Mon, Jun. 27, 11:16 AM
- The outperformance of low-P/E stocks that marked H1 is behind us, says RBC's Jonathan Golub, and it's time for the "Stable Growers" to re-asset leadership. He cautions about putting money to work too quickly though, noting the pullback so far has been limited.
- His list of Stable Growers (page 1, page 2): CHD, CL, CVS, K, MO, PEP, PG, PM, BCR, BDX, DGX, DVA, HSIC, JNJ, LH, MDT, SYK, TMO, UNH, ZBH, AFL, AON, MMC, TMK, CTAS, DHR, HON, ITW, LMT, MMM, NLSN, RSG, RTN, UPS, VRSK, WM, XYL, CMCSA, MCD, OMC, ADP, APH, EMC, MA, T, VZ, ECL, PX
Mon, Jun. 13, 1:24 PM
Thu, May 19, 10:48 AM
- Church & Dwight (NYSE:CHD) says it's not engaged in talks with any party over a takeover bid or sale of one its units.
- The company adds that it hasn't even received any communication over a potential bid.
- Investors still seem unconvinced that there isn't something going on. CHD is still up 8.34% on the day after setting an all-time high earlier.
Thu, May 19, 9:18 AM
Thu, May 19, 8:56 AM
- Sterne Agee analyst April Scee says it makes more sense that Reckitt Benckiser (OTCPK:RBGLY, OTCPK:RBGPF) will make an offer for Church & Dwight (NYSE:CHD) than Procter & Gamble (NYSE:PG).
- Though the P&G buyout speculation that drove Church & Dwight to a +20% premarket spike yesterday fizzled, there's still some leftover M&A intrigue around the company due to its strong presence in the U.S.
- CHD +6.73% premarket to $103.51. For its part, Procter & Gamble is down 3% over the last few sessions with more retailers reporting tepid U.S. demand for consumer products.
Wed, May 18, 9:25 AM
- Shares of Church & Dwight (NYSE:CHD) are extremely active in the premarket session amid some talk that Procter & Gamble is interesting in acquiring the company.
- The speculation appears to have been kicked off on a Spanish news site, but is already losing steam rapidly.
- CHD which was up more 25% for a few trades is now +3.57%.
Tue, May 17, 3:02 AM
- The U.S. Supreme Court has backed out of a divisive clash involving religious groups that object to mandatory contraceptive coverage under Obamacare, issuing a compromise that said the two sides might be able to work out their differences.
- With four conservative justices and four liberals, the judges sent the case back to the lower courts, but suggested the government arrange coverage directly with health insurers rather than requiring employers to sign off on it.
- Related tickers: PFE, MRK, JNJ, TEVA, CHD, OTCPK:BAYRY
Thu, May 5, 10:20 AM
- Church & Dwight (CHD +1.7%) reports organic sales rose 5.2% in Q1 driven by volume growth of 5.6%.
- Consumer domestic sales grew 5.4% to $647.8M, comprised of 5.9% growth in household products and 4.6% growth in personal care products.
- Consumer international sales increased 5.8% to $127.4M.
- Specialty products division sales fell 4.6% to $73.8M.
- Gross margin rate improved 80 bps to 44.6%.
- SG&A expense rate increased 90 bps to 12.6%.
- Operating margin rate -10 bps to 21.1%.
- Q2 Guidance: Organic sales growth: ~+2% to +3%; Diluted EPS: $0.79.
- FY2016 Guidance: Organic sales growth: ~+3.0% to 4%; Gross margin rate: ~+75 bps; Market spending: ~12.3% of total sales; Operating margin rate: ~+50 bps; Adjusted EPS: +7.0% to +9.0%.
Thu, May 5, 7:04 AM
Wed, May 4, 5:30 PM
- AAC, AAON, AAWW, ABC, ACIW, ACRE, ACTA, AGIO, AMCX, AMRC, AMRN, ANIP, ANSS, APA, APO, AVP, AXLL, BABA, BCRX, BDX, BR, CBB, CCC, CCOI, CDK, CHD, CHK, CLDT, CNAT, CNNX, CNSL, COT, CVC, CWEI, DDD, DIN, DISCA, DNR, EAC, ENOC, EPAM, ESNT, EVA, FIG, FLDM, G, GCAP, GWPH, HII, HL, HWCC, ICON, IT, ITG, ITT, JEC, JMBA, K, LAMR, LFUS, LINC, LIOX, LMOS, LQDT, LXP, MBLY, MDC, MFC, MGA, MGLN, MGM, MITL, MLM, MMS, MRK, MWW, NICE, NILE, NRG, NTCT, NYLD, OGE, ONE, OXY, PGNX, PGTI, PRFT, PRIM, PWR, RDEN, RDUS, REGN, RFP, RGEN, RLGY, RSTI, RWLK, SBH, SEAS, SFM, SHLX, SNH, SNI, SNR, SNSS, SPH, SQBG, STOR, TDC, TDY, TE, THS, TIME, TLP, TWI, UNT, USAC, USAK, USCR, VER, VG, VLP, WIN, WPC, WRLD
Wed, May 4, 11:52 AM
Mon, Apr. 18, 7:53 AM
- Bank of America Merrill Lynch downgrades Church & Dwight (NYSE:CHD) to an Underperform rating after having the stock set at Neutral. The cut from BAML is related to valuation.
