Church & Dwight (NYSE:CHD – Get Rating) had its price target lowered by equities research analysts at Jefferies Financial Group to $98.00 in a research note issued on Wednesday, The Fly reports. Jefferies Financial Group’s price target would suggest a potential upside of 24.35% from the company’s current price.
Other equities analysts have also issued research reports about the stock. Wells Fargo & Company decreased their price objective on shares of Church & Dwight from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, September 7th. Credit Suisse Group cut their price target on shares of Church & Dwight from $100.00 to $92.00 and set a “neutral” rating on the stock in a report on Wednesday, September 7th. Truist Financial lowered shares of Church & Dwight from a “buy” rating to a “hold” rating in a research note on Thursday, September 8th. Barclays lowered their target price on shares of Church & Dwight from $76.00 to $73.00 and set an “underweight” rating on the stock in a research note on Wednesday, September 7th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Church & Dwight from $93.00 to $90.00 in a research note on Wednesday, September 7th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $91.64.
Church & Dwight Price Performance
Shares of NYSE:CHD opened at $78.81 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.63. Church & Dwight has a 12 month low of $78.71 and a 12 month high of $105.28. The firm has a market capitalization of $19.14 billion, a price-to-earnings ratio of 25.02, a price-to-earnings-growth ratio of 3.41 and a beta of 0.35. The business’s 50 day simple moving average is $88.82 and its 200-day simple moving average is $93.02.
Church & Dwight (NYSE:CHD – Get Rating) last announced its quarterly earnings results on Friday, July 29th. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.04. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Church & Dwight had a net margin of 14.71% and a return on equity of 21.89%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.76 EPS. As a group, equities analysts forecast that Church & Dwight will post 2.99 earnings per share for the current fiscal year.
Institutional Trading of Church & Dwight
Several institutional investors have recently made changes to their positions in CHD. TD Asset Management Inc. lifted its holdings in Church & Dwight by 13.1% during the 4th quarter. TD Asset Management Inc. now owns 102,238 shares of the company’s stock valued at $10,479,000 after purchasing an additional 11,851 shares during the last quarter. Pictet Asset Management SA lifted its holdings in Church & Dwight by 3.7% during the 4th quarter. Pictet Asset Management SA now owns 102,693 shares of the company’s stock valued at $10,526,000 after purchasing an additional 3,679 shares during the last quarter. Bailard Inc. bought a new position in Church & Dwight during the 4th quarter valued at about $248,000. Covestor Ltd bought a new position in Church & Dwight during the 4th quarter valued at about $59,000. Finally, Ingalls & Snyder LLC bought a new position in Church & Dwight during the 4th quarter valued at about $275,000. 82.59% of the stock is currently owned by institutional investors and hedge funds.
About Church & Dwight
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates through 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; battery-operated and manual 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 replacement showerheads under the WATERPIK brand; FLAWLESS products; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand.