Equities Analysts Set Expectations for Church & Dwight Co., Inc.’s Q3 2024 Earnings (NYSE:CHD)

Church & Dwight Co., Inc. (NYSE:CHD) – Equities researchers at Zacks Research increased their Q3 2024 EPS estimates for Church & Dwight in a note issued to investors on Wednesday, April 17th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.86 per share for the quarter, up from their prior forecast of $0.85. The consensus estimate for Church & Dwight’s current full-year earnings is $3.44 per share. Zacks Research also issued estimates for Church & Dwight’s FY2024 earnings at $3.41 EPS, Q3 2025 earnings at $0.93 EPS, FY2025 earnings at $3.66 EPS and FY2026 earnings at $4.05 EPS.

Other analysts have also issued research reports about the stock. Royal Bank of Canada lifted their price target on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research note on Monday, February 5th. Truist Financial lifted their price target on shares of Church & Dwight from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a research note on Thursday, January 18th. Bank of America lifted their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, Argus upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Friday, February 23rd. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $103.27.

Church & Dwight Stock Down 0.3 %

Shares of NYSE:CHD opened at $103.20 on Thursday. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. The company has a fifty day simple moving average of $101.90 and a 200 day simple moving average of $96.41. The firm has a market cap of $25.17 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 3.43 and a beta of 0.53. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $105.67.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.65. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 earnings per share.

Institutional Investors Weigh In On Church & Dwight

A number of large investors have recently added to or reduced their stakes in CHD. Game Plan Financial Advisors LLC bought a new stake in Church & Dwight during the first quarter worth approximately $26,000. Chilton Capital Management LLC boosted its position in Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Roble Belko & Company Inc bought a new stake in Church & Dwight during the first quarter worth approximately $31,000. Creekmur Asset Management LLC bought a new stake in shares of Church & Dwight in the fourth quarter valued at approximately $32,000. Finally, Harbour Investments Inc. boosted its position in shares of Church & Dwight by 1,033.3% in the fourth quarter. Harbour Investments Inc. now owns 340 shares of the company’s stock valued at $32,000 after acquiring an additional 310 shares during the period. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at approximately $451,551.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total value of $930,041.60. Following the transaction, the executive vice president now owns 6,373 shares in the company, valued at approximately $638,702.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at approximately $451,551.45. The disclosure for this sale can be found here. In the last three months, insiders sold 373,052 shares of company stock valued at $38,603,796. 2.00% of the stock is owned by insiders.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were issued a $0.2838 dividend. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 annualized dividend and a yield of 1.10%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio is presently 37.17%.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in 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; 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 showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.