PZ Cussons (LON:PZC) Insider Jonathan Myers Sells 430,402 Shares of Stock

Key Points

• Insider sale: Jonathan Myers sold 430,402 PZ Cussons shares at GBX 98 each, generating approximately £421,794. He had recently made several small purchases totaling 440 shares.
• Stock performance: PZC shares traded at GBX 99.50, with a market capitalization of about £419.2 million. The stock has ranged from GBX 65.09 to GBX 114 over the past year.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with ratings split between Buy and Hold and an average price target of GBX 115.

PZ Cussons plc (LON:PZC - Get Free Report) insider Jonathan Myers sold 430,402 shares of the stock in a transaction dated Monday, September 28th. The stock was sold at an average price of GBX 98, for a total transaction of £421,793.96.

Jonathan Myers also recently made the following trade(s):

• On Thursday, September 17th, Jonathan Myers bought 154 shares of PZ Cussons stock. The shares were bought at an average cost of GBX 97 per share, with a total value of £149.38.
• On Monday, August 17th, Jonathan Myers purchased 145 shares of PZ Cussons stock. The stock was bought at an average cost of GBX 103 per share, for a total transaction of £149.35.
• On Friday, July 17th, Jonathan Myers acquired 141 shares of PZ Cussons stock. The shares were bought at an average price of GBX 107 per share, with a total value of £150.87.

PZ Cussons Stock Performance

PZC stock traded up GBX 1.40 during mid-day trading on Tuesday, reaching GBX 99.50. The company had a trading volume of 467,857 shares, compared to its average volume of 1,540,585. The company has a quick ratio of 1.36, a current ratio of 0.84 and a debt-to-equity ratio of 38.34. The stock has a market capitalization of £419.22 million, a P/E ratio of 21.31, a P/E/G ratio of 1.13 and a beta of 0.52. PZ Cussons plc has a one year low of GBX 65.09 and a one year high of GBX 114. The stock's 50-day simple moving average is GBX 103.10 and its two-hundred day simple moving average is GBX 92.70.

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

Wall Street Analyst Weigh In

PZC has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price target on PZ Cussons from GBX 100 to GBX 110 and gave the stock a "neutral" rating in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 120 price objective on shares of PZ Cussons in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 115.

PZ Cussons Company Profile

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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