News articles about Church & Dwight (NYSE:CHD) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Church & Dwight earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.1494827664221 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Optimistic Trending Companies: Palo Alto Networks, Inc. (PANW), Church & Dwight Co., Inc. (CHD) – Market Movers (financialqz.com)
- Analyzing Impact of News on Stocks: Church & Dwight Co., Inc. (NYSE:CHD), Ralph Lauren Corporation (NYSE:RL) – Investing News Update (investingbizz.com)
- Hot Stock under Review: Church & Dwight Co Inc (NYSE: CHD) – Alpha Beta Stock (alphabetastock.com)
- Examining Fresh Signals: Church & Dwight Co., Inc. (CHD), NetApp, Inc. (NTAP) – Market Movers (financialqz.com)
- Making Way towards North with Profitability Booster: Church & Dwight Co., Inc. (NYSE:CHD), Pier 1 Imports, Inc … – Investing News Update (investingbizz.com)
CHD has been the topic of several recent analyst reports. KeyCorp reaffirmed a “hold” rating on shares of Church & Dwight in a research report on Friday, August 25th. Societe Generale upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research report on Wednesday, November 29th. They noted that the move was a valuation call. BidaskClub cut Church & Dwight from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Oppenheimer restated a “hold” rating on shares of Church & Dwight in a research report on Wednesday, November 8th. Finally, Zacks Investment Research cut Church & Dwight from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. Church & Dwight presently has a consensus rating of “Hold” and a consensus price target of $49.83.
Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Church & Dwight had a return on equity of 24.82% and a net margin of 12.32%. The business had revenue of $967.90 million for the quarter, compared to analysts’ expectations of $937.20 million. During the same period in the previous year, the business posted $0.47 earnings per share. Church & Dwight’s quarterly revenue was up 11.2% on a year-over-year basis. analysts anticipate that Church & Dwight will post 1.92 earnings per share for the current year.
Church & Dwight announced that its Board of Directors has authorized a share repurchase plan on Thursday, November 2nd that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.
The business also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend was Tuesday, November 14th. Church & Dwight’s dividend payout ratio (DPR) is 43.68%.
In related news, CFO Richard A. Dierker purchased 1,146 shares of the stock in a transaction on Tuesday, November 7th. The shares were purchased at an average cost of $43.66 per share, for a total transaction of $50,034.36. Following the completion of the transaction, the chief financial officer now directly owns 6,411 shares of the company’s stock, valued at approximately $279,904.26. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew Farrell purchased 5,000 shares of the stock in a transaction on Monday, November 6th. The stock was bought at an average price of $43.83 per share, for a total transaction of $219,150.00. Following the completion of the transaction, the chief executive officer now directly owns 103,685 shares of the company’s stock, valued at $4,544,513.55. The disclosure for this purchase can be found here. Insiders acquired 6,546 shares of company stock worth $288,772 over the last quarter. Company insiders own 2.00% of the company’s stock.
Church & Dwight Company Profile
Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.
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