12:05 PM EST, 01/28/2025 (MT Newswires) -- Church & Dwight ( CHD ) is well-positioned to meet or exceed expectations for Q4, with anticipated earnings per share of $0.77 and organic sales growth of about 3%, Oppenheimer said in a note Tuesday.

For Q4, the company expects adjusted earnings of $0.76 per share.

Management's guidance has already factored in moderation from the elevated consumption seen in October due to hurricanes and port strikes, as well as caution around the US consumer, according to the note.

In 2024, the company's shares have been a positive outlier, rising 11% compared to a 23% gain in the S&P 500 and a 1% increase in a selected group of consumer staples stocks.

For fiscal 2025, the company will provide earnings per share growth guidance in line with its long-term target of 8% despite foreign exchange pressures and organic sales growth outlook may fall due to slowing category growth and conservative consumer expectations, the firm added.

Oppenheimer said it expects Church & Dwight's ( CHD ) free cash flow to accelerate as capital expenditures normalize and earnings growth remains steady. With no debt maturities until 2027, the company is likely to accumulate cash for potential mergers and acquisitions.

"Higher rates have somewhat dampened our views towards the group, but we believe Church & Dwight's ( CHD ) shares could again represent an outlier this year," the firm added.

Oppenheimer has an outperform rating on Church & Dwight's ( CHD ) stock with a price target of $120.

Price: 108.37, Change: -1.02, Percent Change: -0.93