Church & Dwight (NYSE:CHD) Issues Q2 Earnings Guidance

Church & Dwight (NYSE:CHD) issued an update on its second quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.83 for the period, compared to the consensus EPS estimate of $0.92. The company issued revenue guidance of +~3.5% yr/yr to ~$1.51 billion, compared to the consensus revenue estimate of $1.52 billion.

Church & Dwight Price Performance

Shares of CHD opened at $104.26 on Thursday. Church & Dwight has a 1 year low of $82.25 and a 1 year high of $108.68. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. The company has a market capitalization of $25.43 billion, a price-to-earnings ratio of 34.95, a price-to-earnings-growth ratio of 3.61 and a beta of 0.51. The business has a 50-day moving average of $103.44 and a 200-day moving average of $97.59.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period last year, the company earned $0.62 earnings per share. The firm’s revenue was up 6.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Church & Dwight will post 3.44 earnings per share for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.09%. Church & Dwight’s dividend payout ratio is currently 37.17%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Truist Financial raised their target price on Church & Dwight from $105.00 to $110.00 and gave the stock a buy rating in a research note on Wednesday, February 7th. Deutsche Bank Aktiengesellschaft raised their target price on Church & Dwight from $109.00 to $112.00 and gave the stock a buy rating in a research note on Monday, April 22nd. Bank of America raised their price objective on Church & Dwight from $100.00 to $104.00 and gave the company a neutral rating in a research note on Monday, April 15th. Oppenheimer raised their price objective on Church & Dwight from $110.00 to $120.00 and gave the company an outperform rating in a research note on Tuesday, April 23rd. Finally, TheStreet raised Church & Dwight from a c+ rating to a b rating in a research note on Friday, February 2nd. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of Hold and a consensus target price of $104.07.

Insider Buying and Selling

In related news, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction on Wednesday, March 13th. The stock was 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 directly owns 4,319 shares in the company, valued at $451,551.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Michael Read sold 4,500 shares of Church & Dwight stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction 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 sale, 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. Over the last three months, insiders have sold 373,052 shares of company stock worth $38,603,796. 2.00% of the stock is owned by company insiders.

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.