Church & Dwight Company, Inc. (CHD) Updates FY18 Earnings Guidance

Church & Dwight Company, Inc. (NYSE:CHD) issued an update on its FY18 earnings guidance on Monday morning. The company provided EPS guidance of $2.09 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.07. Church & Dwight also updated its FY17 guidance to $1.92 EPS.

Shares of Church & Dwight Company, Inc. (NYSE:CHD) traded up 0.47% during midday trading on Friday, hitting $49.62. 1,276,440 shares of the company’s stock traded hands. The company has a 50 day moving average price of $52.30 and a 200 day moving average price of $50.49. Church & Dwight Company, Inc. has a 1-year low of $42.56 and a 1-year high of $54.18. The firm has a market capitalization of $12.38 billion, a price-to-earnings ratio of 29.34 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Church & Dwight had a net margin of 12.39% and a return on equity of 24.21%. The company had revenue of $898 million for the quarter, compared to the consensus estimate of $903.87 million. During the same period last year, the company posted $0.85 EPS. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. Equities analysts anticipate that Church & Dwight Company, Inc. will post $1.93 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.53%. Church & Dwight’s payout ratio is currently 44.97%.

Several equities research analysts recently commented on the stock. Morgan Stanley downgraded shares of Church & Dwight from an equal weight rating to an underweight rating in a research report on Tuesday, May 16th. Zacks Investment Research upgraded shares of Church & Dwight from a hold rating to a buy rating and set a $56.00 price target for the company in a report on Friday, May 19th. Jefferies Group LLC reiterated a buy rating and issued a $60.00 price objective (up previously from $59.00) on shares of Church & Dwight in a research note on Thursday, July 6th. BidaskClub lowered shares of Church & Dwight from a buy rating to a hold rating in a research note on Saturday, June 24th. Finally, BMO Capital Markets set a $50.00 price target on shares of Church & Dwight and gave the company a hold rating in a research note on Monday, July 17th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company’s stock. Church & Dwight currently has a consensus rating of Hold and an average price target of $51.07.

In other Church & Dwight news, Director Robert D. Leblanc sold 9,718 shares of the stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $49.84, for a total value of $484,345.12. Following the completion of the transaction, the director now owns 56,497 shares in the company, valued at $2,815,810.48. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Steven P. Cugine sold 177,940 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $50.30, for a total value of $8,950,382.00. Following the completion of the transaction, the executive vice president now owns 46,348 shares of the company’s stock, valued at approximately $2,331,304.40. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by corporate insiders.

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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.

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

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