Church & Dwight Co., Inc. (NYSE:CHD) Receives $108.53 Consensus Price Target from Analysts

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) has been given an average rating of "Hold" by the nineteen research firms that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $108.53.

CHD has been the topic of a number of analyst reports. TD Cowen increased their price target on Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research report on Monday, November 4th. JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an "underweight" rating in a research note on Monday, November 4th. Barclays dropped their price objective on shares of Church & Dwight from $86.00 to $85.00 and set an "underweight" rating on the stock in a research report on Tuesday, November 5th. Morgan Stanley cut shares of Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price objective for the company. in a research report on Monday, September 9th. Finally, Piper Sandler initiated coverage on Church & Dwight in a report on Tuesday, September 24th. They issued an "overweight" rating and a $120.00 target price on the stock.

Church & Dwight Stock Down 1.8 %

Shares of CHD stock traded down $1.95 during trading on Friday, reaching $107.21. The company's stock had a trading volume of 1,818,915 shares, compared to its average volume of 1,454,255. Church & Dwight has a 1-year low of $90.26 and a 1-year high of $113.50. The stock's 50-day moving average price is $105.42 and its 200 day moving average price is $104.44. The company has a market capitalization of $26.27 billion, a price-to-earnings ratio of 48.05, a P/E/G ratio of 4.02 and a beta of 0.57. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.68 by $0.11. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The company's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.74 earnings per share. On average, research analysts anticipate that Church & Dwight will post 3.45 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight's dividend payout ratio is currently 50.67%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 45,120 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the sale, the executive vice president now owns 10,325 shares in the company, valued at $1,158,361.75. This represents a 81.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the transaction, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. This trade represents a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 583,033 shares of company stock worth $61,221,493. 2.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Church & Dwight

A number of hedge funds have recently added to or reduced their stakes in CHD. Capital Performance Advisors LLP purchased a new position in shares of Church & Dwight during the 3rd quarter worth approximately $27,000. Ashton Thomas Securities LLC purchased a new position in Church & Dwight in the third quarter worth $28,000. Rothschild Investment LLC acquired a new stake in Church & Dwight in the second quarter valued at $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Church & Dwight during the 2nd quarter worth $33,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth $38,000. Institutional investors and hedge funds own 86.60% of the company's stock.

About Church & Dwight

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.