Equities analysts predict that Church & Dwight Co., Inc. (NYSE:CHD) will report $1.07 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Nine analysts have made estimates for Church & Dwight’s earnings, with the highest sales estimate coming in at $1.09 billion and the lowest estimate coming in at $1.06 billion. Church & Dwight posted sales of $1.03 billion during the same quarter last year, which suggests a positive year over year growth rate of 3.9%. The business is expected to report its next quarterly earnings results on Thursday, August 1st.
According to Zacks, analysts expect that Church & Dwight will report full-year sales of $4.38 billion for the current fiscal year, with estimates ranging from $4.36 billion to $4.43 billion. For the next year, analysts expect that the firm will post sales of $4.63 billion, with estimates ranging from $4.56 billion to $4.70 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover Church & Dwight.
Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.04. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Church & Dwight had a return on equity of 24.62% and a net margin of 14.02%. Church & Dwight’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.63 earnings per share.
CHD opened at $74.00 on Friday. The company has a market cap of $18.33 billion, a PE ratio of 32.60, a PEG ratio of 3.48 and a beta of 0.24. The company has a current ratio of 0.81, a quick ratio of 0.45 and a debt-to-equity ratio of 0.60. Church & Dwight has a 1 year low of $46.15 and a 1 year high of $74.99.
The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a $0.2275 dividend. This represents a $0.91 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Tuesday, May 14th. Church & Dwight’s dividend payout ratio is 40.09%.
In related news, Director Bradley C. Irwin sold 13,172 shares of the business’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $72.58, for a total value of $956,023.76. Following the sale, the director now owns 49,898 shares of the company’s stock, valued at approximately $3,621,596.84. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Arthur B. Winkleblack sold 48,000 shares of the business’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $73.19, for a total value of $3,513,120.00. Following the completion of the sale, the director now directly owns 240,606 shares in the company, valued at approximately $17,609,953.14. The disclosure for this sale can be found here. In the last ninety days, insiders sold 126,432 shares of company stock worth $9,294,002. 2.00% of the stock is owned by insiders.
A number of institutional investors have recently bought and sold shares of CHD. Cordasco Financial Network acquired a new position in Church & Dwight in the first quarter worth $28,000. Pinnacle Bank acquired a new position in Church & Dwight in the fourth quarter worth $33,000. Berman Capital Advisors LLC acquired a new position in Church & Dwight in the fourth quarter worth $34,000. Baystate Wealth Management LLC boosted its stake in Church & Dwight by 332.3% in the first quarter. Baystate Wealth Management LLC now owns 536 shares of the company’s stock worth $39,000 after purchasing an additional 412 shares in the last quarter. Finally, Private Ocean LLC acquired a new position in Church & Dwight in the first quarter worth $41,000. 82.80% of the stock is currently owned by institutional investors.
Church & Dwight Company Profile
Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products; and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.
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