Church & Dwight (NYSE:CHD) Given New $112.00 Price Target at Deutsche Bank Aktiengesellschaft

Church & Dwight (NYSE:CHD) had its target price lifted by investment analysts at Deutsche Bank Aktiengesellschaft from $109.00 to $112.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 4.99% from the company’s current price.

Several other research firms have also commented on CHD. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. JPMorgan Chase & Co. increased their price target on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a research note on Thursday, January 18th. Truist Financial lifted their price objective on shares of Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Argus raised Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a report on Friday, February 23rd. Finally, Bank of America upped their price objective on Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, April 15th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $104.07.

Church & Dwight Trading Up 0.7 %

Shares of Church & Dwight stock opened at $106.68 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. The company has a fifty day simple moving average of $102.34 and a 200-day simple moving average of $96.83. The stock has a market cap of $26.02 billion, a price-to-earnings ratio of 35.09, a PEG ratio of 3.46 and a beta of 0.53. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $107.42.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The firm had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the previous year, the company earned $0.62 earnings per share. Church & Dwight’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, equities analysts forecast that Church & Dwight will post 3.44 EPS for the current fiscal year.

Insider Buying and Selling at Church & Dwight

In other news, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the transaction, the executive vice president now owns 4,319 shares in the company, valued at approximately $451,551.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at approximately $451,551.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Michael Read sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 373,052 shares of company stock valued at $38,603,796. 1.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Church & Dwight

Institutional investors and hedge funds have recently made changes to their positions in the business. Game Plan Financial Advisors LLC acquired a new position in Church & Dwight during the first quarter worth about $26,000. Roble Belko & Company Inc acquired a new stake in shares of Church & Dwight in the first quarter valued at approximately $31,000. Chilton Capital Management LLC increased its stake in shares of Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares in the last quarter. Creekmur Asset Management LLC acquired a new position in shares of Church & Dwight during the 4th quarter worth approximately $32,000. Finally, Annapolis Financial Services LLC lifted its stake in Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after buying an additional 334 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

About Church & Dwight

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.