Summary
CHD has reached a new all-time high, pushing the dividend yield down to only 1.3%.
Much like the 4 quarters before, CHD has beaten analyst expectations for EPS again in Q3.
CHD has grown revenues in the first 9 months of 2018 at a much higher pace than in recent years.
However, as revenue growth was lower than shareprice growth, the p/s ratio has reached a 5-year high.
With valuation metrics at new highs and the dividend yield at a multi-year low, I will be staying on the sidelines, waiting for a better entry point.
Shares in Church & Dwight have reached a new all time high after smashing analyst forecasts for third quarter earnings per share and revenue. At the current price per share, the yield has dropped to only 1.30%, which, as we can see from the graph below, is a multi-year low. Today, I will be taking a look at the company's recent results as well as expected future growth to determine whether or not I should add CHD to my portfolio.
