Church & Dwight (NYSE:CHD) is expected to release earnings data before market open Friday, January 28. Analysts expect Church & Dwight to post earnings of $0.59 per share for the quarter. Those interested in registering for the company’s earnings conference call can do so using this link.
Church & Dwight (NYSE:CHD) last released quarterly earnings data on Thursday, October 28. The company reported EPS of $0.80 for the quarter, beating the consensus estimate of $0.71 by $0.09. Church & Dwight had a return on equity of 22.39% and a net margin of 16.02%. The company posted revenue of $1.31 billion for the quarter, versus analyst estimates of $1.28 billion. During the same period last year, the company earned earnings per share of $0.70. Church & Dwight’s quarterly revenue increased 5.7% over the same quarter last year. On average, analysts expect Church & Dwight to post EPS of $3 for the current fiscal year and EPS of $3 for the next fiscal year.
Shares of CHD opened at $101.98 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.39 and a debt ratio of 0.35. Church & Dwight has a 12-month low of $77.62 and a 12-month high of $104.84. The stock’s 50-day moving average is $97.61 and its two-hundred-day moving average is $89.31. The company has a market capitalization of $24.90 billion, a P/E ratio of 31.28, a PEG ratio of 4.02 and a beta of 0.44.
Church & Dwight announced that its board of directors approved a stock repurchase plan on Friday, October 29 that sees the company repurchase $1.00 billion of outstanding stock. This repurchase authorization allows the company to repurchase up to 4.6% of its shares through open market purchases. Stock buyback plans are usually an indication that a company’s management believes its stock is undervalued.
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The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 1. Shareholders of record on Monday, November 15 received a dividend of $0.2525. This represents an annualized dividend of $1.01 and a yield of 0.99%. The ex-dividend date was Friday, November 12. Church & Dwight’s payout ratio is currently 30.98%.
In other Church & Dwight news, Vice Chairman Richard A. Dierker sold 53,281 shares of the company in a trade that took place on Tuesday, November 30. The stock was sold at an average price of $90.33, for a total transaction of $4,812,872.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, accessible via this link. Additionally, Vice Chairman Rene Hemsey sold 2,275 shares of the company in a trade that took place on Friday, December 17. The shares were sold at an average price of $99.56, for a total value of $226,499.00. The disclosure of this sale can be found here. Insiders sold a total of 869,968 shares of the company valued at $82,018,976 over the past three months. 2.00% of the shares are currently held by insiders.
A number of analysts have recently released reports on CHD shares. JPMorgan Chase & Co. reaffirmed a “sell” rating on Church & Dwight shares in a Tuesday, Nov. 30, research note. Credit Suisse Group raised its price target on Church & Dwight from $100.00 to $105.00 and gave the stock an “outperform” rating in a Tuesday, November 30 research note. Oppenheimer raised its price target on Church & Dwight from $100.00 to $110.00 and gave the stock an “outperform” rating in a Monday, Dec. 20 research note. Deutsche Bank Aktiengesellschaft raised its price target on Church & Dwight from $91.00 to $93.00 and gave the stock a “holding” rating in a Tuesday, Nov. 30 research note. Finally, Wells Fargo & Company raised its price target on Church & Dwight from $89.00 to $94.00 and gave the stock an “equal weight” rating in a Tuesday, November 30 research report. Three research analysts rated the stock with a sell rating, four gave the company a hold rating and three gave the company’s stock a buy rating. Based on MarketBeat data, Church & Dwight has an average rating of “Hold” and an average target price of $93.22.
About Church & Dwight
Church & Dwight Co, Inc engages in the development, manufacture and marketing 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, dryer sheets, cat litter and household cleaning products; and personal care products, including antiperspirants, oral care products, depilatories, reproductive health products, oral pain relievers, nasal saline moisturizers and dietary supplements.
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