Church & Dwight Company, Inc. (CHD) Set to Announce Earnings on Wednesday
Church & Dwight Company, Inc. (NYSE:CHD) is set to post its quarterly earnings results before the market opens on Wednesday, November 1st. Analysts expect Church & Dwight to post earnings of $0.47 per share for the quarter. Church & Dwight has set its Q3 guidance at $0.46 EPS and its FY17 guidance at $1.92 EPS.
Church & Dwight (NYSE:CHD) last released its earnings results on Thursday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.02. The company had revenue of $898.00 million during the quarter, compared to analyst estimates of $903.87 million. Church & Dwight had a return on equity of 24.21% and a net margin of 12.39%. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 earnings per share. On average, analysts expect Church & Dwight to post $1.93 EPS for the current fiscal year and $2.1 EPS for the next fiscal year.
Shares of Church & Dwight Company, Inc. (NYSE:CHD) opened at 45.72 on Wednesday. The stock has a market cap of $11.41 billion, a price-to-earnings ratio of 27.04 and a beta of 0.60. Church & Dwight Company, Inc. has a 12-month low of $42.56 and a 12-month high of $54.18. The stock has a 50 day moving average price of $48.37 and a 200-day moving average price of $50.54.
In related news, Director Robert D. Leblanc sold 9,718 shares of the business’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $49.84, for a total value of $484,345.12. Following the sale, the director now directly owns 56,497 shares of the company’s stock, valued at approximately $2,815,810.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Steven P. Cugine sold 177,940 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $50.30, for a total transaction of $8,950,382.00. Following the completion of the sale, the executive vice president now directly owns 46,348 shares in the company, valued at $2,331,304.40. The disclosure for this sale can be found here. Insiders sold a total of 198,858 shares of company stock worth $9,996,631 over the last ninety days. 2.00% of the stock is currently owned by insiders.
A number of equities analysts have recently weighed in on CHD shares. Zacks Investment Research cut shares of Church & Dwight from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. Jefferies Group LLC reissued a “buy” rating and set a $60.00 price target (up from $59.00) on shares of Church & Dwight in a research report on Thursday, July 6th. Bank of America Corporation lifted their price target on shares of Church & Dwight from $51.00 to $53.00 and gave the stock an “underperform” rating in a research report on Monday, July 10th. BMO Capital Markets set a $50.00 price target on shares of Church & Dwight and gave the stock a “hold” rating in a research report on Monday, July 17th. Finally, UBS AG reissued a “sell” rating and set a $48.00 price target (up from $46.00) on shares of Church & Dwight in a research report on Tuesday, July 18th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $51.26.
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.
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