PZ Cussons (LON:PZC) Trading Up 10.9% - Still a Buy?

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.

PZ Cussons plc (LON:PZC - Get Free Report) traded up 10.9% during mid-day trading on Wednesday . The company 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 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).

Analyst Upgrades and Downgrades

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

PZ Cussons Stock Up 3.8%

The firm's 50-day simple moving average is GBX 70.12 and its 200 day simple moving average is GBX 76.01. 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 stock has a market capitalization of £332.24 million, a P/E ratio of -5,044.59, a PEG 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 (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, research analysts expect that PZ Cussons plc will post 13.9099999 EPS 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.