Church & Dwight Co., Inc. (CHD) Expected to Post Q1 2018 Earnings of $0.60 Per Share

Church & Dwight Co., Inc. (NYSE:CHD) – Jefferies Group issued their Q1 2018 EPS estimates for Church & Dwight in a report issued on Monday. Jefferies Group analyst K. Grundy expects that the company will post earnings per share of $0.60 for the quarter. Jefferies Group has a “Buy” rating and a $62.00 price target on the stock. Jefferies Group also issued estimates for Church & Dwight’s Q2 2018 earnings at $0.50 EPS, Q3 2018 earnings at $0.60 EPS, Q4 2018 earnings at $0.57 EPS, FY2018 earnings at $2.27 EPS, FY2019 earnings at $2.51 EPS and FY2020 earnings at $2.75 EPS.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. Church & Dwight had a net margin of 19.69% and a return on equity of 25.94%. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period in the prior year, the firm posted $0.44 earnings per share. The company’s revenue for the quarter was up 15.3% on a year-over-year basis.

A number of other equities research analysts also recently issued reports on the stock. CIBC raised shares of Church & Dwight from a “market perform” rating to an “outperform” rating in a report on Wednesday. Morgan Stanley increased their price target on shares of Church & Dwight from $46.00 to $48.00 and gave the stock an “underweight” rating in a report on Wednesday. UBS Group raised shares of Church & Dwight from a “market perform” rating to an “outperform” rating in a report on Wednesday. Oppenheimer raised shares of Church & Dwight from a “market perform” rating to an “outperform” rating and set a $54.00 price target on the stock in a report on Wednesday. Finally, Royal Bank of Canada upped their price objective on shares of Church & Dwight to $51.00 and gave the stock a “sector perform” rating in a research report on Tuesday. They noted that the move was a valuation call. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. Church & Dwight presently has an average rating of “Hold” and an average price target of $51.53.

Shares of Church & Dwight (NYSE:CHD) opened at $47.37 on Wednesday. Church & Dwight has a fifty-two week low of $43.21 and a fifty-two week high of $54.18. The stock has a market cap of $11,840.00, a PE ratio of 16.28, a PEG ratio of 2.61 and a beta of 0.45. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.05 and a quick ratio of 0.70.

Several hedge funds have recently bought and sold shares of CHD. Thrivent Financial For Lutherans grew its position in Church & Dwight by 0.3% during the second quarter. Thrivent Financial For Lutherans now owns 9,410 shares of the company’s stock valued at $488,000 after acquiring an additional 30 shares during the last quarter. North Star Asset Management Inc. grew its position in Church & Dwight by 2.0% during the second quarter. North Star Asset Management Inc. now owns 5,010 shares of the company’s stock valued at $260,000 after acquiring an additional 100 shares during the last quarter. Nordea Investment Management AB grew its position in Church & Dwight by 1.4% during the second quarter. Nordea Investment Management AB now owns 10,061 shares of the company’s stock valued at $522,000 after acquiring an additional 143 shares during the last quarter. Keel Point LLC grew its position in Church & Dwight by 3.5% during the second quarter. Keel Point LLC now owns 5,284 shares of the company’s stock valued at $274,000 after acquiring an additional 177 shares during the last quarter. Finally, Sterling Capital Management LLC grew its position in Church & Dwight by 4.0% during the second quarter. Sterling Capital Management LLC now owns 7,070 shares of the company’s stock valued at $367,000 after acquiring an additional 270 shares during the last quarter. Institutional investors own 79.37% of the company’s stock.

Church & Dwight declared that its Board of Directors has approved a share repurchase plan on Thursday, November 2nd that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be given a $0.2175 dividend. This represents a $0.87 annualized dividend and a dividend yield of 1.84%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Wednesday, February 14th. Church & Dwight’s dividend payout ratio is 26.12%.

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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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