Church & Dwight (NYSE:CHD - Get Free Report) released its quarterly earnings data on Friday. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11, Briefing.com reports. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The business's revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.74 earnings per share.
NYSE:CHD traded up $4.84 during trading hours on Friday, hitting $104.75. 2,960,153 shares of the company's stock traded hands, compared to its average volume of 1,247,704. The firm has a market cap of $25.64 billion, a P/E ratio of 32.23, a P/E/G ratio of 3.69 and a beta of 0.55. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51. The business's fifty day simple moving average is $102.89 and its two-hundred day simple moving average is $104.02. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $110.31.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Friday, November 15th. Church & Dwight's dividend payout ratio (DPR) is presently 34.77%.
CHD has been the subject of a number of analyst reports. Piper Sandler started coverage on Church & Dwight in a research note on Tuesday, September 24th. They set an "overweight" rating and a $120.00 price target for the company. Evercore ISI cut their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an "in-line" rating on the stock in a report on Monday, August 5th. Wells Fargo & Company lowered their target price on shares of Church & Dwight from $116.00 to $108.00 and set an "overweight" rating for the company in a report on Monday, August 5th. Barclays lifted their target price on shares of Church & Dwight from $82.00 to $86.00 and gave the stock an "underweight" rating in a research report on Friday, October 11th. Finally, Morgan Stanley cut Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price objective on the stock. in a research report on Monday, September 9th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight has an average rating of "Hold" and a consensus target price of $107.50.
Check Out Our Latest Analysis on CHD
In related news, EVP Barry A. Bruno sold 59,328 shares of the firm's stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the sale, the executive vice president now directly owns 4,319 shares of the company's stock, valued at $429,179.03. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 2.00% of the company's stock.
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.
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