwight during the fourth quarter worth approximately $273,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Church & Dwight during the fourth quarter worth approximately $29,000. EP Wealth Advisors LLC increased its holdings in shares of Church & Dwight by 8.0% during the fourth quarter. EP Wealth Advisors LLC now owns 3,541 shares of the company’s stock worth $363,000 after buying an additional 261 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Church & Dwight during the fourth quarter worth approximately $2,314,000. Finally, Toroso Investments LLC increased its holdings in shares of Church & Dwight by 17.7% during the fourth quarter. Toroso Investments LLC now owns 4,615 shares of the company’s stock worth $473,000 after buying an additional 693 shares in the last quarter. 84.81% of the stock is 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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