Church & Dwight Co., Inc.(CHD) has experienced a series of significant movements lately, both within the organization and in its market performance. This includes the sale of company shares by directors Robert Shearer and Penry Price. Conversely,
Merrit Financial Group, LLC and
Van ECK Associates Corp increased the stakes by buying shares. On the trading front, CHD's stock has shown some inconsistency, underperforming against competitors on certain days while outperforming on others.
The company's expectation-beating Q1 results, boosted by positive
organic sales growth, were noteworthy. CHD's strong
2023 results point to notable sales and EPS growth. Meanwhile, CHD's Q4 earnings also surprised positively, and the company's sales metrics in particular beat estimates. This included both Q3 and Q4 and was backed up by analysts' upgrades, with price targets revised upwards.
Further solidifying its position, the company has declared its 493rd regular quarterly dividend. However, there seems to be predicted weaknesses in their bottom-line for the second quarter alongside moderate Gross Margin Expansion.
Corporate institutional shareholders hold a significant 85%-89% stake in the company, implying high stakes faith in its business performance.
Church Dwight CHD News Analytics from Fri, 28 Jul 2023 07:00:00 GMT to Sun, 12 May 2024 01:13:35 GMT -
Rating 5
- Innovation -5
- Information 6
- Rumor -3
