PZ Cussons (LON:PZC) Insider Purchases 40,000 Shares of Stock

Key Points

• Insider buying: Director David Tyler purchased 40,000 PZ Cussons shares at GBX 103 each, investing £41,200.
• Stock performance: Shares traded at GBX 101.80, near the GBX 103.76 50-day average and well above the 52-week low of GBX 65.09.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with an average price target of GBX 115; ratings include one Buy and one Hold.

PZ Cussons plc (LON:PZC - Get Free Report) insider David Tyler bought 40,000 shares of the firm's stock in a transaction dated Monday, August 17th. The shares were acquired at an average price of GBX 103 per share, for a total transaction of £41,200.

PZ Cussons Price Performance

Shares of LON:PZC traded down GBX 2.40 during midday trading on Monday, reaching GBX 101.80. The company's stock had a trading volume of 835,772 shares, compared to its average volume of 1,669,908. PZ Cussons plc has a fifty-two week low of GBX 65.09 and a fifty-two week high of GBX 114. The company has a market capitalization of £427.92 million, a P/E ratio of -87.01, a P/E/G 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 business's fifty day simple moving average is GBX 103.76 and its 200-day simple moving average is GBX 88.72.

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on PZC shares. JPMorgan Chase & Co. upped their price objective on PZ Cussons from GBX 100 to GBX 110 and gave the stock a "neutral" rating in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 120 target price on shares of PZ Cussons in a research report on Friday, August 7th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source