Crest Nicholson (LON:CRST) Stock: Insider William Floydd Buys 254 Shares

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

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

• On Thursday, September 10th, William Floydd purchased 255 shares of Crest Nicholson stock. The stock was purchased 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 stock was purchased at an average price of GBX 65 per share, with a total value of £150.15.

Crest Nicholson Price Performance

Shares of Crest Nicholson stock opened at GBX 60.90 on Wednesday. The company has a current ratio of 2.24, a quick ratio of 0.71 and a debt-to-equity ratio of 35.57. The firm has a fifty day simple moving average of GBX 62.01 and a 200-day simple moving average of GBX 70.92. The stock has a market capitalization of £156.37 million, a price-to-earnings ratio of 7.25, a PEG ratio of 0.51 and a beta of 1.32. Crest Nicholson Holdings plc has a 1-year low of GBX 53 and a 1-year high of GBX 176.20.

Crest Nicholson (LON:CRST) last posted its earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share (EPS) for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. On average, sell-side analysts expect that Crest Nicholson Holdings plc will post 9.10 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CRST. Berenberg Bank decreased their price target on shares of Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a report on Friday, September 4th. Royal Bank Of Canada lowered Crest Nicholson to an “outperform” rating and set a GBX 95 price objective on the stock. in a research note on Thursday, September 3rd. JPMorgan Chase & Co. dropped their price objective on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft cut their price objective on Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating for the company in a research report on Tuesday, September 8th. Finally, Jefferies Financial Group decreased their target price 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 analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of GBX 99.

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.