PZ Cussons (LON:PZC) Shares Pass Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• PZ Cussons shares rose above their 200-day moving average, reaching GBX 98.70 and last trading at GBX 97.20, compared with the 200-day average of GBX 91.79.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average target price of GBX 115; Deutsche Bank has a GBX 120 target, while JPMorgan rates the stock “Neutral” with a GBX 110 target.
• Recent results showed quarterly EPS of GBX 4.70, while insiders bought 52,920 shares over the past 90 days, suggesting some management confidence despite the company’s modest 3.66% net margin.

PZ Cussons plc (LON:PZC - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 91.79 and traded as high as GBX 98.70. PZ Cussons shares last traded at GBX 97.20, with a volume of 788,488 shares.

Analyst Ratings Changes

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

PZ Cussons Trading Down 0.5%

The firm has a market cap of £409.53 million, a PE ratio of 20.81, a PEG ratio of 1.13 and a beta of 0.52. The business has a 50-day moving average price of GBX 104.05 and a two-hundred day moving average price of GBX 91.79. The company has a debt-to-equity ratio of 38.34, a current ratio of 0.84 and a quick ratio of 1.36.

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

Insider Activity

In other news, insider Vivek Ahuja purchased 2,508 shares of the company's stock in a transaction on Monday, August 24th. The stock was bought at an average cost of GBX 105 per share, for a total transaction of £2,633.40. Also, insider David A. Tyler acquired 40,000 shares of the business's stock in a transaction dated Monday, August 17th. The stock was purchased at an average price of GBX 103 per share, for a total transaction of £41,200. Insiders have acquired a total of 52,920 shares of company stock valued at $5,476,592 in the last ninety days. 15.47% of the stock is owned by company insiders.

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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