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

Key Points

• PZ Cussons plc's share price increased by 10.9% to GBX 73.52, with over 7.5 million shares traded, significantly above its average daily volume of 837,054 shares.
• JPMorgan Chase & Co. maintains a "neutral" rating for PZ Cussons and has set a price target of GBX 100, while the stock has a consensus rating of "Moderate Buy" with an average target price of GBX 110.
• The company reported a loss with a negative net margin of 10.80% and is projected to post earnings per share of approximately 13.91 for the current fiscal year.

PZ Cussons plc (LON:PZC - Get Free Report) was up 10.9% during trading on Wednesday . 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 were traded during trading, an increase of 797% from the average daily volume of 837,054 shares. The stock had previously closed at GBX 66.30 ($0.89).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated a "neutral" rating and set a GBX 100 price objective 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. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 110.

PZ Cussons Stock Up 3.8%

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 business's 50 day moving average is GBX 70.12 and its 200 day moving average is GBX 75.96. The company has a market capitalization of £332.24 million, a price-to-earnings ratio of -5,044.59, a PEG ratio of 1.13 and a beta of 0.26.

PZ Cussons (LON:PZC - Get Free Report) last released its earnings results on Wednesday, September 17th. The company reported GBX 7.34 earnings per share 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 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.