Recent summaries on Church & Dwight (CHD) paint a multifaceted picture of its current standing. On a positive note, CHD sees strong growth, thanks to robust pricing and strong brands. Their Q2 earnings and revenue surpassed expectations, and their overall sales and EPS growth have been impressive. Wealth Enhancement Advisory Services and Assenagon Asset Management increased their holdings, signifying potential investor confidence.
However, reports suggest that CHD's returns have hit a stagnation point, and its share prices have been sliding despite decent fundamentals. High costs have been a concern despite brand strength and robust pricing. Also, some groups such as RFG Advisory and Diversify Advisory Services have lessened their stock holdings.
CHD is hugely owned by institutional shareholders, accounting for 88% of the company. Analysts are setting CHD's price target at $106.88, but some analysts have lowered it to $110.00 and as low as $97.00 mainly due to valuation concerns. The future seems unpredictable with CHD as it faces pressure on its bottom-line resulting in issuance of lower guidance for FY24.
Church Dwight CHD News Analytics from Tue, 16 Jan 2024 08:00:00 GMT to Sun, 18 Aug 2024 14:20:01 GMT - Rating 6 - Innovation 0 - Information 8 - Rumor -3
