Church & Dwight (NYSE:CHD) PT Lowered to $82.00

Church & Dwight (NYSE:CHDGet Rating) had its price target reduced by Morgan Stanley from $86.00 to $82.00 in a research report sent to investors on Monday, Stock Target Advisor reports. They currently have an underweight rating on the stock.

A number of other equities analysts have also weighed in on CHD. Barclays cut their price objective on shares of Church & Dwight from $81.00 to $77.00 and set an underweight rating for the company in a research report on Monday, May 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Church & Dwight from $84.00 to $86.00 in a research report on Thursday, July 21st. Wells Fargo & Company boosted their price objective on shares of Church & Dwight from $95.00 to $100.00 and gave the company an overweight rating in a research report on Tuesday, June 28th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Church & Dwight from $99.00 to $93.00 in a report on Monday. Finally, UBS Group lowered their target price on shares of Church & Dwight from $104.00 to $98.00 and set a neutral rating for the company in a report on Monday. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and a consensus price target of $95.69.

Church & Dwight Stock Performance

Shares of CHD opened at $88.60 on Monday. The company has a current ratio of 1.01, a quick ratio of 0.63 and a debt-to-equity ratio of 0.59. The stock has a market cap of $21.51 billion, a P/E ratio of 28.13, a PEG ratio of 3.64 and a beta of 0.34. The company has a 50-day moving average of $90.63 and a two-hundred day moving average of $96.13. Church & Dwight has a 12-month low of $80.34 and a 12-month high of $105.28.

Church & Dwight (NYSE:CHDGet Rating) last posted its quarterly earnings data on Friday, July 29th. The company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.04. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.34 billion. Church & Dwight had a net margin of 14.71% and a return on equity of 21.89%. The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.76 earnings per share. As a group, research analysts predict that Church & Dwight will post 3.02 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Monday, August 15th will be paid a dividend of $0.2625 per share. The ex-dividend date is Friday, August 12th. This represents a $1.05 annualized dividend and a yield of 1.19%. Church & Dwight’s dividend payout ratio is currently 33.33%.

Insiders Place Their Bets

In other Church & Dwight news, Director Bradley C. Irwin sold 7,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 11th. The shares were sold at an average price of $97.86, for a total transaction of $685,020.00. Following the completion of the sale, the director now directly owns 41,636 shares in the company, valued at $4,074,498.96. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CHD. National Asset Management Inc. lifted its position in shares of Church & Dwight by 3.2% during the fourth quarter. National Asset Management Inc. now owns 4,145 shares of the company’s stock worth $426,000 after purchasing an additional 129 shares in the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in shares of Church & Dwight during the fourth quarter worth $283,000. Yousif Capital Management LLC acquired a new position in shares of Church & Dwight during the fourth quarter worth $4,504,000. Dupont Capital Management Corp acquired a new position in shares of Church & Dwight during the fourth quarter worth $96,000. Finally, CWM LLC acquired a new position in shares of Church & Dwight during the fourth quarter worth $76,000. 84.81% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Company Profile

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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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