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What Analysts Are Suggesting for Church & Dwight Stock


Jun. 21 2019, Updated 3:04 p.m. ET

Most analysts have given CHD “hold” ratings

Most analysts maintain neutral views on Church & Dwight (CHD) stock owing to the company’s high valuation and weakness in its Specialty Products segment. Church & Dwight stock has risen ~48% in the past year. It’s up ~16% so far in 2019.

Analysts expect Church & Dwight’s top and bottom lines to continue to grow at a healthy rate and outperform the top and bottom lines of its peers. Acquisitions and innovations are expected to drive the company’s top line. Meanwhile, higher sales, margin expansion, and share repurchases are expected to support CHD’s bottom line growth.

However, CHD faces tough comparisons, which is expected to restrict its top line growth. Moreover, a higher effective tax rate could limit its bottom line growth.

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Rating and price target

Fourteen among the 21 analysts covering CHD stock have given it “hold” ratings. Meanwhile, five analysts have given it “buy” ratings. Two analysts maintain “sell” ratings on the stock. Analysts have a price target of $72.94 per share on CHD, implying a potential downside of 4.5% based on its closing price of $76.36 on June 20.

Wall Street also maintains “holds” on the stocks of CHD’s peers, including Colgate-Palmolive (CL), the Clorox Company (CLX), Procter & Gamble (PG), and Kimberly-Clark (KMB). Analysts expect the organic sales of these consumer packaged goods manufacturers to gain from higher pricing. Meanwhile, their bottom lines are expected to show gradual improvement. However, margin pressures and low growth expectations are keeping analysts on the sidelines.


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