Analyst Robert Moskow from TD Cowen maintained a Hold rating on Church & Dwight and keeping the price target at $100.00.
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Robert Moskow has given his Hold rating due to a combination of factors affecting Church & Dwight’s performance. The company has shown some improvement in consumption trends, but management remains cautious, projecting lower organic growth for the third quarter compared to market expectations. Despite a better-than-expected second-quarter earnings per share, the company maintained its full-year guidance due to ongoing gross margin pressures from limited pricing power and tariffs.
Management’s conservative outlook is influenced by macroeconomic volatility and the impact of tariffs on consumer sentiment. Additionally, the company’s vitamin business has significantly underperformed, prompting management to consider strategic options such as divestiture or restructuring. These challenges, along with tougher year-over-year comparisons and a steady deceleration in growth rates, contribute to the Hold rating, reflecting a cautious stance on the company’s near-term prospects.
Moskow covers the Consumer Defensive sector, focusing on stocks such as Campbell Soup, Kraft Heinz, and Celsius Holdings. According to TipRanks, Moskow has an average return of 1.7% and a 44.47% success rate on recommended stocks.
In another report released yesterday, Evercore ISI also maintained a Hold rating on the stock with a $101.00 price target.