Over the recent period, reported updates of center-stage Church & Dwight Co., Inc. (CHD) display a divergent data set. The CEO Transition is projected to impact the company's strategic direction. While it outperformed competitors despite reported day-to-day losses, it has generally been underperforming the market. Notwithstanding Morgan Stanley's downgrade, CHD posted strong Q2 Earnings and Revenue estimates, progressively overcoming recent hurdles.
Product-wise, hair care category performed well and held expectations for future potential. Notably, Q2 2024 earnings exceeded expectations, with EPS at $0.99. Yet, despite a history of consistent quarterly dividends and a valiant five-year return, share price currently faces a slide.
Institutional ownership at 88% primarily governs the company's shares. There're multiple instances of stock buyings and sellings among various parties, including sovereing bodies. Mackenzie Financial Corp lowered its CHD position, while Susquehanna Fundamental Investments raised it. Another vital shift comes from a leadership transition paving the company's strategic future.
Church Dwight CHD News Analytics from Tue, 14 Nov 2023 08:00:00 GMT to Fri, 04 Oct 2024 21:13:57 GMT - Rating 3 - Innovation -5 - Information 7 - Rumor -8
