|Bid||47.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||58.95 - 59.65|
|52 Week Range||43.21 - 60.39|
|PE Ratio (TTM)||18.17|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.87 (1.47%)|
|1y Target Est||56.05|
Shares of Church & Dwight (CHD) are up 18.7% on a YTD (year-to-date) basis as of September 14, reflecting double-digit growth in the company’s top line over the past four quarters. Church & Dwight has outperformed industry giants like Procter & Gamble (PG) and Kimberly-Clark (KMB) with its stellar sales growth rate.
Church & Dwight (CHD) is trading at a significant premium to its peer group average, reflecting the company’s outperformance on both the sales and earnings fronts over the past several quarters. However, given the recent uptrend in the stock and projected deceleration in the sales and earnings growth rate in fiscal 2019, the shares look fully priced. Church & Dwight stock trades at 26.1x and 24.3x its projected EPS of $2.28 and $2.45 in fiscal 2018 and fiscal 2019, respectively. The company’s high valuation could restrict the upside.
Consumer packaged goods (or CPG) manufacturers haven’t had much to celebrate so far this year. Lower pricing amid intense competition in the value segment, a tough retail environment, and significant cost headwinds weighed on these companies’ financials and, in turn, their stock prices. Plus, macroeconomic challenges across several markets remained a drag.
The size of Church & Dwight Co Inc (NYSE:CHD), a US$13.79b large-cap, often attracts investors seeking a reliable investment in the stock market. Doing business globally, large caps tend toRead More...
I recently saw an article headline stating that Microsoft (NASDAQ:MSFT) was cheaper than Church & Dwight (NYSE:CHD), the sleepy consumer staples company that makes Arm & Hammer baking soda, Oxi-Clean stain remover and Trojan condoms.
The company has outpaced the industry in the past three months, gaining from its focus on buyouts, robust international business and innovations.
Church & Dwight’s (CHD) bottom line is growing at a rapid rate. In the first quarter of 2018, its adjusted earnings marked a 21.2% increase. Its second-quarter EPS grew 19.5%. Its strong sales and a significant decline in the tax rate have been driving its earnings higher.
Church & Dwight (CHD) registered impressive sales growth in the past several quarters. The company’s top line has grown at a double-digit rate in the past four quarters, reflecting strong organic volumes and benefits from acquisitions. However, similar to its peers, pricing remained low and adversely impacted the top-line growth rate.
Looking at the sector performance YTD (year-to-date), the consumer discretionary sector has performed better than the consumer staples sector and the S&P 500 Index. The S&P 500 Consumer Discretionary Index (14.2%) has outperformed the S&P 500 Index (5.9%) and the S&P 500 Consumer Staples Index (loss of 7.0%) on a YTD basis.
Can you guess the number of stocks hitting all-time highs? Not many, according to Michael Brush, a New York-based financial writer, whose Aug. 3 article in MarketWatch suggests a correction might be just around the quarter. “Even as the Nasdaq hit new highs in late July, only around half of Nasdaq stocks traded above their 200-day moving averages,” Brush wrote August 3.
Clorox (CLX) reported net sales of $1.7 billion, which fell short of analysts’ expectation. However, the net sales increased 2.7% YoY (year-over-year), which reflects benefits from its Nutranext acquisition, improved volumes, and higher pricing. The devaluation of the Argentine peso, the divestiture of the Aplicare business, and an unfavorable mix remained a drag.
Consumer staples have been hit hard in 2018, although earnings reports are giving the sector a bump on Thursday. Is relief for consumer staples finally in sight? The Consumer Staples Select Sector SPDR ETF (XLP) is trading up on Thursday afternoon, following a trio of upbeat earnings reports from Clorox (CLX), Church & Dwight (CHD), and Kellogg (K).
Church & Dwight (CHD) reported its second-quarter results today, posting stellar sales and EPS growth and exceeding analysts’ estimates. A key highlight of its second quarter was its impressive organic sales growth.
Church & Dwight (CHD) delivered earnings and revenue surprises of 4.26% and 2.36%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?