Crest Nicholson (LON:CRST) Insider Gillian Kent Acquires 9,538 Shares

Crest Nicholson Holdings plc (LON:CRST) insider Gillian Kent acquired 9,538 shares of Crest Nicholson stock in a transaction that occurred on Monday, March 23rd. The stock was purchased at an average price of GBX 104 per share, with a total value of £9,919.52.

Crest Nicholson Price Performance

Shares of CRST opened at GBX 98.65 on Tuesday. The company has a current ratio of 2.63, a quick ratio of 0.72 and a debt-to-equity ratio of 24.15. The stock’s 50 day moving average is GBX 141.95 and its two-hundred day moving average is GBX 148.08. Crest Nicholson Holdings plc has a twelve month low of GBX 97.60 and a twelve month high of GBX 198.50. The firm has a market capitalization of £253.18 million, a PE ratio of 109.61, a P/E/G ratio of 0.51 and a beta of 1.42.

Crest Nicholson (LON:CRST) last issued its earnings results on Thursday, January 29th. The company reported GBX 7.80 earnings per share (EPS) for the quarter. Crest Nicholson had a return on equity of 0.30% and a net margin of 0.36%. Research analysts anticipate that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CRST. JPMorgan Chase & Co. cut their price objective on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Jefferies Financial Group restated a “buy” rating and set a GBX 230 target price on shares of Crest Nicholson in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada upped their price target on shares of Crest Nicholson from GBX 205 to GBX 215 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Crest Nicholson currently 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.