Brokerages forecast that Church & Dwight Co., Inc. (NYSE:CHD) will post earnings per share (EPS) of $0.54 for the current quarter, Zacks reports. Nine analysts have made estimates for Church & Dwight’s earnings, with the lowest EPS estimate coming in at $0.53 and the highest estimate coming in at $0.55. Church & Dwight reported earnings per share of $0.49 during the same quarter last year, which would suggest a positive year-over-year growth rate of 10.2%. The company is scheduled to announce its next earnings report on Thursday, November 1st.

On average, analysts expect that Church & Dwight will report full year earnings of $2.28 per share for the current financial year, with EPS estimates ranging from $2.26 to $2.29. For the next fiscal year, analysts forecast that the company will post earnings of $2.45 per share, with EPS estimates ranging from $2.42 to $2.51. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Church & Dwight.

Church & Dwight (NYSE:CHD) last released its earnings results on Thursday, August 2nd. The company reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.02. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Church & Dwight had a net margin of 20.29% and a return on equity of 25.21%. The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.41 earnings per share.

A number of research firms have weighed in on CHD. Societe Generale cut shares of Church & Dwight from a “buy” rating to a “hold” rating and set a $54.00 target price on the stock. in a research note on Tuesday, August 7th. Royal Bank of Canada upped their price target on shares of Church & Dwight to $60.00 and gave the company a “fair value” rating in a research note on Friday, August 3rd. BMO Capital Markets upped their price target on shares of Church & Dwight from $47.00 to $55.00 and gave the company a “hold” rating in a research note on Friday, August 3rd. They noted that the move was a valuation call. Stifel Nicolaus upped their price target on shares of Church & Dwight from $48.00 to $52.00 and gave the company a “hold” rating in a research note on Friday, August 3rd. Finally, Morgan Stanley upped their price target on shares of Church & Dwight from $46.00 to $50.00 and gave the company an “underweight” rating in a research note on Friday, August 3rd. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $54.00.

CHD opened at $56.38 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.46 and a current ratio of 0.79. The stock has a market capitalization of $13.79 billion, a price-to-earnings ratio of 29.06, a P/E/G ratio of 2.46 and a beta of 0.43. Church & Dwight has a twelve month low of $43.21 and a twelve month high of $58.03.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 4th. Investors of record on Wednesday, August 15th will be paid a dividend of $0.2175 per share. This represents a $0.87 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date is Tuesday, August 14th. Church & Dwight’s payout ratio is currently 44.85%.

In related news, Director Arthur B. Winkleblack sold 8,058 shares of the company’s stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $55.94, for a total transaction of $450,764.52. Following the sale, the director now directly owns 75,187 shares in the company, valued at approximately $4,205,960.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert K. Shearer sold 16,718 shares of the company’s stock in a transaction that occurred on Monday, August 20th. The stock was sold at an average price of $57.82, for a total transaction of $966,634.76. Following the sale, the director now directly owns 45,826 shares in the company, valued at approximately $2,649,659.32. The disclosure for this sale can be found here. Insiders have sold a total of 549,247 shares of company stock worth $30,839,040 over the last 90 days. 2.00% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of CHD. Wells Fargo & Company MN increased its holdings in Church & Dwight by 5.3% during the 1st quarter. Wells Fargo & Company MN now owns 2,364,718 shares of the company’s stock worth $119,087,000 after acquiring an additional 119,421 shares during the period. Daiwa Securities Group Inc. increased its holdings in Church & Dwight by 16.0% during the 1st quarter. Daiwa Securities Group Inc. now owns 8,514 shares of the company’s stock worth $429,000 after acquiring an additional 1,176 shares during the period. Dupont Capital Management Corp increased its holdings in Church & Dwight by 430.0% during the 1st quarter. Dupont Capital Management Corp now owns 163,815 shares of the company’s stock worth $8,250,000 after acquiring an additional 132,905 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in Church & Dwight by 7.7% during the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 54,527 shares of the company’s stock worth $2,746,000 after acquiring an additional 3,884 shares during the period. Finally, Commerzbank Aktiengesellschaft FI increased its holdings in Church & Dwight by 172.4% during the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 34,771 shares of the company’s stock worth $1,751,000 after acquiring an additional 22,005 shares during the period. 85.03% of the stock is currently owned by institutional investors and hedge funds.

About Church & Dwight

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesic products 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; and water flossers and replacement showerheads under the WATERPIK brand.

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