Church & Dwight Co., Inc. (CHD) Shares Decline Despite Market Challenges

Church & Dwight Co., Inc. (NYSE: CHD)’s stock price has decreased by -1.41 compared to its previous closing price of 104.64. However, the company has seen a 0.31% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-26 that RH’s fiscal Q4 results are likely to reflect high mortgage rates, a soft luxury housing market and clearance pressure.

Is It Worth Investing in Church & Dwight Co., Inc. (NYSE: CHD) Right Now?

The price-to-earnings ratio for Church & Dwight Co., Inc. (NYSE: CHD) is above average at 33.81x. The 36-month beta value for CHD is also noteworthy at 0.52. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 13 rating it as “hold,” and 5 rating it as “sell.”

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The public float for CHD is 243.31M, and at present, short sellers hold a 2.84% of that float. The average trading volume of CHD on April 04, 2024 was 1.30M shares.

CHD’s Market Performance

CHD’s stock has seen a 0.31% increase for the week, with a 2.20% rise in the past month and a 9.08% gain in the past quarter. The volatility ratio for the week is 1.34%, and the volatility levels for the past 30 days are at 1.48% for Church & Dwight Co., Inc. The simple moving average for the last 20 days is -0.79% for CHD stock, with a simple moving average of 7.57% for the last 200 days.

Analysts’ Opinion of CHD

Many brokerage firms have already submitted their reports for CHD stocks, with Goldman repeating the rating for CHD by listing it as a “Buy.” The predicted price for CHD in the upcoming period, according to Goldman is $110 based on the research report published on March 01, 2024 of the current year 2024.

Argus, on the other hand, stated in their research note that they expect to see CHD reach a price target of $115. The rating they have provided for CHD stocks is “Buy” according to the report published on February 23rd, 2024.

BofA Securities gave a rating of “Neutral” to CHD, setting the target price at $100 in the report published on December 15th of the previous year.

CHD Trading at 1.95% from the 50-Day Moving Average

After a stumble in the market that brought CHD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.38% of loss for the given period.

Volatility was left at 1.48%, however, over the last 30 days, the volatility rate increased by 1.34%, as shares surge +1.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.68% upper at present.

During the last 5 trading sessions, CHD rose by +0.31%, which changed the moving average for the period of 200-days by +7.64% in comparison to the 20-day moving average, which settled at $104.05. In addition, Church & Dwight Co., Inc. saw 9.09% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CHD starting from Bruno Barry A., who sale 9,926 shares at the price of $104.55 back on Mar 13 ’24. After this action, Bruno Barry A. now owns 4,319 shares of Church & Dwight Co., Inc., valued at $1,037,805 using the latest closing price.

FARRELL MATTHEW, the President and CEO of Church & Dwight Co., Inc., sale 275,000 shares at $103.83 during a trade that took place back on Mar 11 ’24, which means that FARRELL MATTHEW is holding 112,719 shares at $28,552,535 based on the most recent closing price.

Stock Fundamentals for CHD

Current profitability levels for the company are sitting at:

  • 0.18 for the present operating margin
  • 0.44 for the gross margin

The net margin for Church & Dwight Co., Inc. stands at 0.13. The total capital return value is set at 0.15. Equity return is now at value 20.57, with 8.93 for asset returns.

Based on Church & Dwight Co., Inc. (CHD), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is 18.72.

Currently, EBITDA for the company is 1.25 billion with net debt to EBITDA at 1.77. When we switch over and look at the enterprise to sales, we see a ratio of 4.67. The receivables turnover for the company is 11.14for trailing twelve months and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.

Conclusion

In summary, Church & Dwight Co., Inc. (CHD) has had a better performance as of late. Analysts have bearish opinions on the stock, with some viewing it as a “sell” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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