Church & Dwight Co. Inc. (NYSE:CHD) finished Wednesday with an addition of $0.13 to close at $96.18, an upside of 0.13 percent. An average of 1,027,007 shares of common stock have been traded in the last five days. There was a gain of $1.64 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 1,383,212 shares traded, while the 50-day average volume stands at 1,520,751.
CHD stock has decreased by -2.11% in the last month. The company shares reached their 1-month lowest point of $94.38 on 08/04/23. With the stock rallying to its 52-week high on 07/06/23, shares of the company touched a low of $70.16 and a high of $100.52 in 52 weeks. It has reached a new high 27 times so far this year and achieved 19.31% or $16.14 in price. In spite of this, the price is down -4.32% from the 52-week high.
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Insider Transactions
CHD stock investors should be aware that Church & Dwight Co. Inc. (CHD) stock had its last reported insider trading activity 7 days ago on Aug 03. In this transaction, the insider spent $445,666. President and CEO, FARRELL MATTHEW, disposed of 7,006 shares at a price of $97.15 on Aug 02. The insider now owns more than $680,664 worth of shares. Prior to that, EVP, Chief HR Officer Hemsey Rene went on to Sale 7,460 shares at $96.56 each on May 09. An amount of $720,334 was transacted.
Valuation Metrics
Church & Dwight Co. Inc. (CHD) has a trailing price-to-earnings (P/E) ratio of 53.22. The stock’s beta is 0.47. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.22, the price-to-book (PB) ratio at 6.03, and the price-to-cash flow ratio at 38.35.
Financial Health
The quick ratio of Church & Dwight Co. Inc. for the three months ended June 29 was 0.80, and the current ratio was 1.40, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.61 and a total debt to equity ratio of 0.61 for the quarter ending June 29. Church & Dwight Co. Inc.’s EBITDA margin for the year ending June 29 is 15.09%, while its operating margin for the same period stands at 11.40%. Its gross profit as reported stood at $2.25 billion compared to revenue of $5.38 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Church & Dwight Co. Inc.’s return on assets was 5.30%.
Earnings Surprise
For the three-month period that ended June 29, Church & Dwight Co. Inc. had $2.4 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $221.2 million in the quarter, while revenues were grew 15.42%. The analyst consensus anticipated Church & Dwight Co. Inc.’s latest quarter earnings to come in at $0.79 per share, but it turned out to be $0.92, a 16.50% surprise. For the quarter, EBITDA amounted to $349.4 million. Shareholders own equity worth $246.05 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Church & Dwight Co. Inc. (CHD) price momentum. RSI 9-day as of the close on 09 August was 51.99%, suggesting the stock is Neutral, with historical volatility in this time frame at 15.37%.
As of today, CHD’s price is $95.72 +1.72% or $1.64 from its 5-day moving average. CHD is currently trading -1.30% lower than its 20-day SMA and +13.21% higher than its 100-day SMA. However, the stock’s current price level is +5.48% above the SMA50 and +32.18% above the SMA200.
The stochastic %K and %D were 41.39% and 31.31%, respectively, and the average true range (ATR) was 1.41. With the 14-day stochastic at 58.83% and the average true range at 1.42, the RSI (14) stands at 50.21%. The stock has reached 0.26 on the 9-day MACD Oscillator while the 14-day reading was at -0.30.
Analyst Ratings
Citigroup launched coverage on Church & Dwight Co. Inc. (NYSE: CHD) in its analyst report released on February 17, 2023. The firm assigned the stock a Neutral rating. The consensus rating for Church & Dwight Co. Inc. (CHD) among analysts is Hold. According to current brokerage recommendations, 3 brokerage firms advise that investors sell CHD, while 11 suggest investors hold. There are 2 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 others rate it as a “buy”.
What is CHD’s price target for the next 12 months?
Analysts predict a range of price targets between $82.00 and $114.00, with a median target of $97.00. Taking a look at these predictions, the average price target given by analysts for Church & Dwight Co. Inc. (CHD) stock is $98.71.
