Church & Dwight Co., Inc. (NYSE:CHD) Stock Has Average Price Target of $108.44 According to Analysts

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have earned a consensus rating of “Hold” from the seventeen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $108.44.

Several brokerages recently issued reports on CHD. UBS Group lifted their target price on Church & Dwight from $106.00 to $112.00 and gave the company a “neutral” rating in a research note on Monday, November 2nd. Royal Bank Of Canada upped their price target on Church & Dwight from $114.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Church & Dwight in a report on Wednesday, October 14th. Wall Street Zen raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a report on Saturday, October 10th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Church & Dwight from $105.00 to $109.00 and gave the company a “neutral” rating in a research report on Monday, November 2nd.

Church & Dwight Price Performance

NYSE:CHD opened at $111.93 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.96 and a debt-to-equity ratio of 0.40. The business’s 50-day simple moving average is $100.83 and its two-hundred day simple moving average is $98.45. The stock has a market cap of $26.42 billion, a PE ratio of 34.44, a P/E/G ratio of 3.96 and a beta of 0.45. Church & Dwight has a 52 week low of $81.49 and a 52 week high of $114.64.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, October 30th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.58 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.41%. The business’s revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 earnings per share. As a group, analysts forecast that Church & Dwight will post 3.77 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be paid a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, November 13th. Church & Dwight’s dividend payout ratio (DPR) is presently 37.85%.

Insider Activity at Church & Dwight

In other news, EVP Michael Read sold 8,700 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $112.29, for a total transaction of $976,923.00. Following the completion of the transaction, the executive vice president owned 1,598 shares in the company, valued at $179,439.42. This trade represents a 84.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Rene Hemsey sold 5,000 shares of Church & Dwight stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $102.25, for a total value of $511,250.00. Following the completion of the sale, the executive vice president directly owned 8,086 shares in the company, valued at $826,793.50. This trade represents a 38.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 137,090 shares of company stock valued at $14,811,277 in the last ninety days. Corporate insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Church & Dwight

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. bought a new stake in Church & Dwight in the 3rd quarter worth approximately $2,181,000. Private Advisor Group LLC boosted its position in shares of Church & Dwight by 158.7% during the 3rd quarter. Private Advisor Group LLC now owns 21,945 shares of the company’s stock valued at $2,068,000 after acquiring an additional 13,463 shares during the last quarter. Focus Advisor Solutions LLC boosted its position in shares of Church & Dwight by 295.6% during the 3rd quarter. Focus Advisor Solutions LLC now owns 15,717 shares of the company’s stock valued at $1,481,000 after acquiring an additional 11,744 shares during the last quarter. Checchi Capital Advisers LLC increased its position in Church & Dwight by 32.3% in the third quarter. Checchi Capital Advisers LLC now owns 2,744 shares of the company’s stock worth $259,000 after purchasing an additional 670 shares during the last quarter. Finally, Composition Wealth LLC raised its stake in Church & Dwight by 15.2% during the third quarter. Composition Wealth LLC now owns 3,645 shares of the company’s stock valued at $343,000 after purchasing an additional 482 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Church & Dwight Company Profile

Church & Dwight is a consumer products company whose history traces to 1846, when John Dwight and Austin Church began producing baking soda. The company is best known for its ARM & HAMMER brand and sells household, personal care, and specialty products under a portfolio of owned brands. Its products include laundry detergents and cleaners, oral care items, cat litter, deodorants, condoms, pregnancy and ovulation tests, hair-removal products, and water flossers. Brands include OxiClean, Trojan, First Response, Nair, Waterpik, and TheraBreath, alongside ARM & HAMMER.