PZ Cussons (LON:PZC) Stock Price Up 10.9% - Here's Why

Key Points

• PZ Cussons plc's stock price increased by 10.9% to GBX 73.52 ($1.00), with trading volume up 797% compared to the average session volume.
• Analysts maintain a "neutral" rating on the stock with a price target of GBX 100, while the average rating stands at "Moderate Buy."
• The company reported a negative net margin of 10.80% and anticipates earnings of 13.91 EPS for the current fiscal year.

PZ Cussons plc (LON:PZC - Get Free Report) shares traded up 10.9% during trading on Wednesday . The company traded as high as GBX 75.30 ($1.03) and last traded at GBX 73.52 ($1.00). 7,511,544 shares were traded during trading, an increase of 797% from the average session volume of 837,054 shares. The stock had previously closed at GBX 66.30 ($0.90).

Analyst Ratings Changes

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

PZ Cussons Stock Performance

The company's 50 day moving average price is GBX 70.02 and its 200-day moving average price is GBX 76.08. 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 company has a market cap of £308.41 million, a PE ratio of -4,682.87, a price-to-earnings-growth ratio of 1.13 and a beta of 0.26.

PZ Cussons (LON:PZC - Get Free Report) last issued its quarterly earnings results 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%. Equities research analysts anticipate that PZ Cussons plc will post 13.9099999 earnings per share for the current fiscal 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.

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