PZ Cussons (LON:PZC) Trading 10.9% Higher - What's Next?

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) shares were up 10.9% on Wednesday . The stock traded as high as GBX 75.30 ($1.01) and last traded at GBX 73.52 ($0.99). Approximately 7,511,544 shares changed hands during mid-day trading, an increase of 797% from the average daily volume of 837,054 shares. The stock had previously closed at GBX 66.30 ($0.89).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 100 price target on shares of PZ Cussons in a report on Tuesday, July 1st. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of GBX 110.

PZ Cussons Trading Up 3.8%

The firm has a market capitalization 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. The company has a debt-to-equity ratio of 73.75, a quick ratio of 1.36 and a current ratio of 1.18. The business has a fifty day moving average price of GBX 70.12 and a 200 day moving average price of GBX 75.92.

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

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.