Church & Dwight (NYSE:CHD) Price Target Raised to $93.00 at Barclays

Church & Dwight (NYSE:CHD - Get Free Report) had its target price boosted by equities researchers at Barclays from $90.00 to $93.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an "underweight" rating on the stock. Barclays's target price indicates a potential downside of 11.47% from the company's current price.

A number of other equities analysts have also recently issued reports on the stock. Stifel Nicolaus raised their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a report on Monday. JPMorgan Chase & Co. raised their price target on Church & Dwight from $99.00 to $107.00 and gave the stock an "underweight" rating in a report on Thursday, January 16th. Royal Bank of Canada restated a "sector perform" rating and set a $105.00 price objective on shares of Church & Dwight in a research note on Monday. Wells Fargo & Company raised their target price on Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday, November 4th. Finally, Truist Financial upped their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $111.53.

Church & Dwight Stock Performance

Shares of CHD traded down $0.35 during mid-day trading on Tuesday, hitting $105.05. The stock had a trading volume of 855,138 shares, compared to its average volume of 1,630,906. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The company has a market cap of $25.74 billion, a PE ratio of 44.32, a PEG ratio of 3.28 and a beta of 0.59. Church & Dwight has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The company's fifty day simple moving average is $105.97 and its two-hundred day simple moving average is $104.30.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the business earned $0.65 earnings per share. On average, equities analysts expect that Church & Dwight will post 3.7 earnings per share for the current year.

Insiders Place Their Bets

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the sale, the director now owns 32,500 shares in the company, valued at approximately $3,448,575. The trade was a 23.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bradley C. Irwin sold 13,200 shares of the firm's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the completion of the transaction, the director now owns 37,169 shares of the company's stock, valued at approximately $3,993,437.36. The trade was a 26.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 115,622 shares of company stock worth $12,842,559. 1.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Church & Dwight

Several hedge funds have recently made changes to their positions in the company. YANKCOM Partnership acquired a new position in Church & Dwight in the 4th quarter valued at approximately $25,000. Capital Performance Advisors LLP purchased a new position in shares of Church & Dwight during the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Church & Dwight in the third quarter worth $28,000. Versant Capital Management Inc raised its holdings in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after acquiring an additional 184 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in Church & Dwight during the fourth quarter valued at $39,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. 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.