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

Key Points

• PZ Cussons plc saw a significant share price increase of 10.9%, trading as high as GBX 75.30 ($1.03) with a sharp rise in trading volume.
• Analysts maintain a neutral rating from JPMorgan Chase with a price target of GBX 100, while the consensus rating remains a Moderate Buy with a projected price target of GBX 110.
• The company reported a negative net margin of 10.80% and a negative return on equity of 21.80% in its latest earnings results.

PZ Cussons plc (LON:PZC - Get Free Report) was up 10.9% 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 traded hands during mid-day 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).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 100 price target 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 issued a Hold rating to the stock. According to data from MarketBeat, PZ Cussons currently has an average rating of "Moderate Buy" and an average target price of GBX 110.

PZ Cussons Stock Performance

The firm's fifty day moving average is GBX 70.12 and its 200-day moving average is GBX 75.96. The company has a current ratio of 1.18, a quick ratio of 1.36 and a debt-to-equity ratio of 73.75. The stock has a market capitalization 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.

PZ Cussons (LON:PZC - Get Free Report) last posted its quarterly earnings data on Wednesday, September 17th. The company reported GBX 7.34 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 anticipate 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.