Will Valuation Stall the Rally in Church & Dwight Stock?

Shares of Church & Dwight (CHD) have outperformed the benchmark index as well as its peers so far this year. Church & Dwight has managed to generate stellar sales and earnings growth at a time when most leading household and personal care product manufacturers in North America are struggling to defend their market shares. Church & Dwight’s strong portfolio of value and premium brands, its focus on innovation-led products, its export expansion, and the benefits it’s garnered from strategic acquisitions are driving its top line, which has risen at an average rate of 12.9% in the past four quarters.