Equities analysts expect that Church & Dwight Company, Inc. (NYSE:CHD) will announce sales of $936.12 million for the current quarter, Zacks Investment Research reports. Ten analysts have made estimates for Church & Dwight’s earnings, with estimates ranging from $920.27 million to $954.44 million. Church & Dwight reported sales of $870.70 million during the same quarter last year, which indicates a positive year-over-year growth rate of 7.5%. The business is expected to announce its next earnings results on Thursday, November 2nd.

On average, analysts expect that Church & Dwight will report full year sales of $936.12 million for the current financial year, with estimates ranging from $3.63 billion to $3.76 billion. For the next year, analysts anticipate that the company will post sales of $4.01 billion per share, with estimates ranging from $3.77 billion to $4.13 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that cover Church & Dwight.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $898 million during the quarter, compared to the consensus estimate of $903.87 million. Church & Dwight had a net margin of 12.39% and a return on equity of 24.21%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.85 earnings per share.

A number of analysts have commented on the stock. BidaskClub lowered shares of Church & Dwight from a “hold” rating to a “sell” rating in a research note on Wednesday. Barclays PLC set a $49.00 price objective on shares of Church & Dwight and gave the company a “sell” rating in a research note on Sunday. Jefferies Group LLC reaffirmed a “buy” rating and set a $63.00 price objective on shares of Church & Dwight in a research note on Thursday, August 3rd. Zacks Investment Research lowered shares of Church & Dwight from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, UBS AG reaffirmed a “sell” rating and set a $48.00 price objective (up from $46.00) on shares of Church & Dwight in a research note on Tuesday, July 18th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $51.07.

Shares of Church & Dwight (CHD) opened at 49.69 on Thursday. Church & Dwight has a one year low of $42.56 and a one year high of $54.18. The stock has a market capitalization of $12.40 billion, a P/E ratio of 29.38 and a beta of 0.57. The stock’s 50 day moving average is $52.40 and its 200-day moving average is $50.50.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend is Friday, August 11th. Church & Dwight’s dividend payout ratio (DPR) is 44.97%.

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In other news, EVP Steven P. Cugine sold 177,940 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $50.30, for a total value of $8,950,382.00. Following the completion of the sale, the executive vice president now directly owns 46,348 shares of the company’s stock, valued at $2,331,304.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.00% of the stock is owned by corporate insiders.

Several hedge funds have recently bought and sold shares of CHD. CIBC World Markets Inc. raised its stake in Church & Dwight by 4.8% in the second quarter. CIBC World Markets Inc. now owns 54,922 shares of the company’s stock worth $2,849,000 after buying an additional 2,524 shares during the period. Engineers Gate Manager LP purchased a new position in Church & Dwight during the second quarter worth approximately $1,136,000. Tredje AP fonden purchased a new position in Church & Dwight during the second quarter worth approximately $140,000. Carderock Capital Management Inc. increased its position in Church & Dwight by 0.6% in the second quarter. Carderock Capital Management Inc. now owns 102,333 shares of the company’s stock worth $5,309,000 after buying an additional 657 shares in the last quarter. Finally, Ffcm LLC increased its position in Church & Dwight by 6.4% in the second quarter. Ffcm LLC now owns 7,641 shares of the company’s stock worth $396,000 after buying an additional 459 shares in the last quarter. 82.05% of the stock is owned by institutional investors and hedge funds.

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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Earnings History and Estimates for Church & Dwight (NYSE:CHD)

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