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

Key Points

• PZ Cussons' stock price increased by 10.9% during mid-day trading, reaching a peak of GBX 75.30 before closing at GBX 73.52.
• JPMorgan Chase & Co. maintained a "neutral" rating with a price target of GBX 100, while the stock currently holds a consensus rating of "Moderate Buy" and a price target of GBX 110.
• The company reported a negative return on equity of 21.80% and a net margin of 10.80% for the latest quarter, indicating ongoing challenges despite the recent stock price rise.

Shares of PZ Cussons plc (LON:PZC - Get Free Report) shot up 10.9% during trading on Wednesday . 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).

Wall Street Analysts Forecast Growth

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

PZ Cussons Stock Performance

The firm has a market cap of £332.24 million, a P/E ratio of -5,044.59, a PEG ratio of 1.13 and a beta of 0.26. The stock's 50-day moving average is GBX 70.12 and its 200 day moving average is GBX 75.96. The company has a debt-to-equity ratio of 73.75, a quick ratio of 1.36 and a current ratio of 1.18.

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 (EPS) for the quarter. PZ Cussons had a negative net margin of 10.80% and a negative return on equity of 21.80%. On average, research analysts predict 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.