Crest Nicholson (LON:CRST) Announces Quarterly Earnings Results

Crest Nicholson (LON:CRST) issued its quarterly earnings data on Tuesday. The company reported GBX 5.60 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.17%.

Crest Nicholson Trading Up 0.3 %

LON:CRST traded up GBX 0.60 ($0.01) on Thursday, hitting GBX 174.50 ($2.18). 705,045 shares of the stock were exchanged, compared to its average volume of 1,955,214. The stock has a market capitalization of £447.28 million, a price-to-earnings ratio of -1,745.00, a P/E/G ratio of 0.51 and a beta of 2.00. Crest Nicholson has a 52 week low of GBX 145.20 ($1.82) and a 52 week high of GBX 272.40 ($3.41). The company has a debt-to-equity ratio of 13.12, a quick ratio of 0.72 and a current ratio of 3.13. The company’s 50-day moving average price is GBX 169.60 and its 200 day moving average price is GBX 188.93.

Wall Street Analysts Forecast Growth

CRST has been the subject of several recent research reports. JPMorgan Chase & Co. upgraded shares of Crest Nicholson to a “neutral” rating and raised their target price for the company from GBX 180 ($2.25) to GBX 190 ($2.38) in a report on Thursday, December 5th. Berenberg Bank dropped their target price on shares of Crest Nicholson from GBX 280 ($3.50) to GBX 215 ($2.69) and set a “hold” rating for the company in a report on Tuesday, October 22nd.

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.