Church & Dwight (NYSE:CHD) Releases Q4 2024 Earnings Guidance

by · The Markets Daily

Church & Dwight (NYSE:CHD – Get Free Report) updated its fourth quarter 2024 earnings guidance on Friday. The company provided EPS guidance of 0.760-0.760 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. Church & Dwight also updated its FY 2024 guidance to 3.420-3.420 EPS.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CHD shares. Truist Financial dropped their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. Stifel Nicolaus reduced their price objective on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. Wells Fargo & Company raised their price target on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday. Evercore ISI lowered 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 research report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $108.10.

Check Out Our Latest Analysis on CHD

Church & Dwight Stock Performance

Shares of CHD traded down $1.75 during trading hours on Monday, hitting $103.00. The stock had a trading volume of 1,376,684 shares, compared to its average volume of 1,372,541. Church & Dwight has a fifty-two week low of $86.23 and a fifty-two week high of $110.31. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The firm has a market capitalization of $25.22 billion, a price-to-earnings ratio of 46.09, a PEG ratio of 3.69 and a beta of 0.55. The firm has a 50-day moving average price of $102.89 and a 200 day moving average price of $104.03.

Church & Dwight (NYSE:CHD – Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter last year, the firm earned $0.74 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. As a group, research analysts anticipate that Church & Dwight will post 3.43 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.2838 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. Church & Dwight’s payout ratio is presently 50.67%.

About Church & Dwight

(Get Free Report)

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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