Church & Dwight Co., Inc. (CHD) Shares Plummet Below 1-Year High

The stock of Church & Dwight Co., Inc. (NYSE: CHD) has decreased by -0.09 when compared to last closing price of 107.35.Despite this, the company has seen a gain of 3.92% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-16 that Church & Dwight (CHD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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 35.15x, Company’s 36-month beta value is 0.51.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 13 as “hold,” and 5 as “sell.”

The public float for CHD is 243.44M, and currently, short sellers hold a 2.61% ratio of that floaft. The average trading volume of CHD on April 26, 2024 was 1.29M shares.

CHD’s Market Performance

The stock of Church & Dwight Co., Inc. (CHD) has seen a 3.92% increase in the past week, with a 4.29% rise in the past month, and a 9.36% gain in the past quarter. The volatility ratio for the week is 1.90%, and the volatility levels for the past 30 days are at 1.47% for CHD. The simple moving average for the last 20 days is 3.63% for CHD’s stock, with a simple moving average of 11.36% 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 4.74% 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 -0.29% of loss for the given period.

Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.90%, as shares surge +2.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.57% upper at present.

During the last 5 trading sessions, CHD rose by +3.92%, which changed the moving average for the period of 200-days by +9.66% in comparison to the 20-day moving average, which settled at $103.65. In addition, Church & Dwight Co., Inc. saw 13.42% 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 4.84. 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 a nutshell, Church & Dwight Co., Inc. (CHD) has experienced a better performance in recent times. The stock has received mixed “sell” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts