The stock of Church & Dwight Co. Inc. (NYSE:CHD) increased by $0.46 on Friday to finish at $93.30, up 0.50 percent. The last five days have seen an average of 817,820 shares of common stock traded. 27 times new highs were reached in the current year, with a gain of $12.69. The average number of shares traded over the last 20 days was 1,202,200, while the average volume over the last 50 days totaled 1,386,278.
CHD stock dropped -2.76% since last month. On 08/18/23, the company’s shares reached a one-month low of $91.38. The stock touched a high of $100.52 on 07/06/23, after rallying from a low of $70.16 in 52 weeks. The price of CHD stock has risen by 15.74% or $12.69 this year, reaching a new high 27 times. Still, the stock price is down -7.18% 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 14 days ago on Aug 14. On Aug 14, President and CEO FARRELL MATTHEW sold 27,181 shares at $96.03 each. This transaction resulted in the insider making $2,610,325. On Aug 10, Dierker Richard A sold 90,000 shares at a price of US$95.80. After the transaction, the insider now owns 7,544 shares. President and CEO FARRELL MATTHEW had earlier sold 1,280 shares on Aug 10 for $97.07 a share. The transaction was completed for $124,247.
Valuation Metrics
Church & Dwight Co. Inc. (CHD) has a trailing price-to-earnings (P/E) ratio of 51.63. Beta for the stock is 0.48. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 4.05, the price-to-book (PB) ratio of 5.85, and the price-to-cash flow ratio of 25.93.
Company paid $0.2725 per share in dividends, remained unchanged from $0.2725 last year. A $0.01 dividend increase was reported on Friday February 3 2023.
Financial Health
For the three months ended June 29, Church & Dwight Co. Inc.’s quick ratio was 0.80, while its current ratio was 1.40, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.61, and the total debt to equity ratio is 0.61. As far as profitability goes, gross margin for the trailing twelve months is 42.80% percent. Church & Dwight Co. Inc.’s EBITDA margin for the year ended June 29 was 15.09%, whereas its operating margin stood at 11.40% for the same period. Based on annual data, it had gross profit of $2.25 billion and revenue of $5.38 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CHD’s return on assets (ROA) during the last 12 months has been 5.30%. There was a 7.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 12.10%.
Earnings Surprise
According to Church & Dwight Co. Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.45 billion, while revenues rose by 8.88% to $1.43 billion. It was predicted that Church & Dwight Co. Inc.’s quarterly earnings would be $0.92, but it ended up being $0.79, beating the consensus by 16.50%. EBITDA was $349.4 million for the quarter. At the end of Church & Dwight Co. Inc.’s most recent quarter ended June 29, its liabilities totaled 4.6 billion, while its total debt was $2.57 billion. Equity owned by shareholders amounts to $246.05 million.
Technical Picture
Here’s a quick look at Church & Dwight Co. Inc.’s (CHD) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 42.22%, suggesting the stock is Neutral, with a 12.15% historical volatility rate.
The stochastic %K and %D were 25.80% and 22.64% respectively, while the average true range (ATR) was 1.34. Based on the 14-day stochastic reading of 33.10%, the RSI (14) reading is 41.34%. On the 9-day MACD Oscillator, the stock is at -0.11, and the 14-day reading is at -1.06.
Analyst Ratings
In its analyst report released on February 17, 2023, Citigroup began covering Church & Dwight Co. Inc. (NYSE: CHD). The stock was rated as a Neutral by the brokerage firm. Analysts have assigned Church & Dwight Co. Inc. (CHD) an Hold rating. CHD is a stock that is recommended for selling by 3 brokerage firms, while 12 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 5 others recommend it as a buy.
What is CHD’s price target for the next 12 months?
The current consensus forecast for the stock is between $82.00 and $114.00, with a median target price of $100.00. In analyzing these forecasts, the average price target given by analysts for Church & Dwight Co. Inc. (CHD) is $99.50.
