Stifel Nicolaus Issues Pessimistic Forecast for Church & Dwight (NYSE:CHD) Stock Price

Church & Dwight (NYSE:CHD) had its price objective cut by Stifel Nicolaus from $105.00 to $103.00 in a report issued on Friday morning,Benzinga reports. They currently have a hold rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. Wells Fargo & Company upped their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft lifted their price target on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. TD Cowen upped their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, Piper Sandler lifted their target price on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and a consensus target price of $110.61.

Church & Dwight Trading Up 0.1 %

Shares of Church & Dwight stock opened at $106.42 on Friday. Church & Dwight has a twelve month low of $96.09 and a twelve month high of $113.50. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The business has a 50-day moving average price of $106.87 and a 200-day moving average price of $104.05. The firm has a market cap of $26.07 billion, a price-to-earnings ratio of 47.72, a PEG ratio of 3.12 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The business 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 19.90% and a net margin of 9.08%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.74 EPS. Equities research analysts anticipate that Church & Dwight will post 3.44 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight’s payout ratio is 50.67%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the sale, the director now directly owns 7,129 shares of the company’s stock, valued at $740,275.36. The trade was a 61.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Matthew Farrell sold 300,000 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total value of $31,152,000.00. Following the transaction, the chief executive officer now directly owns 112,719 shares in the company, valued at $11,704,740.96. The trade was a 72.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 593,035 shares of company stock valued at $62,282,808 in the last three months. Company insiders own 1.40% of the company’s stock.

Institutional Trading of Church & Dwight

A number of hedge funds have recently added to or reduced their stakes in CHD. Capital Performance Advisors LLP purchased a new position in Church & Dwight during the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight during the third quarter valued at approximately $28,000. Versant Capital Management Inc increased its holdings in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Church & Dwight in the second quarter worth approximately $33,000. Finally, Kimelman & Baird LLC purchased a new stake in Church & Dwight during the second quarter worth $46,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

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.