Church & Dwight Company, Inc. (NYSE:CHD) Releases FY17 Earnings Guidance
Church & Dwight Company, Inc. (NYSE:CHD) issued an update on its FY17 earnings guidance on Monday morning. The company provided EPS guidance of $1.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.93. Church & Dwight Company also updated its FY18 guidance to $2.09 EPS.
Church & Dwight Company, Inc. (NYSE:CHD) opened at 52.62 on Monday. The stock has a market capitalization of $13.12 billion, a P/E ratio of 28.75 and a beta of 0.57. Church & Dwight Company, Inc. has a one year low of $42.56 and a one year high of $54.18. The stock has a 50 day moving average price of $51.93 and a 200-day moving average price of $48.96.
Church & Dwight Company (NYSE:CHD) last released its quarterly earnings data on Thursday, May 4th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.06. Church & Dwight Company had a net margin of 13.56% and a return on equity of 24.11%. The company had revenue of $877.20 million during the quarter, compared to the consensus estimate of $869.06 million. During the same quarter in the prior year, the firm posted $0.43 earnings per share. Church & Dwight Company’s revenue for the quarter was up 3.3% on a year-over-year basis. Analysts anticipate that Church & Dwight Company, Inc. will post $1.93 earnings per share for the current year.
Several brokerages have recently weighed in on CHD. Morgan Stanley downgraded shares of Church & Dwight Company from an equal weight rating to an underweight rating in a research note on Tuesday, May 16th. Zacks Investment Research upgraded shares of Church & Dwight Company from a hold rating to a buy rating and set a $56.00 price objective for the company in a research report on Friday, May 19th. Jefferies Group LLC reaffirmed a buy rating and issued a $60.00 target price (up from $59.00) on shares of Church & Dwight Company in a report on Thursday, July 6th. J P Morgan Chase & Co initiated coverage on shares of Church & Dwight Company in a report on Tuesday, March 21st. They issued a neutral rating and a $53.00 target price for the company. Finally, BidaskClub cut shares of Church & Dwight Company from a buy rating to a hold rating in a research note on Saturday, June 24th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of $50.60.
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Church & Dwight Company 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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