73.01 +0.01 (0.01%)
After hours: 5:41PM EDT
|Bid||73.01 x 1500|
|Ask||73.14 x 400|
|Day's Range||72.76 - 73.98|
|52 Week Range||72.76 - 94.67|
|PE Ratio (TTM)||19.47|
|Earnings Date||Apr 24, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||2.87 (3.65%)|
|1y Target Est||90.65|
Most analysts covering Church & Dwight (CHD) stock have recommended “hold,” despite the company’s strong sales and earnings performance in the past two quarters and upbeat guidance. Church & Dwight’s sales and adjusted earnings grew by double digits during the last reported quarter, and they are expected to sustain that momentum in 1Q18.
Analysts expect Church & Dwight (CHD) to report strong sales and earnings growth in the upcoming quarter. Church & Dwight is expected to announce its 1Q18 results on May 3, 2018, and analysts expect the company’s top line to rise 11.5% YoY (year-over-year), more than peers’.
Church & Dwight (CHD) stock fell ~6% on Friday, April 20, 2018, after being downgraded by Deutsche Bank to “hold” from “buy.” Its price target was lowered to $50 per share from $56. Investors are skeptical on the prospects of household and personal care product manufacturers, which are facing increased price competition, a challenging retail scenario, and margin headwinds.
The maker of Pampers diapers and Gillette razors said the deal would help it expand its portfolio of consumer healthcare products which includes Vicks cold relief. The Merck unit includes vitamin brands Femibion and Neurobion. The deal follows GlaxoSmithKline agreeing to buy Novartis out of their consumer healthcare joint venture for $13 billion after dropping its pursuit of Pfizer's consumer unit.
In this updated daily bar chart of PG, below, we can see that the bears are still in control of PG. Prices are still in a downtrend with bearish slopes for the 50-day and the 200-day moving averages. The volume of shares traded increased from late January and the daily On-Balance-Volume (OBV) has been trending lower telling us that sellers of PG have been more aggressive.
Based on the insight from the Always #LikeAGirl campaign that half of girls lose confidence at pubertyi, Always is partnering with retailers to encourage girls to pursue their goals and build their confidence.
WHAT: The Tide Loads of Hope Mobile Laundry Unit has been deployed to support relief and recovery efforts in the wake of the recent tornado. The Tide Loads of Hope mobile laundry vehicle will begin services in Greensboro, North Carolina starting on Sunday, April 22nd providing free full-service laundry to residents affected by the severe weather. P&G is working closely in partnership with Matthew 25: Ministries to provide P&G product donations by going in to the neighborhoods of affected residents in the Greensboro area.
Procter & Gamble (PG) continued to report sluggish margins in fiscal 3Q18. The company’s core gross margin fell 110 basis points to 49.4% in fiscal 3Q18 as lower pricing to drive volumes and increased cost pressure more than offset the benefits stemming from cost and productivity savings.
Lower pricing adversely impacted Procter & Gamble’s (PG) sales across product segments amid increased competitive activity. However, favorable currency rates and improved volumes drove top-line growth.
The Consumer Staples Select Sector SPDR ETF (XLP)—a basket of 34 companies in the sector—lost almost 3% Thursday, largely caused by the 16% drop in tobacco giant Philip Morris (PM), after its cigarette shipments fell more than expected and its heated-tobacco product—an area with high expectations for rapid growth—was experiencing headwinds in key market Japan. The company cited higher commodities and transportation costs as the cause of narrower margins, and admitted sales growth "has been challenging in a very difficult market environment." These three companies collectively comprise approximately 25% of the consumer-staples sector, which helps explain why the Consumer Staples ETF dropped 4.1% last week. It's no secret that Amazon.com (AMZN) and Walmart (WMT) have essentially made the retail space an oligopoly, says Mike O’Rourke, chief market strategist of JonesTrading.
Procter & Gamble (PG) reported net sales of $16.3 billion, a rise of 4.3% YoY (year-over-year), which exceeded analysts’ expectations. As expected, Procter & Gamble’s top line benefitted from improved volumes and favorable currency rates. Also, the improved mix contributed 1% to the net sales growth rate.
Procter & Gamble (PG) reported adjusted earnings of $1.00 per share in fiscal 3Q18, which came in ahead of analysts’ estimate of $0.98 and increased 4.2% YoY (year-over-year). Moreover, Procter & Gamble has now surpassed analysts’ earnings expectations in the past 12 quarters. However, what didn’t sit well with investors was the company’s low EPS growth rate, especially given the benefits from favorable currency rates, the low tax rate environment, and strong productivity savings.
Shares of Procter & Gamble (PG) are tumbling Friday, a day after it reported lackluster organic sales growth guidance, which overshadowed slightly better than expected third-quarter earnings. Argus’ John Staszak downgraded the shares to Hold from Buy, writing that the company’s growth has not increased to the level he expected despite divestitures. Deutsche Bank's Stephen Powers downgraded P&G to Hold from Buy and lowered his price target to $80 from $88.
Goldman Sachs reported first-quarter results that handily beat on both the top and bottom lines, but its stock fell 1.6 percent after the financial report. Consumer giant Procter & Gamble may have faced a similar issue after it reported strong revenues on Thursday. "It's not the earnings beat, look at the revisions, it's the direction of the estimates that move prices," Nick Raich of The Earnings Scout said.
Companies have been crushing earnings so far this quarter, but a strange trend is developing: Those that beat expectations are seeing their stock price fall.
Better-than-expected results and a big-ticket acquisition could not save Procter & Gamble stock. Time to stave off from staples ETFs?
Procter & Gamble (PG) reported weak sales and earnings growth in fiscal 3Q18 (period ended March 31, 2018) on April 19, 2018. The company’s stock fell 4.2% after the release and closed at $74.95. Procter & Gamble’s soft organic sales and tepid margin performance sent the stocks of other major CPG (consumer packaged goods) companies down as investors fear that price competition, business reinvestment needs, and inflation in commodities and transportation costs are likely to dent the financials of these companies.
Procter & Gamble Co. has launched an advertising campaign featuring TV and movie star Priyanka Chopra, and the brand ambassador for Pantene shampoo suggests people think twice about making harsh social media posts.
Procter & Gamble Co. began notifying brand teams this week that they can resume advertising on YouTube, the video-sharing website that’s a subsidiary of Google.
Procter & Gamble Co will acquire the consumer health business of Merck for about 3.4 billion euros ($4.2 billion), giving it vitamin brands such as Seven Seas and greater exposure to Latin American and Asian markets. As Sonia Legg reports, the deal was announced shortly before P&G reported better than expected quarterly results.
Friday, April 20: Trump is angry at OPEC over oil prices; P&G brands return to advertising with YouTube after a year off; Lance Armstrong settles fraud lawsuit with government for $5 million. Yahoo Finance’s Dan Roberts dives in.