Church & Dwight Company, Inc. (NYSE:CHD) Issues FY17 Earnings Guidance
Church & Dwight Company, Inc. (NYSE:CHD) issued an update on its FY17 earnings guidance on Monday morning. The company provided EPS guidance of $1.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.93. Church & Dwight Company also updated its FY18 guidance to $2.09 EPS.
Shares of Church & Dwight Company, Inc. (NYSE:CHD) opened at 52.62 on Monday. The stock has a 50 day moving average of $51.93 and a 200-day moving average of $48.96. 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 cap of $13.12 billion, a price-to-earnings ratio of 28.75 and a beta of 0.57.
Church & Dwight Company (NYSE:CHD) last released its quarterly earnings results on Thursday, May 4th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. Church & Dwight Company had a net margin of 13.56% and a return on equity of 24.11%. The firm had revenue of $877.20 million during the quarter, compared to the consensus estimate of $869.06 million. During the same quarter in the prior year, the firm earned $0.43 EPS. Church & Dwight Company’s revenue for the quarter was up 3.3% on a year-over-year basis. Equities analysts anticipate that Church & Dwight Company, Inc. will post $1.93 EPS for the current fiscal year.
Several analysts recently commented on CHD shares. J P Morgan Chase & Co started coverage on shares of Church & Dwight Company in a research report on Tuesday, March 21st. They issued a neutral rating and a $53.00 price target for the company. Morgan Stanley downgraded shares of Church & Dwight Company from an equal weight rating to an underweight rating in a research report on Tuesday, May 16th. Zacks Investment Research downgraded shares of Church & Dwight Company from a buy rating to a hold rating in a research report on Tuesday, June 6th. BidaskClub upgraded shares of Church & Dwight Company from a hold rating to a buy rating in a research report on Saturday, June 17th. Finally, Jefferies Group LLC reiterated a buy rating and issued a $54.00 price target on shares of Church & Dwight Company in a research report on Wednesday, April 12th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $50.60.
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Church & Dwight Company 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.
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