PZ Cussons (LON:PZC) Shares Up 10.9% - Time to Buy?

Key Points

• PZ Cussons plc shares surged by 10.9% during trading, reaching a high of GBX 75.30 ($1.03) after a previous close of GBX 66.30 ($0.90), with trading volume increasing by 797% from its average.
• JPMorgan Chase & Co. has set a target price of GBX 100 on PZ Cussons shares, maintaining a "neutral" rating, while analysts suggest a consensus rating of "Moderate Buy" with an average target price of GBX 110.
• The company's recent quarterly earnings reported an earnings per share (EPS) of GBX 7.34, alongside negative metrics including a return on equity of -21.80% and a net margin of -10.80%.

Shares of PZ Cussons plc (LON:PZC - Get Free Report) traded up 10.9% during trading on Thursday . The company traded as high as GBX 75.30 ($1.01) and last traded at GBX 73.52 ($0.99). 7,511,544 shares changed 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).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued a "neutral" rating and set a GBX 100 price objective on shares of PZ Cussons in a report on Tuesday, July 1st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 110.

PZ Cussons Stock Up 3.8%

The firm's 50-day moving average is GBX 70.12 and its 200 day moving average is GBX 75.96. The stock has a market cap 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 company has a debt-to-equity ratio of 73.75, a current ratio of 1.18 and a quick ratio of 1.36.

PZ Cussons (LON:PZC - Get Free Report) last released 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%. Sell-side analysts anticipate that PZ Cussons plc will post 13.9099999 earnings per share 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.