Oppenheimer Assigned a Hold Rating to Church & Dwight

By Jason Carr

In a report released today, Rupesh Parikh from Oppenheimer assigned a Hold rating to Church & Dwight (NYSE: CHD), with a price target of $50. The company’s shares opened today at $45.

According to TipRanks.com, Parikh is a top 100 analyst with an average return of 17.1% and a 59.2% success rate. Parikh covers the Services sector, focusing on stocks such as United Natural Foods, Life Time Fitness, and Natural Grocers.

Church & Dwight has an analyst consensus of Hold, with a price target consensus of $80.75.

Church & Dwight’s market cap is currently $12.16B and has a P/E ratio of 27.55. The company has a book value ratio of 6.0429.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. Most recently, in September 2016, Paul A. Siracusa, the Executive V.P., Global R&D of CHD sold 3,293 shares for a total of $164,749.

Church & Dwight Co., Inc. develops, manufactures and markets a range of household, personal care and specialty products. It sells consumer products under a variety of brands through a broad distribution platform that includes supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, dollar, pet and other specialty stores and websites all of which sell the products to consumers. The company focuses its marketing efforts on its eight power brands, which includes ARM & HAMMER, TROJAN Condoms, XTRA laundry detergent, OXICLEAN pre-wash laundry additive, NAIR depilatories, FIRST RESPONSE home pregnancy and ovulation test kits, ORAJEL oral analgesics and SPINBRUSH battery-operated toothbrushes. It operates through three business segments: Consumer Domestic, Consumer International and Specialty Products. The Consumer Domestic segment includes the eight power brands and other household and personal care products such as SCRUB FREE, KABOOM and ORANGE GLO cleaning products, ANSWER home pregnancy and ovulation test kits, ARRID antiperspirant, CLOSE-UP and AIM toothpastes. The Consumer International segment primarily sells a variety of personal care products, some of which use the same brands as its domestic product lines in international markets. The Specialty Products segment produces sodium bicarbonate, which it sells together with other specialty inorganic chemicals for a variety of industrial, institutional, medical and food applications in U.S. Church & Dwight was founded by Dwight John and Austin Church in 1846 and is headquartered in Ewing, NJ.