Church & Dwight Co., Inc. (NYSE:CHD) – William Blair boosted their FY2018 earnings estimates for shares of Church & Dwight in a report released on Monday. William Blair analyst J. Andersen now expects that the company will post earnings per share of $2.25 for the year, up from their prior estimate of $2.09.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1 billion. Church & Dwight had a net margin of 19.69% and a return on equity of 25.94%. The firm’s revenue was up 15.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 EPS.

CHD has been the topic of several other reports. Morgan Stanley decreased their price target on shares of Church & Dwight from $49.00 to $46.00 and set an “underweight” rating on the stock in a report on Friday, November 3rd. Zacks Investment Research raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a report on Friday, October 20th. Societe Generale raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a report on Wednesday, November 29th. They noted that the move was a valuation call. Oppenheimer reaffirmed a “hold” rating on shares of Church & Dwight in a report on Wednesday, November 8th. Finally, BMO Capital Markets decreased their price target on shares of Church & Dwight from $50.00 to $45.00 and set a “market perform” rating on the stock in a report on Monday, November 6th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. Church & Dwight has a consensus rating of “Hold” and an average price target of $51.40.

Shares of Church & Dwight (NYSE:CHD) traded up $0.25 during trading on Thursday, hitting $47.62. 1,096,748 shares of the company traded hands, compared to its average volume of 2,388,940. The company has a market cap of $11,900.00, a price-to-earnings ratio of 16.36, a PEG ratio of 2.61 and a beta of 0.45. The company has a quick ratio of 0.70, a current ratio of 1.05 and a debt-to-equity ratio of 1.08. Church & Dwight has a 12 month low of $43.21 and a 12 month high of $54.18.

Large investors have recently bought and sold shares of the stock. Sandy Spring Bank boosted its position in Church & Dwight by 138.4% during the 3rd quarter. Sandy Spring Bank now owns 2,756 shares of the company’s stock worth $133,000 after buying an additional 1,600 shares during the period. Ledyard National Bank boosted its position in Church & Dwight by 176.3% during the 4th quarter. Ledyard National Bank now owns 2,923 shares of the company’s stock worth $147,000 after buying an additional 1,865 shares during the period. Hermes Investment Management Ltd. acquired a new stake in Church & Dwight during the 4th quarter worth approximately $206,000. MUFG Americas Holdings Corp acquired a new stake in Church & Dwight during the 3rd quarter worth approximately $218,000. Finally, Delaney Dennis R acquired a new stake in Church & Dwight during the 4th quarter worth approximately $241,000. Institutional investors and hedge funds own 79.37% of the company’s stock.

Church & Dwight announced that its board has approved a stock repurchase program on Thursday, November 2nd that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be given a dividend of $0.2175 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.19. This represents a $0.87 annualized dividend and a yield of 1.83%. Church & Dwight’s dividend payout ratio (DPR) is currently 26.12%.

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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.

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

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