Church & Dwight (NYSE:CHD) had its target price upped by equities research analysts at Stifel Nicolaus from $46.00 to $48.00 in a research report issued to clients and investors on Tuesday, MarketBeat reports. The firm presently has a “hold” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 0.27% from the stock’s current price.
Several other research firms have also recently issued reports on CHD. Zacks Investment Research raised Church & Dwight from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research note on Tuesday, January 9th. Jefferies Group reissued a “buy” rating and issued a $62.00 price target on shares of Church & Dwight in a research note on Thursday, January 4th. Wells Fargo & Co increased their price target on Church & Dwight from $47.00 to $52.00 and gave the stock a “market perform” rating in a research note on Thursday, January 4th. Deutsche Bank began coverage on Church & Dwight in a research note on Wednesday, December 13th. They issued a “buy” rating and a $54.00 price target for the company. Finally, KeyCorp reissued a “hold” rating on shares of Church & Dwight in a research note on Monday, October 16th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $51.21.
Church & Dwight (NYSE CHD) traded up $0.45 during trading hours on Tuesday, hitting $47.87. The stock had a trading volume of 5,139,907 shares, compared to its average volume of 2,365,300. Church & Dwight has a 12 month low of $43.21 and a 12 month high of $54.18. The company has a market capitalization of $11,850.00, a PE ratio of 16.45, a price-to-earnings-growth ratio of 2.45 and a beta of 0.45. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 1.05.
Church & Dwight announced that its Board of Directors has authorized a stock buyback plan on Thursday, November 2nd that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.
Institutional investors have recently made changes to their positions in the company. Westpac Banking Corp lifted its holdings in shares of Church & Dwight by 636.4% in the third quarter. Westpac Banking Corp now owns 115,863 shares of the company’s stock valued at $5,614,000 after buying an additional 100,129 shares during the period. Sterling Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 270 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Church & Dwight by 3.1% during the third quarter. Huntington National Bank now owns 726,553 shares of the company’s stock valued at $35,202,000 after purchasing an additional 21,739 shares during the last quarter. Koch Industries Inc. purchased a new stake in shares of Church & Dwight during the second quarter valued at $271,000. Finally, BlueCrest Capital Management Ltd purchased a new stake in shares of Church & Dwight during the second quarter valued at $2,103,000. Institutional investors and hedge funds own 79.37% of the company’s stock.
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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.
