Here's Why Church & Dwight (CHD) is a Strong Growth Stock

Core Viewpoint - The Zacks Style Scores, which include Value, Growth, and Momentum Scores, are designed to help investors identify stocks with the best potential to outperform the market over the next 30 days [1][4]. Group 1: Zacks Style Scores Overview - The Momentum Style Score focuses on capitalizing on price trends and earnings outlook changes, utilizing metrics like one-week price change and monthly earnings estimate percentage change [4]. - Each stock is rated from A to F based on its value, growth, and momentum characteristics, with higher scores indicating a better chance of outperforming the market [11]. - The Value Style Score identifies attractive stocks using financial ratios such as P/E and Price/Sales, while the Growth Style Score assesses future prospects through earnings and sales growth [12][13]. Group 2: Zacks Rank and Performance - The Zacks Rank, which leverages earnings estimate revisions, has shown that 1 (Strong Buy) stocks have produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5]. - Stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B are recommended for better investment outcomes [21]. - A stock with a lower Zacks Rank, even with high Style Scores, may still face downward price pressure due to a negative earnings outlook [17]. Group 3: Company Spotlight - Church & Dwight Co., Inc. (CHD) - Church & Dwight is a leading U.S. producer of sodium bicarbonate and offers a range of household and personal care products [7]. - The company has seen two analysts revise their earnings estimates higher for fiscal 2024, with the Zacks Consensus Estimate now at $3.46 per share, reflecting a 9.6% average earnings surprise [8]. - CHD holds a Zacks Rank of 3 (Hold) and has a Growth Style Score of A, forecasting a year-over-year earnings growth of 9.2% for the current fiscal year [18][23].