Church & Dwight Co., Inc. to Post FY2018 Earnings of $2.25 Per Share, Gabelli Forecasts (CHD)

Church & Dwight Co., Inc. (NYSE:CHD) – Investment analysts at Gabelli issued their FY2018 earnings per share estimates for shares of Church & Dwight in a research note issued on Monday. Gabelli analyst S. Donnelly anticipates that the company will post earnings per share of $2.25 for the year. Gabelli also issued estimates for Church & Dwight’s FY2019 earnings at $2.43 EPS and FY2020 earnings at $2.62 EPS.

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A number of other analysts have also recently commented on CHD. Societe Generale raised Church & Dwight from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research note on Wednesday, November 29th. They noted that the move was a valuation call. Deutsche Bank started coverage on Church & Dwight in a research note on Wednesday, December 13th. They issued a “buy” rating and a $54.00 price target for the company. Zacks Investment Research raised Church & Dwight from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a research note on Wednesday, January 3rd. Wells Fargo & Co increased their target price on Church & Dwight from $47.00 to $52.00 and gave the stock a “market perform” rating in a research note on Thursday, January 4th. Finally, Jefferies Group reissued a “buy” rating and set a $62.00 target price on shares of Church & Dwight in a research note on Thursday, January 4th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $51.40.

Shares of Church & Dwight (NYSE CHD) opened at $50.59 on Thursday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.07 and a quick ratio of 0.72. The company has a market capitalization of $12,436.18, a PE ratio of 17.33, a PEG ratio of 2.17 and a beta of 0.43. Church & Dwight has a 52 week low of $43.21 and a 52 week high of $54.18.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1 billion. Church & Dwight had a return on equity of 24.95% and a net margin of 19.69%. Church & Dwight’s revenue was up 15.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 EPS.

Several institutional investors and hedge funds have recently modified their holdings of CHD. Sandy Spring Bank grew its stake in shares of Church & Dwight by 138.4% during the 3rd quarter. Sandy Spring Bank now owns 2,756 shares of the company’s stock worth $133,000 after acquiring an additional 1,600 shares in the last quarter. Ledyard National Bank grew its stake in shares of Church & Dwight by 176.3% during the 4th quarter. Ledyard National Bank now owns 2,923 shares of the company’s stock worth $147,000 after acquiring an additional 1,865 shares in the last quarter. Peak Asset Management LLC bought a new position in shares of Church & Dwight during the 4th quarter worth approximately $203,000. Hermes Investment Management Ltd. bought a new position in shares of Church & Dwight during the 4th quarter worth approximately $206,000. Finally, MUFG Americas Holdings Corp bought a new position in shares of Church & Dwight during the 3rd quarter worth approximately $218,000. 82.64% of the stock is owned by institutional investors.

In other news, Director James Craigie sold 24,508 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $50.03, for a total transaction of $1,226,135.24. Following the completion of the transaction, the director now directly owns 52,625 shares of the company’s stock, valued at approximately $2,632,828.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is owned by company insiders.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th were paid a dividend of $0.2175 per share. This is a boost from Church & Dwight’s previous quarterly dividend of $0.19. This represents a $0.87 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend was Wednesday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is currently 29.79%.

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Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

Earnings History and Estimates for Church & Dwight (NYSE:CHD)

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