Church & Dwight Co., Inc. (CHD) is a household and personal products giant valued at $24.45 billion by market cap. Headquartered in Ewing, New Jersey, CHD specializes in developing and marketing household, personal care, and specialty products. Its well-known brands include ARM & HAMMER, TROJAN, and OXI CLEAN, with a diverse portfolio spanning cleaning solutions, personal care items, and specialty products for various industries.
The stock has underperformed the broader market considerably over the last year. CHD has gained 7.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied more than 28.3%. In 2024 alone, CHD stock gained 5.9%, while the SPX is up 17.6% on a YTD basis.
Zooming in further, CHD's underperformance is evident when compared with the Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL). The exchange-traded fund has gained about 16% over the past year and 8.9% on a YTD basis.
Shares of CHD plunged 1.5% at the close of the Aug. 2 trading session after its Q2 results release. Adjusted EPS of 93 cents per share beat the Wall Street expectations of 84 cents per share. The company’s revenue reached $1.51 billion in the period; matching Street forecasts.
For the current fiscal year, ending in December, analysts expect CHD to report EPS growth of 8.2% to $3.43 on a diluted basis. The company has a history of surpassing consensus EPS estimates in its quarterly earnings reports.
Among the 22 analysts covering CHD stock, the consensus rating is a "Moderate Buy." That's based on eight "Strong Buy" ratings, one “Moderate Buy,” 10 "Holds," and three “Strong Sells.”
The configuration is more bullish than three months ago, with seven analysts suggesting a “Strong Buy.”
On Aug. 5, Wells Fargo analyst Christopher Carey maintained a “Buy” rating on Church & Dwight and set a price target of $108.00, which indicates an upside potential of 6.8% from the current levels.
The mean price target of $105.11 represents a premium of 3.9% to CHD's current price. The Street-high price target of $114 suggests an upside potential of 12.7%.
On the date of publication, Rashmi Kumari did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
