Church & Dwight (NYSE:CHD) had its price target lifted by Wells Fargo & Co from $47.00 to $52.00 in a research note released on Thursday, January 4th. They currently have a market perform rating on the stock.

A number of other equities analysts have also recently weighed in on CHD. Macquarie started coverage on Church & Dwight in a report on Friday, September 15th. They issued a neutral rating and a $52.00 price target for the company. Zacks Investment Research lowered Church & Dwight from a hold rating to a sell rating in a research note on Wednesday, October 4th. Goldman Sachs Group reiterated a sell rating on shares of Church & Dwight in a research note on Wednesday, October 4th. KeyCorp reiterated a hold rating on shares of Church & Dwight in a research note on Monday, October 16th. Finally, Jefferies Group dropped their price target on Church & Dwight from $63.00 to $58.00 and set a buy rating for the company in a research report on Friday, November 3rd. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. The company has an average rating of Hold and an average price target of $51.00.

Shares of Church & Dwight (CHD) opened at $48.93 on Thursday. The company has a market capitalization of $12,273.83, a PE ratio of 26.40, a price-to-earnings-growth ratio of 2.55 and a beta of 0.55. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 1.05. Church & Dwight has a 52-week low of $43.21 and a 52-week high of $54.18.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.02. The business had revenue of $967.90 million during the quarter, compared to analysts’ expectations of $937.20 million. Church & Dwight had a return on equity of 24.82% and a net margin of 12.32%. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 EPS. equities analysts forecast that Church & Dwight will post 1.92 earnings per share for the current year.

Church & Dwight announced that its Board of Directors has initiated a stock repurchase plan on Thursday, November 2nd that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

In other news, CEO Matthew Farrell acquired 5,000 shares of the company’s stock in a transaction on Monday, November 6th. The shares were bought at an average price of $43.83 per share, with a total value of $219,150.00. Following the completion of the acquisition, the chief executive officer now owns 103,685 shares in the company, valued at approximately $4,544,513.55. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Richard A. Dierker acquired 1,146 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were purchased at an average cost of $43.66 per share, for a total transaction of $50,034.36. Following the acquisition, the chief financial officer now owns 6,411 shares of the company’s stock, valued at approximately $279,904.26. The disclosure for this purchase can be found here. 2.00% of the stock is currently owned by company insiders.

Several hedge funds have recently modified their holdings of the business. Thrivent Financial For Lutherans grew its holdings in shares of Church & Dwight by 0.3% during the second quarter. Thrivent Financial For Lutherans now owns 9,410 shares of the company’s stock worth $488,000 after buying an additional 30 shares during the last quarter. Veritable L.P. grew its holdings in shares of Church & Dwight by 0.7% during the second quarter. Veritable L.P. now owns 6,417 shares of the company’s stock worth $333,000 after buying an additional 47 shares during the last quarter. North Star Asset Management Inc. grew its holdings in shares of Church & Dwight by 2.0% during the second quarter. North Star Asset Management Inc. now owns 5,010 shares of the company’s stock worth $260,000 after buying an additional 100 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its position in Church & Dwight by 5.6% in the second quarter. YorkBridge Wealth Partners LLC now owns 2,032 shares of the company’s stock valued at $106,000 after purchasing an additional 108 shares during the period. Finally, Nordea Investment Management AB lifted its position in Church & Dwight by 1.4% in the second quarter. Nordea Investment Management AB now owns 10,061 shares of the company’s stock valued at $522,000 after purchasing an additional 143 shares during the period. 79.66% of the stock is currently owned by institutional investors.

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Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

Analyst Recommendations for Church & Dwight (NYSE:CHD)

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