Research Analysts Issue Forecasts for Church & Dwight Co., Inc.’s Q2 2024 Earnings (NYSE:CHD)

Church & Dwight Co., Inc. (NYSE:CHD) – Stock analysts at Zacks Research reduced their Q2 2024 EPS estimates for Church & Dwight in a research report issued on Wednesday, April 17th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.90 for the quarter, down from their previous forecast of $0.91. 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 Q1 2025 earnings at $0.88 EPS, Q2 2025 earnings at $0.94 EPS and Q4 2025 earnings at $0.91 EPS.

Several other analysts have also commented on the stock. Bank of America increased their target price on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, April 15th. Oppenheimer lifted their target price on Church & Dwight from $107.00 to $110.00 and gave the stock an “outperform” rating in a report on Monday, February 5th. Stifel Nicolaus boosted their target price on Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a research report on Monday, February 5th. TheStreet upgraded Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. Finally, Argus upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a report on Friday, February 23rd. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $103.27.

Church & Dwight Price Performance

Shares of Church & Dwight stock opened at $104.35 on Friday. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $105.67. 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 stock has a market cap of $25.45 billion, a PE ratio of 34.33, a price-to-earnings-growth ratio of 3.43 and a beta of 0.53. The company’s 50-day moving average price is $102.01 and its two-hundred day moving average price is $96.50.

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

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were paid a dividend of $0.2838 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.09%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio (DPR) is 37.17%.

Insider Activity

In related news, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was 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 owns 4,319 shares of the company’s stock, valued at approximately $451,551.45. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Rene Hemsey sold 9,280 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the transaction, the executive vice president now directly owns 6,373 shares in the company, valued at approximately $638,702.06. The disclosure for this sale can be found here. Insiders have sold a total of 373,052 shares of company stock worth $38,603,796 in the last ninety days. Corporate insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

A number of large investors have recently bought and sold shares of the business. Game Plan Financial Advisors LLC acquired a new stake in shares of Church & Dwight in the first quarter worth about $26,000. Chilton Capital Management LLC raised its stake in shares of Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares in the last quarter. Roble Belko & Company Inc bought a new position in shares of Church & Dwight in the 1st quarter valued at approximately $31,000. Creekmur Asset Management LLC acquired a new stake in Church & Dwight in the 4th quarter worth approximately $32,000. Finally, Harbour Investments Inc. boosted its position in Church & Dwight by 1,033.3% during the fourth quarter. Harbour Investments Inc. now owns 340 shares of the company’s stock worth $32,000 after purchasing an additional 310 shares during the period. 86.60% of the stock is currently owned by institutional investors.

About Church & Dwight

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.