Crest Nicholson (LON:CRST) Insider Acquires £150.15 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd purchased 231 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were acquired at an average price of GBX 65 per share, for a total transaction of £150.15.

William Floydd also recently made the following trade(s):

• On Friday, July 10th, William Floydd acquired 228 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 66 per share, with a total value of £150.48.
• On Wednesday, June 10th, William Floydd acquired 221 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 68 per share, with a total value of £150.28.

Crest Nicholson Trading Up 1.2%

Shares of LON:CRST opened at GBX 67 on Thursday. The stock has a market capitalization of £172.22 million, a PE ratio of 7.98, a P/E/G ratio of 0.51 and a beta of 1.33. Crest Nicholson Holdings plc has a 1 year low of GBX 59.60 and a 1 year high of GBX 182.90. The firm has a fifty day moving average price of GBX 68.11 and a 200 day moving average price of GBX 95.67. The company has a current ratio of 2.24, a quick ratio of 0.71 and a debt-to-equity ratio of 35.57.

Crest Nicholson (LON:CRST) last posted its earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. Analysts expect that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CRST shares. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 95 price target on shares of Crest Nicholson in a report on Friday, July 17th. Deutsche Bank Aktiengesellschaft cut shares of Crest Nicholson to a “hold” rating and reduced their price objective for the stock from GBX 228 to GBX 79 in a research note on Wednesday, April 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 107 price objective on shares of Crest Nicholson in a report on Wednesday. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 125 target price on shares of Crest Nicholson in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. dropped their target price on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating on the stock in a report on Tuesday, June 16th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of GBX 108.86.

Crest Nicholson Company Profile

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.