Church & Dwight (NYSE:CHD) Issues Q4 2024 Earnings Guidance

Church & Dwight (NYSE:CHD) issued an update on its fourth quarter 2024 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.760-0.760 for the period, compared to the consensus earnings per share estimate of 0.860. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. Church & Dwight also updated its FY 2024 guidance to 3.420-3.420 EPS.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of analyst reports. Evercore ISI lowered their target price on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 5th. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a research note on Monday, September 9th. TD Cowen upped their price target on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday. Stifel Nicolaus cut their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Finally, Truist Financial lowered their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Church & Dwight presently has a consensus rating of “Hold” and a consensus price target of $108.10.

Church & Dwight Stock Down 1.7 %

NYSE:CHD traded down $1.75 during trading hours on Monday, reaching $103.00. 1,545,189 shares of the company traded hands, compared to its average volume of 1,373,332. The stock has a market capitalization of $25.22 billion, a P/E ratio of 46.09, a P/E/G ratio of 3.69 and a beta of 0.55. The business’s 50-day moving average price is $102.89 and its two-hundred day moving average price is $104.03. Church & Dwight has a 1 year low of $86.23 and a 1 year high of $110.31. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.74 earnings per share. Analysts predict that Church & Dwight will post 3.43 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.2838 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.10%. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

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.