Church & Dwight (NYSE:CHD) Price Target Raised to $115.00 at Deutsche Bank Aktiengesellschaft

Church & Dwight (NYSE:CHD - Get Free Report) had its price target lifted by investment analysts at Deutsche Bank Aktiengesellschaft from $114.00 to $115.00 in a report issued on Monday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's target price indicates a potential upside of 11.69% from the company's current price.

CHD has been the subject of several other reports. Piper Sandler started coverage on Church & Dwight in a research note on Tuesday, September 24th. They set an "overweight" rating and a $120.00 price objective for the company. Stifel Nicolaus cut their price objective on Church & Dwight from $107.00 to $105.00 and set a "hold" rating for the company in a research note on Monday, August 5th. Evercore ISI cut their price objective on Church & Dwight from $110.00 to $101.00 and set an "in-line" rating for the company in a research note on Monday, August 5th. Wells Fargo & Company upped their price target on Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a research report on Monday. Finally, JPMorgan Chase & Co. upped their price target on Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" rating in a research report on Monday. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $108.10.

Church & Dwight Stock Performance

Shares of CHD stock traded down $1.79 on Monday, hitting $102.96. The company had a trading volume of 2,407,554 shares, compared to its average volume of 1,377,381. The firm has a market cap of $25.21 billion, a P/E ratio of 46.09, a price-to-earnings-growth ratio of 3.69 and a beta of 0.55. Church & Dwight has a twelve month low of $86.23 and a twelve month high of $110.31. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51. The company has a 50-day moving average price of $102.89 and a 200-day moving average price of $104.03.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.50 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. Church & Dwight's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.74 EPS. As a group, equities research analysts predict that Church & Dwight will post 3.43 earnings per share for the current fiscal year.

Institutional Trading of Church & Dwight

Several hedge funds have recently modified their holdings of CHD. Norden Group LLC raised its stake in shares of Church & Dwight by 77.0% in the first quarter. Norden Group LLC now owns 5,271 shares of the company's stock valued at $550,000 after acquiring an additional 2,293 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Church & Dwight by 20.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 80,042 shares of the company's stock valued at $8,349,000 after buying an additional 13,455 shares during the last quarter. Nordea Investment Management AB increased its holdings in Church & Dwight by 3.6% in the first quarter. Nordea Investment Management AB now owns 17,195 shares of the company's stock valued at $1,788,000 after buying an additional 596 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in Church & Dwight by 9.9% in the first quarter. Daiwa Securities Group Inc. now owns 24,556 shares of the company's stock valued at $2,561,000 after buying an additional 2,207 shares during the last quarter. Finally, Central Pacific Bank Trust Division purchased a new position in Church & Dwight in the first quarter valued at $385,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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.