Church & Dwight (NYSE:CHD) Issues Q4 2024 Earnings Guidance

Church & Dwight (NYSE:CHD - Get Free Report) updated its fourth quarter 2024 earnings guidance on Friday. The company provided earnings per share guidance of 0.760-0.760 for the period, compared to the consensus earnings per share estimate of 0.860. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. Church & Dwight also updated its FY 2024 guidance to 3.420-3.420 EPS.

Analysts Set New Price Targets

A number of research analysts recently weighed in on CHD shares. JPMorgan Chase & Co. raised their price target on shares of Church & Dwight from $97.00 to $98.00 and gave the company an "underweight" rating in a research note on Friday, October 11th. Morgan Stanley cut Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price target for the company. in a research report on Monday, September 9th. TD Cowen started coverage on shares of Church & Dwight in a research note on Tuesday, July 23rd. They set a "buy" rating and a $116.00 target price on the stock. Barclays increased their target price on shares of Church & Dwight from $82.00 to $86.00 and gave the company an "underweight" rating in a research report on Friday, October 11th. Finally, Piper Sandler initiated coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They issued an "overweight" rating and a $120.00 price objective for the company. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, Church & Dwight has a consensus rating of "Hold" and a consensus price target of $107.50.

Church & Dwight Stock Up 4.8 %

CHD stock traded up $4.84 during mid-day trading on Friday, reaching $104.75. The company had a trading volume of 2,951,890 shares, compared to its average volume of 1,372,522. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 0.98. The stock has a 50 day simple moving average of $102.89 and a two-hundred day simple moving average of $104.02. The company has a market capitalization of $25.64 billion, a price-to-earnings ratio of 32.23, a PEG ratio of 3.71 and a beta of 0.54. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $110.31.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, August 2nd. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.84 by $0.09. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the business earned $0.92 earnings per share. The company's revenue was up 3.9% on a year-over-year basis. As a group, equities analysts predict that Church & Dwight will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Friday, November 15th. Church & Dwight's payout ratio is 34.77%.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the business's stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at $429,179.03. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.00% of the stock is currently owned by insiders.

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.