- Shares of Church & Dwight are down 1.47% to $92.53 in premarket trading vs. a 52-week range of $76.85 to $94.95.
- Now read Church & Dwight, A Buffett Pick
Wed, Mar. 23, 3:09 AM
- The U.S. Supreme Court today will consider appeals by Christian groups demanding full exemption on religious grounds from a requirement under the Affordable Care Act to provide health insurance covering contraceptives.
- Arguments on seven related cases will focus on whether nonprofit entities can object to a compromise measure offered by the Obama administration, which allowed groups to comply with the law without actually paying for the required coverage, under the 1993 Religious Freedom Restoration Act.
- Related tickers: PFE, MRK, JNJ, TEVA, CHD, OTCPK:BAYRY
Thu, Mar. 10, 9:54 AM
- RBC Capital lifts its price targets on two consumer staples heavyweights.
- Coca-Cola (KO +0.6%) is assigned a fresh of $51. KO is +4.5% YTD to $44.90. Shares yield 3.11%.
- Reynolds American (RAI +1.4%) earns a PT of $57. RAI is +12.8% YTD to $52.14. Shares yield 3.22%.
- There's been some debate that the run of consumer staples stocks is poised to end, but SA contributor Daryl Montgomery argues the sector is still a safe play on a technical view.
- Earlier this week, Evercore ISI's Rick Ross also came in positive on the sector (CNBC video).
- "You probably can't do much better than owning the staples on this breakout from a multiyear trading range ... against the backdrop of a world where yields are extremely low,"said Ross
- Related stocks: PM, PG, PEP, CL, ADM, KMB, STZ, DPS, SJM, HRL, CHD, TSN, HSY, CPB, [[BF.]], BF.B.
- Related ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC.
Sat, Feb. 27, 10:36 AM
- Investors continue to take refuge in consumer staples stocks in a strategy that tips off defensive positioning and accounts for some positive macroeconomic factors that are underpinning volume growth in the sector.
- Consumer staples stocks trading right at their 52-week high include Campbell Soup (NYSE:CPB), Kimberly-Clark (NYSE:KMB), General Mills (NYSE:GIS), Reynolds American (NYSE:RAI), Altria (NYSE:MO), Philip Morris (NYSE:PM), Church & Dwight (NYSE:CHD), Coca-Cola (NYSE:KO), Tyson Foods (NYSE:TSN), Sanderson Farms (NASDAQ:SAFM), B&G Foods (NYSE:BGS), and Cott Corporation (NYSE:COT).
- Even Procter & Gamble (NYSE:PG) and Wal-Mart (NYSE:WMT), which acted as drags on consumer staples ETFs last year with their heavy weightings, are outperforming the S&P 500 Index this year.
- Some analysts think political year uncertainty and global ZIRP and NIRP question marks could keep demand for staples strong.
- Related ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC
- Analysis: Consumer Staples ETFs Are Looking More Attractive Than Ever (Feb. 16)
- Prediction time: Which consumer staples stock has the most upside in 2016?
Tue, Feb. 2, 7:39 AM
- Church & Dwight (NYSE:CHD) reports organic sales growth of 2.6% in Q4.
- Consumer domestic sales increased 3.1% to $672.3M.
- Consumer international sales decreased 9.8% to $125M primarily due to negative foreign exchange effects.
- Specialty products division sales grew 2.1% to $76.3M, driven by the acquisition of the Vi-COR business.
- Gross margin rate expanded 50 bps to 45.5%.
- SG&A expense rate +10 bps to 12.4%.
- Operating margin rate grew 50 bps to 19.4%.
- Q1 Guidance: Organic sales growth: ~+2% to +3%; Diluted EPS: $0.85.
- FY2016 Guidance: Organic sales growth: ~+3.0%; Gross margin rate: ~+40 bps; Market spending: ~12.3% of total sales; Operating margin rate: ~+50 bps; Adjusted EPS: +7.0% to +9.0%.
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,... More
Sector: Consumer Goods
Industry: Cleaning Products
Country: United States
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