Oppenheimer Holdings Analysts Cut Earnings Estimates for Church & Dwight Co., Inc. (CHD)

Church & Dwight Co., Inc. (NYSE:CHD) – Analysts at Oppenheimer Holdings cut their Q2 2017 earnings per share (EPS) estimates for Church & Dwight Co. in a note issued to investors on Tuesday, according to Zacks Investment Research. Oppenheimer Holdings analyst R. Parikh now expects that the company will earn $0.42 per share for the quarter, down from their prior forecast of $0.45. Oppenheimer Holdings also issued estimates for Church & Dwight Co.’s Q3 2017 earnings at $0.52 EPS, Q4 2017 earnings at $0.48 EPS, FY2017 earnings at $1.89 EPS and FY2018 earnings at $2.03 EPS.

A number of other equities research analysts also recently commented on CHD. Royal Bank of Canada set a $45.00 price objective on Church & Dwight Co. and gave the company a “hold” rating in a research report on Monday, January 2nd. Zacks Investment Research lowered Church & Dwight Co. from a “hold” rating to a “sell” rating in a report on Wednesday, January 4th. Barclays PLC restated a “sell” rating and issued a $38.00 target price on shares of Church & Dwight Co. in a report on Tuesday, January 10th. Deutsche Bank AG lowered Church & Dwight Co. from a “buy” rating to a “hold” rating and reduced their target price for the company from $48.00 to $46.00 in a report on Wednesday, January 18th. Finally, Vetr lowered Church & Dwight Co. from a “buy” rating to a “hold” rating and set a $46.83 target price for the company. in a report on Monday, January 23rd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $49.57.

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

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Church & Dwight Co. (NYSE:CHD) traded down 0.04% during mid-day trading on Thursday, hitting $50.25. The stock had a trading volume of 1,449,698 shares. The stock has a market cap of $12.80 billion, a price-to-earnings ratio of 28.71 and a beta of 0.43. Church & Dwight Co. has a 12-month low of $42.56 and a 12-month high of $53.68. The company has a 50-day moving average of $50.01 and a 200-day moving average of $46.99.

Church & Dwight Co. (NYSE:CHD) last posted its quarterly earnings results on Tuesday, February 7th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. The business earned $896 million during the quarter, compared to analysts’ expectations of $889.23 million. Church & Dwight Co. had a return on equity of 23.11% and a net margin of 13.14%. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the firm earned $0.82 EPS.

A number of institutional investors have recently bought and sold shares of the company. Farr Miller & Washington LLC DC increased its position in Church & Dwight Co. by 0.5% in the fourth quarter. Farr Miller & Washington LLC DC now owns 6,200 shares of the company’s stock valued at $274,000 after buying an additional 28 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Church & Dwight Co. by 0.8% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,824 shares of the company’s stock valued at $655,000 after buying an additional 112 shares during the last quarter. Marshall Wace LLP increased its position in Church & Dwight Co. by 0.4% in the fourth quarter. Marshall Wace LLP now owns 67,671 shares of the company’s stock valued at $2,990,000 after buying an additional 295 shares during the last quarter. Johnson Financial Group Inc. increased its position in Church & Dwight Co. by 10.2% in the fourth quarter. Johnson Financial Group Inc. now owns 3,228 shares of the company’s stock valued at $143,000 after buying an additional 300 shares during the last quarter. Finally, Van ECK Associates Corp increased its position in Church & Dwight Co. by 12.2% in the fourth quarter. Van ECK Associates Corp now owns 3,515 shares of the company’s stock valued at $155,000 after buying an additional 381 shares during the last quarter. 78.56% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Bradley C. Irwin sold 20,000 shares of the company’s stock in a transaction on Thursday, February 23rd. The shares were sold at an average price of $49.65, for a total value of $993,000.00. Following the transaction, the director now directly owns 61,570 shares of the company’s stock, valued at $3,056,950.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Paul A. Siracusa sold 25,000 shares of the stock in a transaction on Wednesday, March 1st. The stock was sold at an average price of $50.02, for a total transaction of $1,250,500.00. Following the transaction, the vice president now directly owns 26,279 shares in the company, valued at $1,314,475.58. The disclosure for this sale can be found here. Insiders sold 62,400 shares of company stock worth $3,110,542 over the last ninety days. 2.17% of the stock is currently owned by company insiders.

Church & Dwight Co. 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.

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