Church & Dwight (NYSE:CHD) Price Target Lowered to $106.00 at JPMorgan Chase & Co.

Church & Dwight (NYSE:CHD) had its price objective cut by equities researchers at JPMorgan Chase & Co. from $107.00 to $106.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 2.85% from the company’s current price.

Other analysts have also issued reports about the company. Wells Fargo & Company boosted their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Piper Sandler cut their price target on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Truist Financial increased their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Stifel Nicolaus increased their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $111.47.

Church & Dwight Stock Down 1.3 %

Shares of CHD stock traded down $1.37 on Friday, hitting $103.06. The stock had a trading volume of 227,061 shares, compared to its average volume of 1,519,637. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The business has a 50 day moving average of $105.36 and a 200 day moving average of $104.66. Church & Dwight has a 12-month low of $96.35 and a 12-month high of $113.50. The stock has a market cap of $25.35 billion, a price-to-earnings ratio of 43.49, a price-to-earnings-growth ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period last year, the business posted $0.65 earnings per share. As a group, analysts expect that Church & Dwight will post 3.7 EPS for the current year.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total value of $4,426,240.00. Following the transaction, the executive vice president now owns 4,973 shares of the company’s stock, valued at approximately $556,976. This represents a 88.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were acquired at an average cost of $106.82 per share, with a total value of $117,502.00. Following the purchase, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 49,522 shares of company stock valued at $5,487,555 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. YANKCOM Partnership purchased a new position in Church & Dwight in the 4th quarter worth approximately $25,000. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new position in Church & Dwight in the third quarter worth $28,000. Versant Capital Management Inc increased its stake in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares during the last quarter. Finally, Bernard Wealth Management Corp. purchased a new stake in Church & Dwight during the fourth quarter valued at about $40,000. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.