Church & Dwight Co., Inc (NYSE: CHD) 52-Week High Located At $113.50, Forget The Dips, Just Ride The Rips

Church & Dwight Co., Inc (NYSE:CHD) does about 1.51M shares in volume on a normal day but saw 1407479 shares change hands in the recent trading day. The company now has a market cap of 25.92B USD. Its current market price is $105.80, marking a decrease of -0.02% compared to the previous close of $105.82. The 52 week high reached by this stock is $113.50 whilst the lowest price level in 52 weeks is $90.69. The script in recent trading has seen the stock touch a high of $120 and a low of $97.

Church & Dwight Co., Inc (CHD) has a 20-day trading average at $108.82 and the current price is -6.78% off the 52-week high compared with 16.66% distance from its 52-week low. The 50-day simple moving average of the closing price is $105.81 and its 200-day simple moving average is $104.50. If we look at the stock’s price movements over the week, volatility stands at 1.89%, which decreases to 1.80% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 42.79 to suggest the stock is neutral.

15 analysts observing the Church & Dwight Co., Inc (CHD) stock have set the 12-month price targets for the company’s shares at between $97 and $120. The consensus objective for the share price is $108.62, suggesting that the stock has a potential upside of 2.6% over the period. The median price target is -0.76% away from the current levels at $105.

FactSet Research has provided data showing that 15 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 8 analysts have rated it as a buy and 6 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on September 24, 2024 when Piper Sandler initiated the stock to “Overweight” and issued a price target of $120. Morgan Stanley downgraded the stock to “Equal-Weight” from Overweight on September 09, 2024 at a price target of $110. TD Cowen initiated its price target at $116.

The current price level is -2.77%, -0.01%, and 1.25% away from its SMA20, SMA50, and SMA200 respectively, with the CHD price moving above the 50-day SMA on current market day. Church & Dwight Co., Inc (CHD) stock is down -1.18% over the week and -2.95% over the past month. Its price is 11.89% year-to-date and 15.63% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0.77 and 3.44 for whole year. Expected sales for next quarter are $1.56B, which analysts say will come at $6.09B for the current fiscal year and next year at $6.32B. In addition, estimates put the company’s current quarterly revenue at an average of $1.57B.

Its 12-month price target is $105. To reach the target analysts have set, the stock logically needs to grow 2.6 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $97, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $120.

Outstanding shares total 244.93M with insiders holding 0.18% of the shares and institutional holders owning 89.80% of the company’s common stock. The company has a return on investment of 8.36% and return on equity of 13.34%. The price to earnings ratio (P/E ratio) amounts to 47.52 while the forward price to earnings ratio is 28.32. The beta has a value of 0.58. Price to book ratio is 6.18 and price to sales ratio is 4.28.