Church & Dwight Co., Inc. (CHD) Expected to Post Earnings of $0.52 Per Share

Wall Street analysts expect Church & Dwight Co., Inc. (NYSE:CHD) to announce earnings of $0.52 per share for the current fiscal quarter, Zacks Investment Research reports. Nine analysts have issued estimates for Church & Dwight’s earnings, with the highest EPS estimate coming in at $0.53 and the lowest estimate coming in at $0.52. Church & Dwight reported earnings per share of $0.49 during the same quarter last year, which suggests a positive year over year growth rate of 6.1%. The company is scheduled to report its next earnings report on Thursday, August 1st.

On average, analysts expect that Church & Dwight will report full year earnings of $2.48 per share for the current financial year, with EPS estimates ranging from $2.45 to $2.50. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.69 per share, with EPS estimates ranging from $2.66 to $2.77. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow Church & Dwight.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.04. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.04 billion. Church & Dwight had a return on equity of 24.62% and a net margin of 14.02%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.63 earnings per share.

CHD has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded Church & Dwight from a “sell” rating to a “hold” rating in a report on Thursday, March 28th. Credit Suisse Group initiated coverage on Church & Dwight in a report on Wednesday, March 6th. They issued a “neutral” rating and a $65.00 price objective for the company. Wells Fargo & Co reiterated a “hold” rating and issued a $70.00 price objective on shares of Church & Dwight in a report on Thursday, May 2nd. Bank of America upgraded Church & Dwight from an “underperform” rating to a “neutral” rating and set a $75.00 price objective for the company in a report on Friday, March 29th. Finally, Deutsche Bank upgraded Church & Dwight from a “sell” rating to a “hold” rating and set a $60.46 price objective for the company in a report on Wednesday, February 6th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company. Church & Dwight currently has an average rating of “Hold” and an average target price of $68.14.

In other Church & Dwight news, VP Richard A. Dierker sold 12,000 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $74.35, for a total value of $892,200.00. Following the completion of the transaction, the vice president now directly owns 19,589 shares of the company’s stock, valued at $1,456,442.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Steven P. Cugine sold 14,500 shares of the business’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $74.21, for a total value of $1,076,045.00. Following the completion of the transaction, the executive vice president now directly owns 38,766 shares of the company’s stock, valued at $2,876,824.86. The disclosure for this sale can be found here. Over the last three months, insiders sold 126,432 shares of company stock valued at $9,294,002. Insiders own 2.00% of the company’s stock.

Several hedge funds have recently bought and sold shares of CHD. Cordasco Financial Network acquired a new position in Church & Dwight during the first quarter valued at approximately $28,000. Pinnacle Bank acquired a new position in Church & Dwight during the fourth quarter valued at approximately $33,000. Berman Capital Advisors LLC acquired a new position in Church & Dwight during the fourth quarter valued at approximately $34,000. Baystate Wealth Management LLC boosted its position in Church & Dwight by 332.3% during the first quarter. Baystate Wealth Management LLC now owns 536 shares of the company’s stock valued at $39,000 after purchasing an additional 412 shares during the last quarter. Finally, Private Ocean LLC acquired a new position in Church & Dwight during the first quarter valued at approximately $41,000. 81.71% of the stock is owned by institutional investors.

NYSE CHD traded down $0.20 on Friday, reaching $74.98. The company had a trading volume of 13,505 shares, compared to its average volume of 1,671,614. The company has a market capitalization of $18.22 billion, a PE ratio of 33.16, a P/E/G 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 52 week low of $46.32 and a 52 week high of $75.22.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a $0.2275 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.91 dividend on an annualized basis and a yield of 1.21%. Church & Dwight’s payout ratio is 40.09%.

About Church & Dwight

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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Earnings History and Estimates for Church & Dwight (NYSE:CHD)

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