Analysts expect Church & Dwight Company, Inc. (NYSE:CHD) to announce earnings of $0.38 per share for the current fiscal quarter, according to Zacks. Ten analysts have issued estimates for Church & Dwight’s earnings, with the highest EPS estimate coming in at $0.39 and the lowest estimate coming in at $0.37. Church & Dwight posted earnings of $0.43 per share during the same quarter last year, which would suggest a negative year over year growth rate of 11.6%. The business is expected to issue its next quarterly earnings results before the market opens on Thursday, August 3rd.
On average, analysts expect that Church & Dwight will report full-year earnings of $1.92 per share for the current year, with EPS estimates ranging from $1.90 to $1.94. For the next fiscal year, analysts expect that the firm will report earnings of $2.10 per share, with EPS estimates ranging from $2.09 to $2.13. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Church & Dwight.
Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Thursday, May 4th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The firm had revenue of $877.20 million during the quarter, compared to the consensus estimate of $869.06 million. Church & Dwight had a net margin of 13.56% and a return on equity of 24.11%. The firm’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.43 earnings per share.
Several analysts have recently commented on CHD shares. J P Morgan Chase & Co initiated coverage on Church & Dwight in a report on Tuesday, March 21st. They set a “neutral” rating and a $53.00 target price on the stock. Jefferies Group LLC reissued a “buy” rating and issued a $54.00 target price on shares of Church & Dwight in a research note on Wednesday, April 12th. Zacks Investment Research lowered Church & Dwight from a “buy” rating to a “hold” rating in a research note on Thursday, May 18th. BidaskClub lowered Church & Dwight from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $45.00 price target on shares of Church & Dwight in a research report on Friday, May 5th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $51.22.
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Hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in Church & Dwight by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 845,647 shares of the company’s stock valued at $37,373,000 after buying an additional 4,682 shares during the last quarter. A.R.T. Advisors LLC purchased a new stake in Church & Dwight during the fourth quarter valued at $223,000. Thrivent Financial for Lutherans boosted its stake in Church & Dwight by 7.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 9,020 shares of the company’s stock valued at $399,000 after buying an additional 590 shares during the last quarter. Teachers Advisors LLC boosted its stake in Church & Dwight by 8.3% in the fourth quarter. Teachers Advisors LLC now owns 485,581 shares of the company’s stock valued at $21,458,000 after buying an additional 37,140 shares during the last quarter. Finally, Kentucky Retirement Systems purchased a new stake in Church & Dwight during the fourth quarter valued at $829,000. 82.40% of the stock is owned by institutional investors.
Shares of Church & Dwight (CHD) opened at 53.63 on Wednesday. The firm has a 50-day moving average price of $52.63 and a 200-day moving average price of $49.70. Church & Dwight has a 1-year low of $42.56 and a 1-year high of $54.18. The company has a market capitalization of $13.37 billion, a PE ratio of 29.31 and a beta of 0.57.
About Church & Dwight
Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.
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