Crest Nicholson (LON:CRST) Insider Purchases £149.86 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd purchased 254 shares of the business’s stock in a transaction on Monday, October 12th. The shares were acquired at an average price of GBX 59 per share, with a total value of £149.86.

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

• On Thursday, September 10th, William Floydd acquired 255 shares of Crest Nicholson stock. The shares were bought at an average cost of GBX 59 per share, for a total transaction of £150.45.
• On Monday, August 10th, William Floydd acquired 231 shares of Crest Nicholson stock. The shares were bought at an average cost of GBX 65 per share, for a total transaction of £150.15.

Crest Nicholson Stock Down 0.3%

CRST opened at GBX 60.70 on Thursday. The company has a market cap of £155.86 million, a P/E ratio of 7.23, a P/E/G ratio of 0.51 and a beta of 1.32. The business’s 50-day moving average price is GBX 61.96 and its 200-day moving average price is GBX 70.60. 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 Holdings plc has a 12 month low of GBX 53 and a 12 month high of GBX 176.20.

Crest Nicholson (LON:CRST) last released 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%. On average, equities analysts expect that Crest Nicholson Holdings plc will post 9.10 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on CRST shares. Royal Bank Of Canada cut Crest Nicholson to an “outperform” rating and set a GBX 95 price target on the stock. in a research note on Thursday, September 3rd. Berenberg Bank lowered their price objective on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a research report on Friday, September 4th. Deutsche Bank Aktiengesellschaft dropped their price objective on Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating for the company in a research note on Tuesday, September 8th. Finally, Jefferies Financial Group dropped their price objective on Crest Nicholson from GBX 107 to GBX 80 and set a “buy” rating for the company in a research note on Monday, September 28th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 99.

About Crest Nicholson

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.