Previously, CEO James Craigie has not made any trades with the company before his selling of 250,000 shares on 6/12/2012. Several other insiders have also decreased their positions in the company, although the share amounts are comparatively smaller than the CEO’s trade. Recently, no insiders have increased their positions in the company.
Mr. James R. Craigie, Jim has been the CEO of Church & Dwight Co. Inc. since July 6, 2004. Mr. Craigie has been an interim president of domestic personal care division of Church & Dwight Co. Inc. since March 18, 2005. Additionally, he also served as president of CHD from July 6, 2004 to May 2007. Before his work at Church & Dwight, he served as CEO and president of The Top-Flite Golf Company. He holds an MBA from Harvard University.
Several our our Gurus hold positions in Church and Dwight. Jean-Marie Eveillard owns 2,400 shares as of 03/31/2012, which accounts for less than 0.01% of the $25.09 billion portfolio of First Eagle Investment Management LLC. Mario Gabelli owns 469,160 shares as of 03/31/2012, which accounts for 0.17% of the $13.95 billion portfolio of GAMCO Investors. Ron Baron owns 2,173,221 shares as of 03/31/2012, which accounts for 0.64% of the $16.69 billion portfolio of Baron Funds.
CHD has a predictability rating of 3.5 stars. According to GuruFocus’ discount cash flow calculator, the fair value of the company is valued at $55.87, with a 4% margin of safety based on recent quarterly EPS of $2.30. Revenue growth for the company averages at 9.3% per year for the past 10 years, and an increase of 7.9% within the last 12 months. It should also be noted that the stock price for CHD is also relatively predictable, with no sharp drops and year-end prices steadily increasing. The company traded at around $10 in 2001; now it trades at around $50.
Church and Dwight has about $251 million cash on hand and $250 million in long-term debts. About 50% of its assets are intangible assets. The company previously issued new shares every year, but last year in 2011 broke the pattern and instead bought back $53.1 million worth of shares.