PZ Cussons (LON:PZC) Trading Up 10.9% - Time to Buy?

Key Points

• PZ Cussons plc shares surged by 10.9% during recent trading, reaching a high of GBX 75.30 ($1.03), after closing at GBX 66.30 ($0.90). Approximately 7.5 million shares were traded, marking a significant increase in volume.
• Analysts have a mixed outlook on the stock, with JPMorgan Chase retaining a "neutral" rating and a price target of GBX 100, while one analyst rates it as a Buy and another as Hold.
• PZ Cussons currently reports earnings of GBX 7.34 per share, with analysts projecting a total of 13.91 EPS for the current year amidst a negative net margin of 10.80%.

PZ Cussons plc (LON:PZC - Get Free Report) was up 10.9% during mid-day trading on Wednesday . The stock traded as high as GBX 75.30 ($1.02) and last traded at GBX 73.52 ($1.00). Approximately 7,511,544 shares were traded during trading, an increase of 797% from the average daily volume of 837,054 shares. The stock had previously closed at GBX 66.30 ($0.90).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated a "neutral" rating and set a GBX 100 price objective on shares of PZ Cussons in a report on Tuesday, July 1st. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 110.

PZ Cussons Trading Up 3.8%

The company has a fifty day simple moving average of GBX 70.01 and a 200-day simple moving average of GBX 76.03. The company has a current ratio of 1.18, a quick ratio of 1.36 and a debt-to-equity ratio of 73.75. The stock has a market cap of £332.24 million, a price-to-earnings ratio of -5,044.59, a P/E/G ratio of 1.13 and a beta of 0.26.

PZ Cussons (LON:PZC - Get Free Report) last released its earnings results on Wednesday, September 17th. The company reported GBX 7.34 earnings per share for the quarter. PZ Cussons had a negative return on equity of 21.80% and a negative net margin of 10.80%. On average, research analysts forecast that PZ Cussons plc will post 13.9099999 earnings per share for the current fiscal year.

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.