Church & Dwight (NYSE:CHD) Posts Earnings Results

Church & Dwight (NYSE:CHD) released its quarterly earnings results on Friday. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11, Briefing.com reports. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the company posted $0.74 EPS. The business’s quarterly revenue was up 3.8% compared to the same quarter last year.

Church & Dwight Stock Performance

NYSE CHD opened at $104.75 on Monday. The company has a market cap of $25.64 billion, a P/E ratio of 32.23, a P/E/G ratio of 3.69 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The business’s 50 day moving average price is $102.89 and its 200-day moving average price is $104.03. Church & Dwight has a fifty-two week low of $82.25 and a fifty-two week high of $110.31.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Friday, November 15th. Church & Dwight’s dividend payout ratio is currently 34.77%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on CHD shares. Evercore ISI lowered their price objective on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 5th. JPMorgan Chase & Co. lifted their price objective on Church & Dwight from $97.00 to $98.00 and gave the company an “underweight” rating in a research report on Friday, October 11th. Wells Fargo & Company lowered their price objective on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Piper Sandler assumed coverage on Church & Dwight in a report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target on the stock. Finally, Barclays boosted their price target on Church & Dwight from $82.00 to $86.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $107.50.

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.