Church & Dwight (NYSE:CHD) Issues Earnings Results

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Church & Dwight (NYSE:CHD) announced its earnings results on Friday. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.14, MarketWatch Earnings reports. Church & Dwight had a net margin of 14.96% and a return on equity of 24.62%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the firm posted $0.57 EPS. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. Church & Dwight updated its FY 2020
Pre-Market guidance to 2.79-2.79 EPS.

Church & Dwight stock opened at $96.33 on Friday. The stock’s 50-day moving average is $80.34 and its 200-day moving average is $73.71. The company has a market cap of $23.69 billion, a price-to-earnings ratio of 36.08, a price-to-earnings-growth ratio of 4.12 and a beta of 0.32. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.03 and a quick ratio of 0.81. Church & Dwight has a 12 month low of $47.98 and a 12 month high of $96.40.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a dividend of $0.24 per share. The ex-dividend date is Thursday, August 13th. This represents a $0.96 annualized dividend and a yield of 1.00%. Church & Dwight’s dividend payout ratio (DPR) is presently 38.87%.

Several research analysts have issued reports on CHD shares. Stifel Nicolaus lifted their target price on shares of Church & Dwight from $71.00 to $73.00 and gave the stock a “hold” rating in a report on Friday, May 1st. SunTrust Banks upped their price target on shares of Church & Dwight from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Deutsche Bank upped their price target on shares of Church & Dwight from $76.00 to $78.00 and gave the stock a “hold” rating in a research report on Monday, July 27th. Morgan Stanley boosted their target price on shares of Church & Dwight from $74.00 to $81.00 and gave the stock an “equal weight” rating in a report on Monday, July 13th. Finally, Oppenheimer upped their price target on shares of Church & Dwight from $88.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $78.71.

In other Church & Dwight news, Director James Craigie sold 87,400 shares of Church & Dwight stock in a transaction on Friday, May 8th. The stock was sold at an average price of $73.28, for a total transaction of $6,404,672.00. Following the sale, the director now owns 11,019 shares of the company’s stock, valued at approximately $807,472.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 16,000 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $71.60, for a total value of $1,145,600.00. Following the completion of the sale, the director now directly owns 61,154 shares in the company, valued at approximately $4,378,626.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 265,225 shares of company stock worth $19,915,197. Company insiders own 2.00% of the company’s stock.

About Church & Dwight

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

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Earnings History for Church & Dwight (NYSE:CHD)

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