Church & Dwight Co., Inc. (NYSE:CHD) Short Interest Up 13.3% in April
of 14.0% from the March 31st total of 3,520,000 shares. Based on an average daily volume of 2,200,000 shares, the days-to-cover ratio is presently 1.8 days. The company has a market cap of $10.02 billion, a price-to-earnings ratio of 25.79 and a beta of 0.75. There was a 14% increase in the numb
( ) saw a significant increase in short interest during April. On April 15th there were 4,010,000 short shares, a 13.3% increase from the total of 3,540,000 on March 31st. Around 1.7% of a company's shares are short-sold. The days-tocover ratio, based on an average trading volume 1,330,000 shares is 3.0 days.
Changes in Analyst Ratings
CHD was the subject of a number of recent research reports. Oppenheimer reaffirmed a 'outperform rating' and issued a $93.00 price target for shares of Church & Dwight on Tuesday, February 7. Atlantic Securities upgraded Church & Dwight shares from an underweight' to a neutral' ratings and set a price target of $80.00 for the company on Monday, 6th February. TheStreet upgraded Church & Dwight's rating from a c to a b in a research report on Thursday. Credit Suisse Group upgraded Church & Dwight's rating from a neutral' to outperform' and raised their target price from $85.00 up to $95.00 on Tuesday, January 17, in a report. Wells Fargo & Company raised their price target for shares of Church & Dwight in a research report on Tuesday, Jan. 3rd from $82.00 up to $90.00. They also gave the stock a 'overweight rating'. Three analysts have given the stock a sell recommendation, ten others have assigned a hold recommendation and six have given the stock a buy recommendation. Church & Dwight EVP Paul Richard Wood has sold 48,262 Church & Dwight shares in a deal on March 8th. The shares were sold for an average price $83.37 and a total of $4,023,602.94. After the transaction, the executive director now owns 120 shares worth $1004.40. Paul Richard Wood, the EVP of the company, sold 48,262 stock shares in a deal on March 8th. The shares were sold for an average of $83.37 and a total of $4,023,602.94. After the sale, the executive director now owns 120 shares worth $1004.40. In a transaction on February 28th, 17,544 Church & Dwight shares were sold. The shares were purchased at an average of $83.90 for a total of $1,471,941.60. The director now holds 24,311 shares worth $2,039 692.90. In the past 90 days, insiders have sold 363,703 company shares worth $34,146.233. Insiders own 2.00% of this stock.
Church & Dwight: Institutional investors weigh in
Several large investors recently bought and then sold shares of CHD. Householder Group Estate & Retirement Specialist LLC purchased a stake in Church & Dwight shares during the first quarter valued at $29,000. Old North State Trust LLC purchased a new stake in Church & Dwight shares during the third quarter, valued at approximately $30,000. Guardian Wealth Advisors LLC purchased a new Church & Dwight position during the third quarter valued at $34,000. ST Germain D J Co. Inc. purchased a new Church & Dwight position during the fourth quarter, valued at approximately $38,000. Delta Asset Management LLC TN also acquired a position in Church & Dwight shares in the fourth-quarter valued at about $40,000. Institutional investors currently own 80.86% the shares.
Church & Dwight Stock Rises 0.4 %
During Tuesday's midday trading, the stock rose $0.36 to $97.02. Stocks of the company traded at 1,834,362 versus its average of 1,376,465. Market capitalization is $23,68 billion. The company has a P/E of 58.10 and a PEG of 4.16. Its beta is 0.46. Church & Dwight's 1-year low is $70.16 while its 1-year high is $99.56. The company's quick ratio is 0.63, its current ratio is 1.18, and it has a debt to equity ratio of 0.65. The stock's 50-day moving average is $87.77, and its 200-day moving average is $82.44.
The company announced its latest quarterly results on April 27th. The company's $0.85 per share earnings for the first quarter surpassed the consensus estimate by $0.09 Church & Dwight's net margin was 7.49%, and its return on equity was 20.49 percent. The company's revenue for the quarter was $1.43 billion, which is higher than analyst expectations of $1.35 million. In the same quarter of the previous year, the company posted $0.83 in earnings per share. Church & Dwight grew its quarterly revenue by 10.2% year-over-year. Sell-side analysts predict that Church & Dwight's earnings per share will be 3.09 for the current fiscal year.
Church & Dwight Dividend Announcement
Recently, the company announced a quarterly distribution that will be paid out on June 1st. Dividends will be paid to shareholders who were in the record books on Monday, 15th May. The dividend per share is $0.2725. The Friday, May 12, is the ex-dividend day. This is a yielding 1.12% and an annualized dividend of $1.09. Church & Dwight has a dividend payout ratio of 65.27%.
Church & Dwight
Get Rating
)
Church & Dwight Co, Inc is engaged in the manufacture, development, and marketing household, personal care, specialty, and other products. It is divided into four segments: Consumer Domestic (domestic), Consumer International (international), Specialty Products and Corporate. Consumer Domestic offers household products such as laundry detergents and fabric softener sheets. It also sells personal care products like antiperspirants and oral care products.
MarketBeat.com offers a FREE daily email newsletter
.