Equities Analysts Set Expectations for Church & Dwight Co., Inc.’s Q3 2024 Earnings (NYSE:CHD)

Church & Dwight Co., Inc. (NYSE:CHD) – Research analysts at Zacks Research increased their Q3 2024 earnings per share (EPS) estimates for Church & Dwight in a report released on Wednesday, April 17th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.86 for the quarter, up from their prior estimate of $0.85. The consensus estimate for Church & Dwight’s current full-year earnings is $3.44 per share. Zacks Research also issued estimates for Church & Dwight’s FY2024 earnings at $3.41 EPS, Q3 2025 earnings at $0.93 EPS, FY2025 earnings at $3.66 EPS and FY2026 earnings at $4.05 EPS.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. increased their target price on Church & Dwight from $87.00 to $95.00 and gave the company an “underweight” rating in a research note on Thursday, January 18th. Bank of America increased their target price on Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday. UBS Group increased their target price on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. Argus raised Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research note on Friday, February 23rd. Finally, Truist Financial raised their price objective on Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $103.27.

Church & Dwight Stock Down 0.3 %

CHD opened at $103.20 on Thursday. The stock has a market cap of $25.17 billion, a PE ratio of 33.95, a P/E/G ratio of 3.43 and a beta of 0.53. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $105.67. The business’s fifty day simple moving average is $101.90 and its 200 day simple moving average is $96.41.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the business posted $0.62 earnings per share. The firm’s revenue was up 6.4% compared to the same quarter last year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were issued a dividend of $0.2838 per share. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Wednesday, February 14th. Church & Dwight’s dividend payout ratio is currently 37.17%.

Insider Transactions at Church & Dwight

In other news, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Matthew Farrell sold 275,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at $11,703,613.77. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 373,052 shares of company stock worth $38,603,796. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Church & Dwight

Institutional investors and hedge funds have recently bought and sold shares of the stock. Game Plan Financial Advisors LLC purchased a new stake in Church & Dwight in the first quarter worth about $26,000. Chilton Capital Management LLC lifted its holdings in Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after buying an additional 110 shares during the period. Roble Belko & Company Inc purchased a new stake in Church & Dwight in the first quarter worth about $31,000. Creekmur Asset Management LLC purchased a new stake in Church & Dwight in the fourth quarter worth about $32,000. Finally, Harbour Investments Inc. lifted its holdings in Church & Dwight by 1,033.3% in the fourth quarter. Harbour Investments Inc. now owns 340 shares of the company’s stock worth $32,000 after buying an additional 310 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

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.