Church & Dwight (NYSE:CHD) Price Target Raised to $110.00

Church & Dwight (NYSE:CHD) had its price objective upped by Evercore ISI from $107.00 to $110.00 in a report released on Friday, Benzinga reports. The firm currently has an in-line rating on the stock.

A number of other equities research analysts have also recently issued reports on CHD. Oppenheimer boosted their target price on shares of Church & Dwight from $110.00 to $120.00 and gave the company an outperform rating in a report on Tuesday, April 23rd. Royal Bank of Canada upped their price target on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a sector perform rating in a report on Monday, February 5th. TheStreet raised shares of Church & Dwight from a c+ rating to a b rating in a report on Friday, February 2nd. Argus raised shares of Church & Dwight from a hold rating to a buy rating and set a $115.00 price target on the stock in a report on Friday, February 23rd. Finally, Barclays upped their price target on shares of Church & Dwight from $80.00 to $83.00 and gave the stock an underweight rating in a report on Friday, April 12th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of Hold and a consensus price target of $105.63.

Church & Dwight Price Performance

Church & Dwight stock opened at $106.11 on Friday. Church & Dwight has a 12 month low of $82.25 and a 12 month high of $108.68. The company has a current ratio of 1.33, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. The business’s 50 day simple moving average is $103.68 and its 200 day simple moving average is $97.88. The company has a market cap of $25.88 billion, a price-to-earnings ratio of 33.69, a PEG ratio of 3.55 and a beta of 0.51.

Church & Dwight (NYSE:CHD) last issued its earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the previous year, the firm posted $0.85 EPS. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. Sell-side analysts forecast that Church & Dwight will post 3.46 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.2838 per share. The ex-dividend date is Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight’s payout ratio is 35.87%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CFO Richard A. Dierker sold 24,380 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at $790,958.74. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the sale, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Richard A. Dierker sold 24,380 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the sale, the chief financial officer now owns 7,634 shares of the company’s stock, valued at $790,958.74. The disclosure for this sale can be found here. Insiders sold a total of 373,052 shares of company stock worth $38,603,796 over the last three months. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

A number of institutional investors have recently modified their holdings of CHD. Game Plan Financial Advisors LLC purchased a new stake in shares of Church & Dwight during the first quarter worth about $26,000. Chilton Capital Management LLC boosted its holdings in shares of 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 purchased a new stake in shares of Church & Dwight during the first quarter worth about $31,000. Creekmur Asset Management LLC purchased a new stake in shares of Church & Dwight during the fourth quarter worth about $32,000. Finally, Annapolis Financial Services LLC boosted its holdings in shares of Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after purchasing an additional 334 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

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.