Church & Dwight (CHD) to Release Quarterly Earnings on Thursday

Church & Dwight (NYSE:CHD) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.86 per share for the quarter. Church & Dwight has set its FY 2024 guidance at 3.420-3.420 EPS and its Q1 2024 guidance at 0.850-0.850 EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, hitting the consensus estimate of $0.65. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 EPS. On average, analysts expect Church & Dwight to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Church & Dwight Stock Performance

Shares of NYSE CHD opened at $106.91 on Tuesday. Church & Dwight has a 12 month low of $82.25 and a 12 month high of $108.10. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The company has a market cap of $26.08 billion, a P/E ratio of 35.17, a P/E/G ratio of 3.55 and a beta of 0.53. The business’s 50 day moving average is $103.10 and its two-hundred day moving average is $97.38.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s payout ratio is 37.17%.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at $638,702.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $98.29, for a total transaction of $761,944.08. Following the sale, the director now owns 25,692 shares of the company’s stock, valued at approximately $2,525,266.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Rene Hemsey sold 9,280 shares of the business’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at $638,702.06. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock valued at $38,603,796 in the last ninety days. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Barclays raised their price target on shares of Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. Royal Bank of Canada upped their price target on Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a report on Monday, February 5th. Oppenheimer lifted their price objective on Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, April 23rd. Stifel Nicolaus upped their target price on Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research note on Monday, February 5th. Finally, Bank of America lifted their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, April 15th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $104.07.

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.