Crest Nicholson (LON:CRST) Insider Acquires £198.90 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd purchased 130 shares of Crest Nicholson stock in a transaction dated Tuesday, February 10th. The shares were bought at an average price of GBX 153 per share, for a total transaction of £198.90.

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

• On Monday, January 12th, William Floydd acquired 106 shares of Crest Nicholson stock. The shares were purchased at an average price of GBX 142 per share, with a total value of £150.52.

Crest Nicholson Trading Up 13.8%

Shares of Crest Nicholson stock traded up GBX 20.80 during mid-day trading on Wednesday, hitting GBX 171.40. The stock had a trading volume of 951,594 shares, compared to its average volume of 2,342,142. The firm has a market cap of £439.89 million, a P/E ratio of 190.44, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. Crest Nicholson Holdings plc has a 12-month low of GBX 125.71 and a 12-month high of GBX 198.50. The company has a quick ratio of 0.72, a current ratio of 3.27 and a debt-to-equity ratio of 12.94. The firm has a 50-day moving average of GBX 140.12 and a two-hundred day moving average of GBX 154.59.

Crest Nicholson (LON:CRST) last posted its earnings results on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a negative return on equity of 3.47% and a negative net margin of 4.21%. Sell-side analysts forecast that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on CRST shares. Berenberg Bank cut their target price on Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating on the stock in a research report on Tuesday, November 18th. Royal Bank Of Canada boosted their price objective on Crest Nicholson from GBX 205 to GBX 215 and gave the company an “outperform” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. lowered their target price on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a report on Thursday, December 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 230 target price on shares of Crest Nicholson in a research report on Thursday, February 5th. Finally, Peel Hunt reissued an “add” rating and set a GBX 190 price target on shares of Crest Nicholson in a research report on Tuesday, November 18th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Crest Nicholson presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 195.

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.