Church & Dwight Co. Assigned “A-” Credit Rating (CHD)
Church & Dwight Co. (NYSE:CHD) has received an “A-” credit rating from Morningstar. The firm’s “A-” rating indicates that the company is a low default risk. They also issued a negative credit outlook for the company and gave their stock a two star rating.
A number of other analysts have also recently weighed in on CHD. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Church & Dwight Co. in a research note on Monday, August 4th. They now have a $71.00 price target on the stock, down previously from $73.00. Analysts at Jefferies Group reiterated a “buy” rating on shares of Church & Dwight Co. in a research note on Monday, July 7th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Church & Dwight Co. presently has a consensus rating of “Hold” and a consensus price target of $71.86.
Shares of Church & Dwight Co. (NYSE:CHD) opened at 69.25 on Friday. Church & Dwight Co. has a one year low of $56.38 and a one year high of $70.71. The stock has a 50-day moving average of $67.13 and a 200-day moving average of $68.10. The company has a market cap of $9.256 billion and a P/E ratio of 24.57.
Church & Dwight Co. (NYSE:CHD) last announced its earnings results on Friday, August 1st. The company reported $0.65 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.62 by $0.03. The company had revenue of $808.30 million for the quarter, compared to the consensus estimate of $805.85 million. During the same quarter last year, the company posted $0.61 earnings per share. Church & Dwight Co.’s revenue was up 2.6% compared to the same quarter last year. On average, analysts predict that Church & Dwight Co. will post $3.02 earnings per share for the current fiscal year.
Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products.
To view more credit ratings from Morningstar, visit www.morningstar.com.
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