Piper Sandler has recently initiated Church & Dwight Co., Inc. (CHD) stock to Overweight rating, as announced on September 24, 2024, according to Finviz. Earlier, on September 9, 2024, Morgan Stanley had reduced the stock rating, setting a price target of $110. TD Cowen also initiated Buy rating with a price target of $116. Additionally, Exane BNP Paribas initiated Neutral rating on June 24, 2024, with a target price of $114. Goldman analysts, in their report published on March 1, 2024, also resumed Buy rating and set a price target of $110 for Church & Dwight Co., Inc.’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Church & Dwight Co., Inc. (CHD) Stock Trading Recap
On Monday, Church & Dwight Co., Inc. (CHD) stock saw a modest uptick, ending the day at $111.24 which represents a slight increase of $1.11 or 1.01% from the prior close of $110.13. The stock opened at $110.88 and touched a low of $110 during the day, reaching a high of $113.44. The volume of shares traded was 2.07 million exceeding the average volume of 1.52 million.
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CHD Stock Performance and Moving Averages
In recent trading, Church & Dwight Co., Inc. (CHD) stock price has shown some volatility, fluctuating -0.59% over the last five trades and 11.34% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 3.68%, and it has gained 5.65% in the previous three months. Currently, CHD is trading at 2.54%, 6.06%, and 6.87% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, CHD, a Consumer Defensive sector stock, is trading -1.99% below its 52-week high but remains 23.24% above its 52-week low. The Average True Range (ATR) (14 days) of 1.99 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Church & Dwight Co., Inc.’s Profitability and Valuation Ratios
Church & Dwight Co., Inc.’s profitability metrics reveal financial health. The company currently boasts an operating margin of 18.56% and a profit margin of 9.08%, with a gross margin of 3.68%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Church & Dwight Co., Inc.’s market capitalization stands at $27.20 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 49.97, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 29.78. Additionally, the Price-to-Sales Ratio is 4.49, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 6.5, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.18% of Church & Dwight Co., Inc. (CHD)’s shares, while financial institutions hold 89.37%.
Notable insider trades include Longo Joseph James, VP, Controller and CAO at Church & Dwight Co., Inc. (CHD), who sold 7780 shares on Nov 22 ’24, at $112.44 each, totaling $0.87 million. On Nov 21 ’24, DE MAYNADIER PATRICK D, EVP, Gen. Counsel & Secretary, sold 45120 shares for $112.19 each, amounting to $5.06 million. Additionally, on Nov 12 ’24, IRWIN BRADLEY C sold 13200 shares at $107.44 each, generating $1.42 million.
