Church & Dwight (NYSE:CHD) PT Raised to $114.00 at HSBC

Church & Dwight (NYSE:CHD) had its price target boosted by equities research analysts at HSBC from $110.00 to $114.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “hold” rating on the stock. HSBC’s target price points to a potential upside of 7.44% from the company’s previous close.

A number of other equities analysts also recently commented on the stock. Evercore ISI upped their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research note on Friday. JPMorgan Chase & Co. decreased their target price on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a research report on Friday. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. Oppenheimer lifted their price objective on Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, April 23rd. Finally, Royal Bank of Canada increased their target price on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a report on Monday, February 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average price target of $105.63.

Church & Dwight Price Performance

Church & Dwight stock traded up $0.23 during mid-day trading on Friday, reaching $106.11. 1,283,889 shares of the company’s stock traded hands, compared to its average volume of 1,247,251. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $108.68. The company has a market cap of $25.88 billion, a price-to-earnings ratio of 33.69, a PEG ratio of 3.55 and a beta of 0.51. The stock has a 50 day moving average of $103.68 and a two-hundred day moving average of $97.76. The company has a quick ratio of 0.64, a current ratio of 1.33 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.86 by $0.10. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. Church & Dwight’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.85 earnings per share. Equities analysts forecast that Church & Dwight will post 3.46 earnings per share for the current year.

Insider Activity at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,703,613.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of Church & Dwight stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock valued at $38,603,796 in the last three months. 2.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Church & Dwight

A number of institutional investors have recently bought and sold shares of CHD. Commonwealth Equity Services LLC lifted its position in Church & Dwight by 0.6% during the third quarter. Commonwealth Equity Services LLC now owns 75,007 shares of the company’s stock valued at $6,873,000 after purchasing an additional 446 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Church & Dwight by 0.8% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 203,722 shares of the company’s stock valued at $18,667,000 after buying an additional 1,660 shares during the period. Stratos Wealth Advisors LLC boosted its stake in shares of Church & Dwight by 8.0% in the third quarter. Stratos Wealth Advisors LLC now owns 9,355 shares of the company’s stock worth $857,000 after buying an additional 693 shares during the last quarter. Forsta AP Fonden grew its holdings in Church & Dwight by 11.1% during the third quarter. Forsta AP Fonden now owns 53,100 shares of the company’s stock worth $4,866,000 after acquiring an additional 5,300 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Church & Dwight by 317.8% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 164,844 shares of the company’s stock valued at $15,105,000 after acquiring an additional 125,386 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

About Church & Dwight

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.