Church & Dwight (NYSE:CHD) Issues Quarterly Earnings Results

Church & Dwight (NYSE:CHD) released its earnings results on Thursday. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10, Briefing.com reports. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the prior year, the firm earned $0.85 EPS. The company’s revenue was up 5.1% compared to the same quarter last year. Church & Dwight updated its Q2 guidance to $0.83 EPS.

Church & Dwight Trading Up 0.2 %

NYSE:CHD traded up $0.23 during mid-day trading on Friday, hitting $106.11. 1,283,889 shares of the stock traded hands, compared to its average volume of 1,247,251. The company has a quick ratio of 0.64, a current ratio of 1.33 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $25.88 billion, a price-to-earnings ratio of 33.68, a PEG ratio of 3.54 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 firm’s 50 day moving average is $103.57 and its two-hundred day moving average is $97.65.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be issued a $0.2838 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Buying and Selling at Church & Dwight

In related news, Director Penry W. Price sold 7,752 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $98.29, for a total transaction of $761,944.08. Following the completion of the sale, the director now directly owns 25,692 shares of the company’s stock, valued at approximately $2,525,266.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Penry W. Price sold 7,752 shares of Church & Dwight stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $98.29, for a total transaction of $761,944.08. Following the completion of the sale, the director now owns 25,692 shares in the company, valued at approximately $2,525,266.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Barry A. Bruno sold 9,926 shares of the firm’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 transaction of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock worth $38,603,796 over the last 90 days. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on CHD. Oppenheimer raised their target price on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. Royal Bank of Canada raised their price target on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research note on Monday, February 5th. UBS Group raised their target price on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research report on Monday, February 5th. Bank of America upped their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research report on Monday, April 15th. Finally, Evercore ISI boosted their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the company an “in-line” rating in a research report on Friday. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average price target of $105.63.

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.