Church & Dwight Co. (CHD) Posts Quarterly Earnings, Misses Estimates By $0.01 EPS
Church & Dwight Co. (NYSE:CHD) posted its quarterly earnings results on Tuesday. The company reported $0.65 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.66 by $0.01, AnalystRatingsNetwork reports. The company had revenue of $822.60 million for the quarter, compared to the consensus estimate of $822.83 million. During the same quarter in the prior year, the company posted $0.57 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis.
A number of analysts have recently weighed in on CHD shares. Analysts at KeyCorp initiated coverage on shares of Church & Dwight Co. in a research note to investors on Monday, December 16th. They set a “hold” rating on the stock. On a related note, analysts at RBC Capital initiated coverage on shares of Church & Dwight Co. in a research note to investors on Monday, November 25th. They set a “sector perform” rating and a $71.00 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Church & Dwight Co. in a research note to investors on Monday, November 25th. They set a “buy” rating on the stock. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $70.63.
Shares of Church & Dwight Co. (NYSE:CHD) opened at 62.06 on Tuesday. Church & Dwight Co. has a 52 week low of $56.36 and a 52 week high of $66.96. The stock’s 50-day moving average is $65.6 and its 200-day moving average is $63.37. The company has a market cap of $8.617 billion and a P/E ratio of 23.84.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of 0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.00%.
Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.