Church & Dwight (NYSE:CHD) Price Target Lowered to $82.00 at Barclays

Church & Dwight (NYSE:CHD) had its price objective reduced by equities research analysts at Barclays from $83.00 to $82.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has an “underweight” rating on the stock. Barclays‘s price objective suggests a potential downside of 23.31% from the company’s previous close.

CHD has been the subject of several other reports. Stifel Nicolaus increased their price objective on Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a report on Monday, February 5th. Bank of America upped their price objective on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a report on Monday, April 15th. JPMorgan Chase & Co. cut their price objective on shares of Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a report on Friday, May 3rd. The Goldman Sachs Group began coverage on Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 target price on the stock. Finally, UBS Group boosted their price objective on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. Three equities research 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, Church & Dwight currently has an average rating of “Hold” and an average price target of $105.56.

Church & Dwight Trading Up 1.4 %

Shares of Church & Dwight stock opened at $106.92 on Monday. The stock has a market capitalization of $26.14 billion, a PE ratio of 33.94, a price-to-earnings-growth ratio of 3.53 and a beta of 0.51. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $108.68. The stock has a 50 day moving average price of $103.92 and a two-hundred day moving average price of $98.11. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.86 by $0.10. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.85 earnings per share. As a group, equities analysts anticipate that Church & Dwight will post 3.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the sale, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CEO Matthew Farrell sold 275,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at $11,703,613.77. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. In the last three months, insiders have sold 371,524 shares of company stock valued at $38,491,358. Company insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Game Plan Financial Advisors LLC purchased a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $26,000. Chilton Capital Management LLC raised its position in Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the period. Roble Belko & Company Inc purchased a new stake in Church & Dwight in the first quarter valued at approximately $31,000. Creekmur Asset Management LLC acquired a new position in Church & Dwight during the fourth quarter worth $32,000. Finally, Annapolis Financial Services LLC boosted its position 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 buying an additional 334 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

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.