PZ Cussons (LON:PZC) Trading Up 10.9% - Should You Buy?

Key Points

• PZ Cussons' stock surged 10.9% on Wednesday, reaching a price of GBX 73.52, significantly higher than its previous close of GBX 66.30.
• Analysts have set a consensus target price of GBX 110 for PZ Cussons, with JPMorgan Chase maintaining a "neutral" rating and a target price of GBX 100.
• The company reported a negative net margin of 10.80% and is expected to post approximately 13.91 EPS for the current fiscal year.

PZ Cussons plc (LON:PZC - Get Free Report)'s share price was up 10.9% during mid-day trading 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 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 Ratings Changes

Separately, JPMorgan Chase & Co. reiterated a "neutral" rating and set a GBX 100 price objective on shares of PZ Cussons in a report on Tuesday, July 1st. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 110.

PZ Cussons Price Performance

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 firm has a market capitalization of £332.24 million, a price-to-earnings ratio of -5,044.59, a price-to-earnings-growth ratio of 1.13 and a beta of 0.26. The business has a fifty day moving average of GBX 70.12 and a two-hundred day moving average of GBX 75.96.

PZ Cussons (LON:PZC - Get Free Report) last posted 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%. As a group, research analysts predict that PZ Cussons plc will post 13.9099999 EPS for the current fiscal 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.