Church & Dwight Company, Inc. (NYSE:CHD) Updates FY17 Earnings Guidance

Church & Dwight Company, Inc. (NYSE:CHD) issued an update on its FY17 earnings guidance on Thursday morning. The company provided EPS guidance of ~$1.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.93.

Church & Dwight Company, Inc. (NYSE:CHD) opened at $44.75 on Monday. The company has a current ratio of 1.05, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The stock has a market cap of $11,184.16, a P/E ratio of 24.06, a PEG ratio of 2.62 and a beta of 0.54. Church & Dwight Company, Inc. has a 1 year low of $42.56 and a 1 year high of $54.18.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Church & Dwight had a net margin of 12.32% and a return on equity of 24.82%. The firm had revenue of $967.90 million for the quarter, compared to analyst estimates of $937.20 million. During the same period last year, the firm posted $0.47 EPS. Church & Dwight’s quarterly revenue was up 11.2% on a year-over-year basis. research analysts predict that Church & Dwight Company, Inc. will post 1.92 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be given a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.76 dividend on an annualized basis and a yield of 1.70%. Church & Dwight’s dividend payout ratio (DPR) is 43.68%.

Church & Dwight declared that its board has authorized a share repurchase plan on Thursday, November 2nd that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

A number of research firms have commented on CHD. Oppenheimer Holdings, Inc. reissued a hold rating on shares of Church & Dwight in a report on Wednesday, November 8th. Barclays PLC reduced their target price on Church & Dwight from $49.00 to $43.00 and set an underweight rating for the company in a report on Tuesday, November 7th. BMO Capital Markets reduced their target price on Church & Dwight from $50.00 to $45.00 and set a market perform rating for the company in a report on Monday, November 6th. Morgan Stanley reduced their target price on Church & Dwight from $49.00 to $46.00 and set an underweight rating for the company in a report on Friday, November 3rd. Finally, Jefferies Group LLC cut their price target on Church & Dwight from $63.00 to $58.00 and set a buy rating for the company in a research note on Friday, November 3rd. Five investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company. The company has an average rating of Hold and an average target price of $49.49.

In other Church & Dwight news, VP Steven J. Katz sold 11,200 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $50.17, for a total value of $561,904.00. Following the transaction, the vice president now directly owns 4,458 shares of the company’s stock, valued at approximately $223,657.86. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Richard A. Dierker bought 1,146 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was acquired at an average cost of $43.66 per share, for a total transaction of $50,034.36. Following the completion of the transaction, the chief financial officer now owns 6,411 shares in the company, valued at $279,904.26. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 6,546 shares of company stock valued at $288,772. 2.00% of the stock is owned by company insiders.

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Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

Earnings History and Estimates for Church & Dwight (NYSE:CHD)

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