In the consumer goods market,
Church & Dwight Co., Inc.(NYSE:CHD) is encountering various dynamics. The company's
Q3 earnings are expected to decline, the stock has been underperforming compared to some competitors.
Sells of 6,555 shares by Dumont & Blake Investment Advisors LLC and
positively, Eastern Bank's purchase of 8,663 shares were notable events.
CEO transition within the company also featured prominently.
Robust pricing and brand strength affirms CHD's ability to overcome recent challenges according to some insights. Analysts believe fundamentals could be driving the stock's decent run, while others speculate that the market could correct CHD's share price in the future. Significant institutional shareholding (88%) has been reported, and Q2 2024 earnings results were in line with expectations. Concerted investments by various entities illustrate sustained interest in the company. However, uncertainty persists over whether FY24 guidance can be met. Despite lowering sales forecasts amid consumer caution, CHD returns have been noted at 45% over the past five years. A
voluntary recall of select vitamins due to a manufacturing issue has been announced.
Church Dwight CHD News Analytics from Tue, 20 Apr 2021 07:00:00 GMT to Sat, 26 Oct 2024 10:16:43 GMT -
Rating -4
- Innovation 2
- Information 5
- Rumor -3
