Church & Dwight (CHD) PT Raised to $70.00

Church & Dwight (NYSE:CHD) had its price target hoisted by Wells Fargo & Co from $62.00 to $70.00 in a research report released on Friday, March 29th, BenzingaRatingsTable reports. Wells Fargo & Co currently has a market perform rating on the stock.

Several other research firms also recently weighed in on CHD. Deutsche Bank raised their price objective on Church & Dwight from $64.00 to $67.00 and gave the company a hold rating in a report on Friday, March 29th. Zacks Investment Research raised Church & Dwight from a sell rating to a hold rating in a report on Thursday, March 28th. Bank of America reissued an underperform rating and set a $66.00 price objective (up previously from $58.00) on shares of Church & Dwight in a report on Thursday, December 6th. Morgan Stanley set a $58.00 price objective on Church & Dwight and gave the company a sell rating in a report on Thursday, December 20th. Finally, Credit Suisse Group initiated coverage on Church & Dwight in a report on Wednesday, March 6th. They set a neutral rating and a $65.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $66.85.

Shares of NYSE CHD traded down $0.12 during mid-day trading on Friday, hitting $73.77. 984,425 shares of the stock traded hands, compared to its average volume of 1,826,749. The company has a quick ratio of 0.52, a current ratio of 0.81 and a debt-to-equity ratio of 0.61. Church & Dwight has a twelve month low of $44.87 and a twelve month high of $74.49. The company has a market cap of $18.13 billion, a price-to-earnings ratio of 32.50, a price-to-earnings-growth ratio of 3.58 and a beta of 0.23.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Tuesday, February 5th. The company reported $0.57 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.01). Church & Dwight had a net margin of 13.72% and a return on equity of 24.80%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the business earned $0.52 EPS. The company’s revenue was up 4.0% compared to the same quarter last year. On average, research analysts anticipate that Church & Dwight will post 2.46 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Cordasco Financial Network bought a new position in shares of Church & Dwight in the 1st quarter worth about $28,000. Pinnacle Bank bought a new position in shares of Church & Dwight in the 4th quarter worth about $33,000. Berman Capital Advisors LLC bought a new position in shares of Church & Dwight in the 4th quarter worth about $34,000. Financial Gravity Companies Inc. bought a new position in shares of Church & Dwight in the 4th quarter worth about $47,000. Finally, Patriot Financial Group Insurance Agency LLC raised its position in shares of Church & Dwight by 27.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 735 shares of the company’s stock worth $48,000 after acquiring an additional 157 shares in the last quarter. 82.50% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Company Profile

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 baking soda, cat litter, carpet deodorization, and laundry detergent under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergent, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH; and home pregnancy and ovulation test kits under the FIRST RESPONSE brand.

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Analyst Recommendations for Church & Dwight (NYSE:CHD)

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