Equities analysts forecast that Church & Dwight Co., Inc. (NYSE:CHD) will announce sales of $1.01 billion for the current quarter, Zacks Investment Research reports. Ten analysts have issued estimates for Church & Dwight’s earnings, with estimates ranging from $999.40 million to $1.02 billion. Church & Dwight posted sales of $896.00 million during the same quarter last year, which would suggest a positive year over year growth rate of 12.7%. The firm is scheduled to announce its next quarterly earnings report before the market opens on Monday, February 5th.

On average, analysts expect that Church & Dwight will report full-year sales of $1.01 billion for the current fiscal year, with estimates ranging from $3.74 billion to $3.76 billion. For the next financial year, analysts anticipate that the business will report sales of $4.05 billion per share, with estimates ranging from $4.02 billion to $4.10 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that that provide coverage for Church & Dwight.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.49 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.02. Church & Dwight had a net margin of 12.32% and a return on equity of 24.82%. The firm had revenue of $967.90 million for the quarter, compared to the consensus estimate of $937.20 million. During the same period in the prior year, the firm posted $0.47 EPS. The firm’s revenue was up 11.2% compared to the same quarter last year.

A number of research analysts have recently issued reports on the stock. KeyCorp restated a “hold” rating on shares of Church & Dwight in a research report on Monday, October 16th. Deutsche Bank assumed coverage on shares of Church & Dwight in a research report on Wednesday, December 13th. They issued a “buy” rating and a $54.00 price target on the stock. Zacks Investment Research upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Tuesday, January 9th. Jefferies Group restated a “buy” rating and issued a $62.00 price target on shares of Church & Dwight in a research report on Thursday, January 4th. Finally, Wells Fargo & Co raised their price target on shares of Church & Dwight from $47.00 to $52.00 and gave the stock a “market perform” rating in a research report on Thursday, January 4th. Five investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $50.70.

Church & Dwight (NYSE CHD) opened at $49.91 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.05 and a quick ratio of 0.70. Church & Dwight has a 52-week low of $43.21 and a 52-week high of $54.18. The stock has a market cap of $12,470.00, a PE ratio of 28.68, a PEG ratio of 2.56 and a beta of 0.56.

Church & Dwight announced that its Board of Directors has authorized a stock buyback plan on Thursday, November 2nd that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

In related news, CEO Matthew Farrell bought 5,000 shares of the stock in a transaction on Monday, November 6th. The shares were purchased at an average price of $43.83 per share, with a total value of $219,150.00. Following the purchase, the chief executive officer now owns 103,685 shares in the company, valued at $4,544,513.55. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard A. Dierker bought 1,146 shares of the stock in a transaction on Tuesday, November 7th. The shares were bought at an average cost of $43.66 per share, for a total transaction of $50,034.36. Following the purchase, the chief financial officer now owns 6,411 shares in the company, valued at approximately $279,904.26. The disclosure for this purchase can be found here. Company insiders own 2.00% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in CHD. Stephens Inc. AR acquired a new position in Church & Dwight during the 2nd quarter valued at about $224,000. Ameriprise Financial Inc. increased its stake in Church & Dwight by 3.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 320,542 shares of the company’s stock valued at $16,629,000 after buying an additional 10,030 shares during the period. Profund Advisors LLC increased its stake in Church & Dwight by 23.5% during the 2nd quarter. Profund Advisors LLC now owns 7,467 shares of the company’s stock valued at $387,000 after buying an additional 1,423 shares during the period. ProShare Advisors LLC increased its stake in Church & Dwight by 0.3% during the 2nd quarter. ProShare Advisors LLC now owns 59,014 shares of the company’s stock valued at $3,062,000 after buying an additional 205 shares during the period. Finally, Thrivent Financial For Lutherans increased its stake in Church & Dwight by 0.3% during the 2nd quarter. Thrivent Financial For Lutherans now owns 9,410 shares of the company’s stock valued at $488,000 after buying an additional 30 shares during the period. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

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Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

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

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