PZ Cussons (LON:PZC) Stock Price Up 10.9% - What's Next?

Key Points

• PZ Cussons shares increased by 10.9% during mid-day trading, reaching a peak of GBX 75.30 ($1.03), significantly up from the previous closing price of GBX 66.30 ($0.90).
• JPMorgan Chase has set a target price of GBX 100 on PZ Cussons shares, while the stock currently holds a consensus rating of "Moderate Buy" with a price target of GBX 110.
• The company recently reported a negative return on equity of 21.80% and a net margin of 10.80%, with analysts predicting earnings per share of 13.91 for the current fiscal year.

PZ Cussons plc (LON:PZC - Get Free Report) traded up 10.9% during trading on Thursday . The stock traded as high as GBX 75.30 ($1.01) and last traded at GBX 73.52 ($0.99). 7,511,544 shares traded hands during mid-day trading, an increase of 797% from the average session volume of 837,054 shares. The stock had previously closed at GBX 66.30 ($0.89).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued a "neutral" rating and issued a GBX 100 price objective on shares of PZ Cussons in a research note on Tuesday, July 1st. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, PZ Cussons presently has a consensus rating of "Moderate Buy" and an average price target of GBX 110.

PZ Cussons Price Performance

The company has a market cap of £332.24 million, a PE ratio of -5,044.59, a price-to-earnings-growth ratio of 1.13 and a beta of 0.26. The business's 50 day moving average price is GBX 70.12 and its 200-day moving average price is GBX 75.96. The company has a quick ratio of 1.36, a current ratio of 1.18 and a debt-to-equity ratio of 73.75.

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