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

Key Points

• PZ Cussons' stock price increased by 10.9% on Wednesday, trading at GBX 73.52 ($1.00) after closing at GBX 66.30 ($0.90).
• JPMorgan Chase & Co. issued a "neutral" rating along with a price target of GBX 100, contributing to an overall rating of "Moderate Buy" with an average target of GBX 110.
• The company reported a negative return on equity of 21.80% and negative net margin of 10.80% in its latest quarterly earnings announcement.

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

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued 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 assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, PZ Cussons currently has an average rating of "Moderate Buy" and an average price target of GBX 110.

PZ Cussons Stock Performance

The company has a market cap of £308.41 million, a P/E ratio of -4,682.87, a P/E/G ratio of 1.13 and a beta of 0.26. The firm has a 50 day moving average price of GBX 70.02 and a 200-day moving average price of 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.

PZ Cussons (LON:PZC - Get Free Report) last released 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 return on equity of 21.80% and a negative net margin of 10.80%. On average, research analysts predict 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.

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