Church & Dwight Co. (CHD) was Reiterated by Jefferies to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 116 from a previous price target of $112 . Jefferies advised their investors in a research report released on Aug 5, 2016.
Many Wall Street Analysts have commented on Church & Dwight Co.. Company shares were Reiterated by UBS on Aug 5, 2016 to “Sell”, Firm has raised the Price Target to $ 93 from a previous price target of $88 .Company shares were Reiterated by Deutsche Bank on Aug 5, 2016 to “Buy”, Firm has raised the Price Target to $ 104 from a previous price target of $102 .Church & Dwight Co. was Initiated by Stifel to “Hold” on Jul 12, 2016.
On the company’s financial health, Church & Dwight Co. reported $0.85 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.79. The company had revenue of $877.40 million for the quarter, compared to analysts expectations of $869.53 million. The company’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS.
Church & Dwight Co. opened for trading at $98.42 and hit $101.55 on the upside on Thursday, eventually ending the session at $101.18, with a gain of 3.65% or 3.56 points. The heightened volatility saw the trading volume jump to 9,35,526 shares. Company has a market cap of $12,984 M.
In a different news, on Jun 10, 2016, Louis Tursi (Executive VP, Consumer Sales) sold 63,000 shares at $99.07 per share price. According to the SEC, on Jun 6, 2016, Steven P Cugine (EVP New Products & Pres Int’l) sold 10,000 shares at $98.74 per share price. On Jun 1, 2016, James Craigie (director) sold 50,000 shares at $98.15 per share price, according to the Form-4 filing with the securities and exchange commission.
Church & Dwight Co. Inc. develops manufactures and markets a range of household personal care and specialty products. The Company operates in three segments. The Consumer Domestic segment provides the power brands (ARM & HAMMER TROJAN OXICLEAN SPINBRUSH FIRST RESPONSE NAIR ORAJEL XTRA LIL CRITTERS and VITAFUSION) and other household and personal care products such as SCRUB FREE KABOOM and ORANGE GLO cleaning products ANSWER home pregnancy and ovulation test kits ARRID antiperspirant and CLOSE-UP and AIM toothpastes. The Consumer International segment sells personal care products some of which use the same brands as the Companys domestic product lines in International markets. The Specialty Products Division (SPD) is a producer of sodium bicarbonate which it sells together with other specialty inorganic chemicals for industrial institutional medical and food applications. SPD also sells a range of animal nutrition and specialty cleaning products.