As of Thursday close, Church & Dwight Co. Inc.’s (NYSE:CHD) stock was down -$0.09, moving down -0.09 percent to $95.02. The average number of shares traded per day over the past five days has been 1,211,500 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.58 fall in that time frame. In the last twenty days, the average volume was 1,190,870, while in the previous 50 days, it was 1,243,268.
Since last month, CHD stock rose 2.49%. Shares of the company fell to $91.88 on 08/22/23, the lowest level in the past month. A 52-week high of $100.52 was reached on 07/06/23 after having rallying from a 52-week low of $70.16. Since the beginning of this year, CHD’s stock price has risen by 17.88% or $14.41, and marked a new high 27 times. However, the stock has declined by -5.47% since its 52-week high.
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CHD stock investors should be aware that Church & Dwight Co. Inc. (CHD) stock had its last reported insider trading activity 23 days ago on Aug 30. FARRELL MATTHEW, the President and CEO of the company, disposed of 132,881 shares for $96.00 on Aug 30. It resulted in a $12,756,576 divestment by the insider. FARRELL MATTHEW sold 27,181 shares at an average price of $96.03 on Aug 14. The insider now owns 112,444 shares following the transaction. On Aug 10, EVP, CFO & Head of Business Op Dierker Richard A sold 90,000 shares at $95.80 apiece. The transaction was valued at $8,622,369.
Valuation Metrics
Right now, Church & Dwight Co. Inc. (CHD) has a P/E ratio of about 52.58. The stock’s beta is 0.47. Besides these, the trailing price-to-sales (P/S) ratio of 4.16, the price-to-book (PB) ratio of 5.95, and the price-to-cash flow ratio of 26.65 may also be considered.
The latest dividend of $0.2725 per share was paid out, remained unchanged from last year’s $0.2725. On Friday February 3 2023, a $0.01 dividend increase was announced.
Financial Health
In the three months ended June 29, Church & Dwight Co. Inc.’s quick ratio stood at 0.80, while its current ratio was 1.40, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.61, and the total debt-to-equity ratio was 0.61. On the profitability front, the trailing twelve-month gross margin is 42.80% percent. In the year ended June 29, EBITDA margin amounted to 15.09%, whereas operating margins totaled 11.40%. Based on annual data, CHD earned $2.25 billion in gross profit and brought in $5.38 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.90%. Return on equity (ROE) for the past 12 months was 12.10%.
In Church & Dwight Co. Inc.’s quarter-end financial report for June 29, it reported total debt of $2.4 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CHD’s revenue rose 8.88% to $1.43 billion during the quarter, while net income inched up to $1.45 billion. While analysts expected Church & Dwight Co. Inc. to report $0.79 quarterly earnings, the actual figure was $0.92 per share, beating the consensus estimate by 16.50%. During the quarter, the company generated $349.4 million in EBITDA. The liabilities of Church & Dwight Co. Inc. were 4.6 billion at the end of its most recent quarter ended June 29, and its total debt was $2.57 billion. The value of shareholders’ equity is $246.05 million.
Technical Picture
This quick technical analysis looks at Church & Dwight Co. Inc.’s (CHD) price momentum. With a historical volatility rate of 7.62%, the RSI 9-day stood at 47.82% on 21 September.
With respect to its five-day moving average, the current Church & Dwight Co. Inc. price is down by -0.61% percent or -$0.58. At present, CHD shares trade +2.74% above its 20-day simple moving average and -2.16% percent below its 100-day simple moving average. However, the stock is currently trading approximately -3.29% below its SMA50 and +14.39% above its SMA200.
Stochastic coefficient K was 31.47% and Stochastic coefficient D was 33.16%, while ATR was 1.27. Given the Stochastic reading of 32.35% for the 14-day period, the RSI (14) reading has been calculated as 48.61%. As of today, the MACD Oscillator reading stands at -0.37, while the 14-day reading stands at -0.44.
Analyst Ratings
Truist upgraded its rating on Church & Dwight Co. Inc. (NYSE: CHD) to a Buy in a note to investors on August 28, 2023. The analysts firm previously had a Hold rating on the stock.Church & Dwight Co. Inc. (CHD) has been rated Hold by analysts. According to 3 brokerage firms, CHD is a sell, and 11 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Church & Dwight Co. Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $104.50, the current consensus forecast for the stock is $82.00 – $114.00. Based on these forecasts, analysts predict Church & Dwight Co. Inc. (CHD) will achieve an average price target of $100.09.