Wall Street analysts forecast that Church & Dwight Co., Inc. (NYSE:CHD) will post sales of $976.83 million for the current fiscal quarter, according to Zacks. Ten analysts have issued estimates for Church & Dwight’s earnings. The highest sales estimate is $985.00 million and the lowest is $973.40 million. Church & Dwight posted sales of $877.20 million in the same quarter last year, which suggests a positive year over year growth rate of 11.4%. The company is scheduled to issue its next quarterly earnings results on Thursday, May 3rd.
On average, analysts expect that Church & Dwight will report full-year sales of $976.83 million for the current year, with estimates ranging from $4.07 billion to $4.11 billion. For the next year, analysts expect that the company will post sales of $4.21 billion per share, with estimates ranging from $4.19 billion to $4.22 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Church & Dwight.
Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Monday, February 5th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. Church & Dwight had a return on equity of 24.95% and a net margin of 19.69%. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1 billion. During the same period in the prior year, the company posted $0.44 EPS. The company’s revenue was up 15.3% compared to the same quarter last year.
In related news, Director James Craigie sold 396,400 shares of the stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $50.30, for a total transaction of $19,938,920.00. Following the sale, the director now directly owns 324,517 shares in the company, valued at approximately $16,323,205.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Steven J. Katz sold 12,600 shares of the stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $50.66, for a total value of $638,316.00. Following the sale, the vice president now owns 13,858 shares in the company, valued at $702,046.28. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 433,508 shares of company stock worth $21,803,371. 2.00% of the stock is owned by corporate insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. grew its position in Church & Dwight by 39.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 176,825 shares of the company’s stock worth $8,871,000 after acquiring an additional 49,816 shares during the last quarter. Fairfield Bush & CO. lifted its holdings in Church & Dwight by 5.1% during the 4th quarter. Fairfield Bush & CO. now owns 71,389 shares of the company’s stock worth $3,582,000 after buying an additional 3,490 shares in the last quarter. Xact Kapitalforvaltning AB lifted its holdings in Church & Dwight by 6.8% during the 4th quarter. Xact Kapitalforvaltning AB now owns 47,331 shares of the company’s stock worth $2,375,000 after buying an additional 3,030 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in Church & Dwight by 8.0% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,512 shares of the company’s stock worth $4,742,000 after buying an additional 7,020 shares in the last quarter. Finally, We Are One Seven LLC acquired a new position in Church & Dwight during the 4th quarter worth $352,000. Institutional investors and hedge funds own 83.64% of the company’s stock.
Shares of Church & Dwight (NYSE:CHD) opened at $50.56 on Tuesday. Church & Dwight has a 12 month low of $43.21 and a 12 month high of $54.18. The firm has a market capitalization of $12,341.05, a P/E ratio of 17.32, a PEG ratio of 2.16 and a beta of 0.43. The company has a quick ratio of 0.72, a current ratio of 1.07 and a debt-to-equity ratio of 0.95.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Thursday, February 15th were given a dividend of $0.2175 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.19. This represents a $0.87 dividend on an annualized basis and a yield of 1.72%. Church & Dwight’s dividend payout ratio is 29.79%.
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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.
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