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

Church & Dwight (NYSE:CHD) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.83 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Royal Bank of Canada raised their target price on Church & Dwight from $94.00 to $103.00 and gave the company a sector perform rating in a report on Monday, February 5th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $109.00 to $112.00 and gave the company a buy rating in a research report on Monday, April 22nd. UBS Group boosted their price target on Church & Dwight from $99.00 to $105.00 and gave the stock a neutral rating in a research note on Monday, February 5th. Argus upgraded Church & Dwight from a hold rating to a buy rating and set a $115.00 price objective for the company in a research note on Friday, February 23rd. Finally, Barclays increased their target price on Church & Dwight from $80.00 to $83.00 and gave the company an underweight rating in a research note on Friday, April 12th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Church & Dwight currently has a consensus rating of Hold and an average price target of $105.63.

Church & Dwight Stock Performance

CHD stock traded up $0.23 during midday trading on Friday, reaching $106.11. The company had a trading volume of 1,283,889 shares, compared to its average volume of 1,247,251. Church & Dwight has a fifty-two week low of $82.25 and a fifty-two week high of $108.68. The firm has a market capitalization of $25.88 billion, a PE ratio of 33.69, a P/E/G ratio of 3.55 and a beta of 0.51. 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 50 day moving average price of $103.68 and a 200 day moving average price of $97.76.

Church & Dwight (NYSE:CHD) last issued its earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.10. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the company earned $0.85 earnings per share. Analysts anticipate that Church & Dwight will post 3.46 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Insider Activity

In related news, CFO Richard A. Dierker sold 24,380 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $103.61, for a total value of $2,526,011.80. Following the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at approximately $790,958.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Richard A. Dierker sold 24,380 shares of the firm’s stock in a transaction that occurred on 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 owns 7,634 shares in the company, valued at approximately $790,958.74. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 373,052 shares of company stock valued at $38,603,796. Insiders own 2.00% of the company’s stock.

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.