Insider Buying: PZ Cussons (LON:PZC) Insider Purchases 2,508 Shares

Key Points

• Insider purchase: Jitesh Himatlal Sodha bought 2,508 PZ Cussons shares at GBX 105 each, totaling £2,633.40.
• Stock performance: PZ Cussons opened at GBX 105.40, with shares ranging from GBX 65.09 to GBX 114 over the past year and a market capitalization of approximately £443 million.
• Analyst outlook: The company has a consensus “Moderate Buy” rating and an average price target of GBX 115, supported by Deutsche Bank’s “Buy” rating and a GBX 120 target.

PZ Cussons plc (LON:PZC - Get Free Report) insider Jitesh Himatlal Sodha purchased 2,508 shares of PZ Cussons stock in a transaction that occurred on Monday, August 24th. The shares were purchased at an average price of GBX 105 per share, for a total transaction of £2,633.40.

PZ Cussons Stock Performance

Shares of LON:PZC opened at GBX 105.40 on Tuesday. PZ Cussons plc has a 1 year low of GBX 65.09 and a 1 year high of GBX 114. The stock has a market capitalization of £443.05 million, a price-to-earnings ratio of -90.09, a price-to-earnings-growth ratio of 1.13 and a beta of 0.53. The company has a debt-to-equity ratio of 38.34, a current ratio of 0.84 and a quick ratio of 1.36. The company's 50 day simple moving average is GBX 105.23 and its 200 day simple moving average is GBX 89.76.

PZ Cussons (LON:PZC - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported GBX 4.70 earnings per share for the quarter. PZ Cussons had a return on equity of 8.44% and a net margin of 3.66%. As a group, research analysts predict that PZ Cussons plc will post 13.9099999 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PZC. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 120 price objective on shares of PZ Cussons in a research note on Friday, August 7th. JPMorgan Chase & Co. increased their target price on shares of PZ Cussons from GBX 100 to GBX 110 and gave the stock a "neutral" rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, PZ Cussons currently has a consensus rating of "Moderate Buy" and an average price target of GBX 115.

About PZ Cussons

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.

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