A New Trick Up Its Sleeve: Church & Dwight Co., Inc. (CHD), Norfolk Southern Corporation (NSC)

Church & Dwight Co., Inc. (NYSE:CHD) rose 4.26% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 33.02% and is now up by 1.93% since start of this year. A look at its monthly performance shows that the stock has recorded a 0.68% gain over the past 30 days. Its equity price climbed by 12.81% over the past three months which led to its overall six-month increase to stand at 22.63%.

The shares of Church & Dwight Co., Inc. (CHD) dropped by -3.54% or -$2.46 from its last recorded high of $69.49 which it attained on December 14 to close at $67.03 per share. Over the past 52 weeks, the shares of Church & Dwight Co., Inc. has been trading as low as $44.87 before witnessing a massive surge by 49.39% or $22.16. This price movement has led to the CHD stock receiving more attention and has become one to watch out for. It jumped by 1.84% on Thursday and this got the market excited. The stock’s beta now stands at 0.29 and when compared to its 200-day moving average and its 50-day moving average, CHD price stands 19.28% above and 2.62% above respectively. Its average daily volatility for this week is 2.23% which is less than the 2.72% recorded over the past month.

Experts from research firms are bullish about the near-term performance of Church & Dwight Co., Inc. with most of them predicting a $63.79 price target on a short-term (12 months) basis. The average price target by the analysts will see a -4.83% rise in the stock and would lead to CHD’s market cap to surge to $15.67B. The stock has been rated an average 2.8, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 21 analysts that track Church & Dwight Co., Inc. (NYSE:CHD) and find out that 10 of them rated it as a Hold. 6 of the 11 analysts rated it as a Buy or a Strong Buy while 5 advised investors to desist from buying the stock or sell it if they already possess it.

A look at CHD technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 58.15 point. Its trading volume has lost -419405 shares compared to readings over the past three months as it recently exchanged 1660595 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 2080000 shares, and this is 0.8 times the normal volume.

Analysts have predicted a price target for Norfolk Southern Corporation (NSC) for 1 year and it stands at an average $180.78/share. This means that it would likely increase by 12% from its current position. The current price of the stock has been moving between $156.75 and $161.65. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $116. On the other hand, one analyst is super bullish about the price, setting a target as high as $205.

Analysts view Norfolk Southern Corporation (NYSE:NSC) as a Hold, with 2.3 consensus rating. Reuters surveyed 27 analysts that follow NSC and found that 12 of those analysts rated the stock as a Hold. The remaining 15 were divided, with 14 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Norfolk Southern Corporation (NSC) shares or sell it if they already own it.