Church & Dwight (CHD) Forecasted to Post Q1 2018 Earnings of $0.61 Per Share

Church & Dwight (NYSE:CHD) – Equities research analysts at Jefferies Group upped their Q1 2018 earnings estimates for Church & Dwight in a report issued on Monday, April 16th. Jefferies Group analyst K. Grundy now expects that the company will post earnings per share of $0.61 for the quarter, up from their previous estimate of $0.60. Jefferies Group currently has a “Buy” rating and a $62.00 target price on the stock. Jefferies Group also issued estimates for Church & Dwight’s Q3 2018 earnings at $0.59 EPS, Q4 2018 earnings at $0.58 EPS, FY2018 earnings at $2.28 EPS, FY2019 earnings at $2.52 EPS and FY2020 earnings at $2.77 EPS.

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Several other brokerages also recently issued reports on CHD. Wells Fargo reiterated a “hold” rating on shares of Church & Dwight in a research report on Monday, February 5th. Zacks Investment Research downgraded Church & Dwight from a “buy” rating to a “hold” rating in a research report on Monday, January 22nd. CIBC upgraded Church & Dwight from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 7th. UBS upgraded Church & Dwight from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 7th. Finally, Stifel Nicolaus boosted their price objective on Church & Dwight from $46.00 to $48.00 and gave the stock a “hold” rating in a research report on Tuesday, February 6th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $51.71.

Shares of NYSE CHD opened at $50.32 on Wednesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.07 and a quick ratio of 0.72. The company has a market cap of $12,221.51, a PE ratio of 25.94, a price-to-earnings-growth ratio of 2.21 and a beta of 0.39. Church & Dwight has a 12-month low of $43.21 and a 12-month high of $54.18.

Church & Dwight (NYSE:CHD) last posted its earnings results on Monday, February 5th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.02. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1 billion. Church & Dwight had a return on equity of 24.95% and a net margin of 19.69%. The business’s revenue was up 15.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 earnings per share.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Church & Dwight by 39.2% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 176,825 shares of the company’s stock valued at $8,871,000 after buying an additional 49,816 shares in the last quarter. Fairfield Bush & CO. increased its holdings in shares of Church & Dwight by 5.1% in the fourth quarter. Fairfield Bush & CO. now owns 71,389 shares of the company’s stock valued at $3,582,000 after buying an additional 3,490 shares in the last quarter. Xact Kapitalforvaltning AB increased its holdings in shares of Church & Dwight by 6.8% in the fourth quarter. Xact Kapitalforvaltning AB now owns 47,331 shares of the company’s stock valued at $2,375,000 after buying an additional 3,030 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in shares of Church & Dwight by 8.0% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,512 shares of the company’s stock valued at $4,742,000 after buying an additional 7,020 shares in the last quarter. Finally, We Are One Seven LLC bought a new position in shares of Church & Dwight in the fourth quarter valued at $352,000. Hedge funds and other institutional investors own 83.56% of the company’s stock.

In other Church & Dwight news, Director Robert D. Leblanc sold 11,000 shares of the company’s stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $50.53, for a total value of $555,830.00. Following the completion of the sale, the director now directly owns 48,935 shares in the company, valued at $2,472,685.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Steven J. Katz sold 12,600 shares of the company’s stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $50.66, for a total value of $638,316.00. Following the completion of the sale, the vice president now owns 13,858 shares of the company’s stock, valued at $702,046.28. The disclosure for this sale can be found here. Insiders sold 444,508 shares of company stock valued at $22,359,201 over the last 90 days. 2.00% of the stock is currently owned by insiders.

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Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesic products 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; and water flossers and replacement showerheads under the WATERPIK brand.

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

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