Church & Dwight (NYSE:CHD) Releases FY 2020 Pre-Market Earnings Guidance

Church & Dwight (NYSE:CHD) updated its FY 2020
Pre-Market earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.79-2.79 for the period, compared to the Thomson Reuters consensus estimate of $2.74. The company issued revenue guidance of $4.75-4.793 billion, compared to the consensus revenue estimate of $4.66 billion.

A number of brokerages have recently weighed in on CHD. Oppenheimer boosted their price objective on shares of Church & Dwight from $88.00 to $100.00 and gave the stock an outperform rating in a research note on Friday, July 24th. Zacks Investment Research upgraded shares of Church & Dwight from a hold rating to a buy rating and set a $72.00 price objective for the company in a research note on Monday, April 13th. Deutsche Bank boosted their price objective on shares of Church & Dwight from $76.00 to $78.00 and gave the stock a hold rating in a research note on Monday, July 27th. Stifel Nicolaus boosted their price objective on shares of Church & Dwight from $71.00 to $73.00 and gave the stock a hold rating in a research note on Friday, May 1st. Finally, SunTrust Banks boosted their target price on shares of Church & Dwight from $80.00 to $85.00 and gave the stock a buy rating in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company. Church & Dwight currently has a consensus rating of Hold and an average price target of $78.71.

Church & Dwight stock traded up $6.27 on Friday, hitting $96.33. The company’s stock had a trading volume of 4,193,050 shares, compared to its average volume of 1,610,910. The firm has a market cap of $23.69 billion, a P/E ratio of 36.08, a price-to-earnings-growth ratio of 4.12 and a beta of 0.32. The company has a quick ratio of 0.81, a current ratio of 1.03 and a debt-to-equity ratio of 0.64. The company has a fifty day moving average price of $80.34 and a 200-day moving average price of $73.71. Church & Dwight has a one year low of $47.98 and a one year high of $96.40.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.14. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. Church & Dwight had a net margin of 14.96% and a return on equity of 24.62%. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.57 EPS. Analysts anticipate that Church & Dwight will post 2.79 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend is Thursday, August 13th. Church & Dwight’s dividend payout ratio (DPR) is presently 38.87%.

In other news, Director Ravichandra Krishnamu Saligram sold 16,000 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $71.60, for a total value of $1,145,600.00. Following the sale, the director now owns 61,154 shares in the company, valued at approximately $4,378,626.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Britta Bomhard sold 59,260 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $73.60, for a total transaction of $4,361,536.00. Following the completion of the sale, the chief marketing officer now owns 59,923 shares in the company, valued at approximately $4,410,332.80. The disclosure for this sale can be found here. Insiders sold a total of 265,225 shares of company stock worth $19,915,197 in the last three months. Insiders own 2.00% of the company’s stock.

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

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