Q4 2022 Earnings Estimate for Church & Dwight Co., Inc. Issued By Oppenheimer (NYSE:CHD)

Church & Dwight Co., Inc. (NYSE:CHDGet Rating) – Oppenheimer reduced their Q4 2022 earnings per share estimates for Church & Dwight in a research note issued on Monday, September 12th. Oppenheimer analyst R. Parikh now expects that the company will post earnings per share of $0.73 for the quarter, down from their prior forecast of $0.78. The consensus estimate for Church & Dwight’s current full-year earnings is $2.98 per share.

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

Other equities research analysts also recently issued reports about the company. Bank of America began coverage on Church & Dwight in a report on Wednesday. They issued an “underperform” rating for the company. Truist Financial cut shares of Church & Dwight from a “buy” rating to a “hold” rating in a report on Thursday, September 8th. Jefferies Financial Group cut their target price on shares of Church & Dwight from $101.00 to $98.00 and set a “buy” rating for the company in a research report on Wednesday. Royal Bank of Canada lowered their price target on Church & Dwight from $94.00 to $92.00 and set a “sector perform” rating on the stock in a report on Monday, August 1st. Finally, The Goldman Sachs Group cut their price objective on Church & Dwight from $104.00 to $93.00 and set a “neutral” rating for the company in a report on Wednesday, August 3rd. Five investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and an average price target of $91.64.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $77.04 on Thursday. The company has a market capitalization of $18.71 billion, a PE ratio of 24.46, a PEG ratio of 3.30 and a beta of 0.35. The business has a fifty day moving average price of $88.47 and a 200-day moving average price of $92.91. Church & Dwight has a 1-year low of $76.32 and a 1-year high of $105.28. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.63.

Institutional Investors Weigh In On Church & Dwight

Several large investors have recently bought and sold shares of the business. Riverview Trust Co purchased a new position in shares of Church & Dwight in the 1st quarter worth approximately $30,000. SeaCrest Wealth Management LLC bought a new stake in shares of Church & Dwight in the 2nd quarter worth about $30,000. US Asset Management LLC purchased a new position in shares of Church & Dwight during the 1st quarter worth about $36,000. Zions Bancorporation N.A. raised its position in Church & Dwight by 50.8% in the 2nd quarter. Zions Bancorporation N.A. now owns 389 shares of the company’s stock worth $36,000 after purchasing an additional 131 shares during the period. Finally, Heritage Wealth Advisors lifted its stake in Church & Dwight by 171.2% in the second quarter. Heritage Wealth Advisors now owns 396 shares of the company’s stock worth $37,000 after purchasing an additional 250 shares during the last quarter. Institutional investors own 82.59% of the company’s stock.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Shareholders of record on Monday, August 15th were paid a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend was Friday, August 12th. Church & Dwight’s payout ratio is 33.33%.

About Church & Dwight

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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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Earnings History and Estimates for Church & Dwight (NYSE:CHD)

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