Church & Dwight Co., Inc. (CHD) Given Consensus Rating of “Hold” by Brokerages

Church & Dwight Co., Inc. (NYSE:CHD) has received an average rating of “Hold” from the twenty-one analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $67.32.

A number of research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Thursday, March 28th. Credit Suisse Group initiated coverage on shares of Church & Dwight in a research note on Wednesday, March 6th. They issued a “neutral” rating and a $65.00 price target for the company. Bank of America raised shares of Church & Dwight from an “underperform” rating to a “neutral” rating and set a $75.00 price target for the company in a research note on Friday, March 29th. Deutsche Bank raised shares of Church & Dwight from a “sell” rating to a “hold” rating and set a $60.46 price target for the company in a research note on Wednesday, February 6th. Finally, Morgan Stanley raised shares of Church & Dwight from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, February 6th.

Large investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its position in Church & Dwight by 4.5% in the 4th quarter. Bank of America Corp DE now owns 2,657,043 shares of the company’s stock valued at $174,728,000 after buying an additional 113,257 shares during the period. Moreno Evelyn V acquired a new stake in Church & Dwight during the 1st quarter worth $214,000. First Financial Bank Trust Division raised its stake in Church & Dwight by 1.7% during the 4th quarter. First Financial Bank Trust Division now owns 88,740 shares of the company’s stock worth $5,835,000 after acquiring an additional 1,513 shares in the last quarter. Natixis Advisors L.P. raised its stake in Church & Dwight by 5.3% during the 4th quarter. Natixis Advisors L.P. now owns 51,434 shares of the company’s stock worth $3,382,000 after acquiring an additional 2,579 shares in the last quarter. Finally, Davis R M Inc. grew its position in Church & Dwight by 42.0% during the 4th quarter. Davis R M Inc. now owns 10,753 shares of the company’s stock worth $707,000 after purchasing an additional 3,183 shares during the last quarter. 82.53% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight stock traded up $0.72 during mid-day trading on Friday, reaching $74.12. 912,688 shares of the company’s stock were exchanged, compared to its average volume of 1,256,648. The firm has a market capitalization of $18.23 billion, a P/E ratio of 32.65, a price-to-earnings-growth ratio of 3.58 and a beta of 0.23. Church & Dwight has a one year low of $45.50 and a one year high of $74.49. The company has a current ratio of 0.81, a quick ratio of 0.52 and a debt-to-equity ratio of 0.61.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Tuesday, February 5th. The company reported $0.57 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.01). The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. Church & Dwight had a return on equity of 24.80% and a net margin of 13.72%. The business’s revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 earnings per share. Analysts predict that Church & Dwight will post 2.46 EPS for the current fiscal year.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products; and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.

Read More: Why is the ROA ratio important?

Analyst Recommendations for Church & Dwight (NYSE:CHD)

Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.