Church & Dwight (CHD) continues to perform with predictions of exceeding Q2 earnings estimates. The company is set to announce its quarterly earnings this Friday with a strong anticipation of continued growth. Despite experiencing some losses, the stock outperforms its competitors on most trading days. CHD also benefits from strong pricing and brands, which adds to its value. Canada Pension Plan Investment Board reinforces this performance with its holdings in CHD worth $47.12 million. Despite a recent slide in stock prices, the company's fundamentals remain solid, suggesting possible market correction in the future. CHD continues to be a promising pick due to its resilience against the competitive market. However, the stock may have run a little too fast, although continued strong performance is expected for 2023 with substantial sales and EPS growth. CHD is largely controlled by institutional shareholders who own 88% of the company. While the company experiences high costs, it sees gains on brand strength. There are predictions of weaker bottom-line for Q2, with a moderate gross margin expansion. Despite this, CHD continues to perform positively, with growth potential perpetuated by increased investments.
Church Dwight CHD News Analytics from Thu, 07 Sep 2023 07:00:00 GMT to Sun, 28 Jul 2024 22:00:00 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
