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

Key Points

• PZ Cussons plc's stock surged 10.9% during trading on Thursday, with over 7.5 million shares exchanged, indicating a significant increase in trading activity.
• JPMorgan Chase & Co. has set a price target of GBX 100 for PZ Cussons, while the consensus rating for the stock remains as a "Moderate Buy" with a target price of GBX 110.
• The company has reported a negative net margin of 10.80% and a negative return on equity of 21.80%, raising concerns about its financial health.

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

Analyst Ratings Changes

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

PZ Cussons Stock Performance

The business has a 50-day moving average price of GBX 70.12 and a 200-day moving average price of GBX 75.96. The firm has a market capitalization of £332.24 million, a price-to-earnings ratio of -5,044.59, a P/E/G ratio of 1.13 and a beta of 0.26. The company has a quick ratio of 1.36, a current ratio of 1.18 and a debt-to-equity ratio of 73.75.

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 return on equity of 21.80% and a negative net margin of 10.80%. As a group, sell-side analysts forecast that PZ Cussons plc will post 13.9099999 earnings per share for the current 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.