Equities research analysts expect Church & Dwight (NYSE:CHD) to report $979.18 million in sales for the current quarter, Zacks reports. Nine analysts have provided estimates for Church & Dwight’s earnings. The lowest sales estimate is $973.40 million and the highest is $987.03 million. Church & Dwight posted sales of $877.20 million during the same quarter last year, which suggests a positive year over year growth rate of 11.6%. The firm is expected to report its next earnings results before the market opens on Thursday, May 3rd.
On average, analysts expect that Church & Dwight will report full-year sales of $4.09 billion for the current fiscal year, with estimates ranging from $4.07 billion to $4.11 billion. For the next fiscal year, analysts forecast that the company will report sales of $4.21 billion per share, with estimates ranging from $4.19 billion to $4.24 billion. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Church & Dwight.
Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Monday, February 5th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1 billion. Church & Dwight had a net margin of 19.69% and a return on equity of 24.95%. The company’s quarterly revenue was up 15.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.44 earnings per share.
CHD has been the topic of several recent analyst reports. Jefferies Group reissued a “buy” rating and set a $62.00 price objective on shares of Church & Dwight in a research note on Thursday, January 4th. Zacks Investment Research raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a research note on Wednesday, January 3rd. Stifel Nicolaus upped their price objective on shares of Church & Dwight from $46.00 to $48.00 and gave the company a “hold” rating in a research note on Tuesday, February 6th. BMO Capital Markets upped their price objective on shares of Church & Dwight from $45.00 to $47.00 and gave the company a “hold” rating in a research note on Tuesday, February 6th. Finally, Wells Fargo reissued a “hold” rating on shares of Church & Dwight in a research note on Monday, February 5th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $51.71.
In other Church & Dwight news, VP Steven J. Katz sold 12,600 shares of the stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $50.66, for a total transaction of $638,316.00. Following the transaction, the vice president now owns 13,858 shares of the company’s stock, valued at $702,046.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director James Craigie sold 396,400 shares of the stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $50.30, for a total transaction of $19,938,920.00. Following the transaction, the director now directly owns 324,517 shares in the company, valued at approximately $16,323,205.10. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 444,508 shares of company stock worth $22,359,201. 2.00% of the stock is currently owned by insiders.
Large investors have recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. raised its stake in shares of Church & Dwight by 39.2% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 176,825 shares of the company’s stock valued at $8,871,000 after acquiring an additional 49,816 shares during the period. Fairfield Bush & CO. raised its stake in shares of Church & Dwight by 5.1% in the 4th quarter. Fairfield Bush & CO. now owns 71,389 shares of the company’s stock valued at $3,582,000 after acquiring an additional 3,490 shares during the period. Xact Kapitalforvaltning AB raised its stake in shares of Church & Dwight by 6.8% in the 4th quarter. Xact Kapitalforvaltning AB now owns 47,331 shares of the company’s stock valued at $2,375,000 after acquiring an additional 3,030 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in shares of Church & Dwight by 8.0% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,512 shares of the company’s stock valued at $4,742,000 after acquiring an additional 7,020 shares during the period. Finally, We Are One Seven LLC purchased a new position in shares of Church & Dwight in the 4th quarter valued at $352,000. 83.56% of the stock is currently owned by institutional investors.
Shares of CHD traded down $1.59 on Monday, hitting $48.68. 1,739,452 shares of the stock traded hands, compared to its average volume of 2,043,906. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.72 and a current ratio of 1.07. The company has a market capitalization of $12,275.18, a price-to-earnings ratio of 25.91, a PEG ratio of 2.22 and a beta of 0.39. Church & Dwight has a 1 year low of $43.21 and a 1 year high of $54.18.
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About Church & Dwight
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesic products 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; and water flossers and replacement showerheads under the WATERPIK brand.
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