Church & Dwight (NYSE:CHD) Price Target Lowered to $82.00 at Barclays

Church & Dwight (NYSE:CHD) had its price target cut by equities research analysts at Barclays from $83.00 to $82.00 in a research report issued on Monday, Benzinga reports. The firm currently has an “underweight” rating on the stock. Barclays‘s target price suggests a potential downside of 22.11% from the company’s current price.

CHD has been the subject of several other reports. Oppenheimer raised their price objective on shares of Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 23rd. Stifel Nicolaus boosted their price objective on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a research report on Monday, February 5th. Evercore ISI upped their price objective on Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a report on Friday. Royal Bank of Canada boosted their target price on shares of Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a research note on Monday, February 5th. Finally, Truist Financial upped their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $105.56.

Church & Dwight Stock Down 0.8 %

Shares of CHD stock traded down $0.84 during mid-day trading on Monday, hitting $105.27. The company’s stock had a trading volume of 186,987 shares, compared to its average volume of 1,285,962. The stock has a market cap of $25.74 billion, a price-to-earnings ratio of 33.45, a PEG ratio of 3.53 and a beta of 0.51. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. Church & Dwight has a 52-week low of $82.25 and a 52-week high of $108.68. The business has a 50-day moving average price of $103.68 and a 200 day moving average price of $97.88.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.10. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the company posted $0.85 earnings per share. Church & Dwight’s revenue for the quarter was up 5.1% on a year-over-year basis. Research analysts predict that Church & Dwight will post 3.46 EPS for the current fiscal year.

Insider Activity

In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the transaction, the executive vice president now owns 6,373 shares in the company, valued at approximately $638,702.06. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, EVP Rene Hemsey sold 9,280 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at $638,702.06. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $103.83, for a total value of $28,553,250.00. Following the sale, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,703,613.77. The disclosure for this sale can be found here. Insiders sold a total of 373,052 shares of company stock valued at $38,603,796 over the last 90 days. Insiders own 1.40% of the company’s stock.

Institutional Trading of Church & Dwight

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its position in Church & Dwight by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock worth $2,861,865,000 after purchasing an additional 354,946 shares during the last quarter. Capital International Investors lifted its stake in Church & Dwight by 39.2% in the fourth quarter. Capital International Investors now owns 9,004,713 shares of the company’s stock valued at $851,414,000 after acquiring an additional 2,533,877 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Church & Dwight by 2.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,200,426 shares of the company’s stock worth $751,405,000 after buying an additional 217,047 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Church & Dwight by 89.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,027,312 shares of the company’s stock valued at $552,283,000 after buying an additional 2,839,783 shares during the period. Finally, Stifel Financial Corp boosted its position in Church & Dwight by 0.7% during the 3rd quarter. Stifel Financial Corp now owns 4,310,580 shares of the company’s stock worth $394,982,000 after buying an additional 29,943 shares during the period. Institutional investors own 86.60% of the company’s stock.

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 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; 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 showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.