Church & Dwight Co., Inc. Expected to Post Q2 2024 Earnings of $0.90 Per Share (NYSE:CHD)

Church & Dwight Co., Inc. (NYSE:CHD) – Stock analysts at Zacks Research decreased their Q2 2024 earnings estimates for Church & Dwight in a research report issued to clients and investors on Wednesday, April 17th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.90 for the quarter, down from their previous estimate 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.

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

Other equities research analysts have also recently issued reports about the stock. Barclays increased their price objective on shares of Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. JPMorgan Chase & Co. increased their price objective on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a research report on Thursday, January 18th. Oppenheimer increased their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, February 5th. The Goldman Sachs Group initiated coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 price objective for the company. Finally, Royal Bank of Canada raised 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. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $103.27.

Church & Dwight Trading Down 0.3 %

CHD opened at $103.20 on Friday. Church & Dwight has a twelve month low of $82.25 and a twelve month high of $105.67. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The company has a fifty day moving average of $101.90 and a 200-day moving average of $96.41. The stock has a market cap of $25.17 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 3.43 and a beta of 0.53.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Game Plan Financial Advisors LLC bought a new position in shares of Church & Dwight during the first quarter valued at about $26,000. Chilton Capital Management LLC lifted its position 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 valued at $31,000 after purchasing an additional 110 shares in the last quarter. Roble Belko & Company Inc bought a new position in shares of Church & Dwight during the first quarter valued at about $31,000. Creekmur Asset Management LLC bought a new stake in Church & Dwight in the fourth quarter worth about $32,000. Finally, Harbour Investments Inc. raised its position in Church & Dwight by 1,033.3% in the fourth quarter. Harbour Investments Inc. now owns 340 shares of the company’s stock worth $32,000 after acquiring an additional 310 shares during the period. 86.60% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Matthew Farrell sold 275,000 shares of Church & Dwight stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the transaction, the chief executive officer now directly owns 112,719 shares in the company, valued at $11,703,613.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CFO Richard A. Dierker sold 24,380 shares of the firm’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 transaction, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at $790,958.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $28,553,250.00. Following the transaction, the chief executive officer now directly owns 112,719 shares in the company, valued at $11,703,613.77. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock worth $38,603,796 over the last three months. 2.00% of the stock is currently owned by insiders.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were issued a dividend of $0.2838 per share. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Wednesday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is currently 37.17%.

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.