$0.54 EPS Expected for Church & Dwight Co., Inc. (CHD) This Quarter

Wall Street brokerages forecast that Church & Dwight Co., Inc. (NYSE:CHD) will announce earnings of $0.54 per share for the current quarter, Zacks reports. Nine analysts have provided estimates for Church & Dwight’s earnings. The lowest EPS estimate is $0.53 and the highest is $0.55. Church & Dwight posted 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 firm is scheduled to report its next quarterly earnings report on Thursday, November 1st.

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

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

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

Shares of NYSE:CHD opened at $55.89 on Tuesday. The stock has a market capitalization of $13.68 billion, a PE ratio of 28.81, a PEG ratio of 2.44 and a beta of 0.43. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 0.81. Church & Dwight has a fifty-two week low of $43.21 and a fifty-two week high of $58.03.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 4th. Investors of record on Wednesday, August 15th will be issued a dividend of $0.2175 per share. This represents a $0.87 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Tuesday, August 14th. Church & Dwight’s dividend payout ratio is currently 44.85%.

In other Church & Dwight news, Director Bradley C. Irwin sold 32,000 shares of Church & Dwight stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $57.30, for a total transaction of $1,833,600.00. Following the completion of the transaction, the director now owns 60,726 shares in the company, valued at $3,479,599.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Richard A. Dierker sold 33,900 shares of Church & Dwight stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $57.24, for a total transaction of $1,940,436.00. Following the transaction, the vice president now owns 25,376 shares of the company’s stock, valued at approximately $1,452,522.24. The disclosure for this sale can be found here. In the last three months, insiders have sold 212,995 shares of company stock worth $11,511,841. 2.00% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. OppenheimerFunds Inc. raised its position in Church & Dwight by 80,441.5% during the second quarter. OppenheimerFunds Inc. now owns 5,905,303 shares of the company’s stock worth $313,926,000 after acquiring an additional 5,897,971 shares during the last quarter. Wells Fargo & Company MN raised its position in Church & Dwight by 45.0% during the second quarter. Wells Fargo & Company MN now owns 3,428,959 shares of the company’s stock worth $182,283,000 after acquiring an additional 1,064,241 shares during the last quarter. FMR LLC raised its position in Church & Dwight by 7.4% during the second quarter. FMR LLC now owns 2,758,699 shares of the company’s stock worth $146,652,000 after acquiring an additional 190,608 shares during the last quarter. American Century Companies Inc. raised its position in Church & Dwight by 11.4% during the first quarter. American Century Companies Inc. now owns 2,132,530 shares of the company’s stock worth $107,394,000 after acquiring an additional 218,040 shares during the last quarter. Finally, Swiss National Bank raised its position in Church & Dwight by 0.7% during the second quarter. Swiss National Bank now owns 1,690,016 shares of the company’s stock worth $89,841,000 after acquiring an additional 12,300 shares during the last quarter. Institutional investors own 81.14% of the company’s stock.

Church & Dwight Company Profile

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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