NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

Church & Dwight maintains solid financials amid share price and earnings contraction

EditorJake Owen
Published 10/22/2023, 08:50 AM
© Reuters.
CHD
-

Church & Dwight (NYSE:CHD) continues to demonstrate a robust financial position despite an 8.1% dip in its share price over the past 3 months. The company's return on equity (ROE) remains strong at 11%, indicating that each dollar of shareholder investment generates $0.11 in profit, a sign of potential growth.

InvestingPro highlights that Church & Dwight has a high earnings quality, with free cash flow exceeding net income, and its revenue growth has been accelerating. Moreover, the company yields a high return on invested capital and has raised its dividend for 18 consecutive years, as listed among the InvestingPro Tips. This information underlines the company's financial strength and potential for growth. For more such insights, you can explore InvestingPro's offerings here.

The company has experienced a 3.1% contraction in earnings over the past five years, which occurred in spite of the decent ROE. This trend might be attributed to factors such as a high payout ratio or poor capital allocation decisions. The situation highlights how external factors can influence profitability, even when a company's finances and ROE are commendable.

InvestingPro's real-time metrics reveal that Church & Dwight has an adjusted market cap of 22.17B USD and a P/E ratio of 49.36, which is trading at a high earnings multiple, another InvestingPro Tip. Meanwhile, the company's revenue growth for LTM2023.Q2 is 6.32%, and the gross profit margin stands at 42.81%, indicating a healthy financial situation.

The recent events underline the complex dynamics of financial performance and profitability. Church & Dwight's strong ROE, along with the fact that it operates with a moderate level of debt and has liquid assets exceeding short-term obligations, as suggested by InvestingPro Tips, suggests that it maintains a level of resilience amidst these market fluctuations. Future performance will likely depend on how effectively the company navigates these external pressures and optimizes its capital allocation strategies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.