Key Points
- Insider purchase: Martyn Clark bought 231 Crest Nicholson shares at GBX 65 each, investing £150.15. This follows similar £150 purchases in June and July.
- Stock performance: Shares opened at GBX 63.60, near the lower end of their 52-week range of GBX 59.60–187.70, with a market capitalization of £163.49 million.
- Analyst view: Analysts have a consensus “Hold” rating and an average price target of GBX 109.57, despite recent target reductions and the company’s reported negative quarterly EPS.
Crest Nicholson Holdings plc (LON:CRST - Get Free Report) insider Martyn Clark purchased 231 shares of the stock in a transaction on Monday, August 10th. The shares were acquired at an average cost of GBX 65 per share, for a total transaction of £150.15.
Martyn Clark also recently made the following trade(s):
- On Friday, July 10th, Martyn Clark acquired 228 shares of Crest Nicholson stock. The stock was acquired at an average price of GBX 66 per share, for a total transaction of £150.48.
- On Wednesday, June 10th, Martyn Clark acquired 221 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 68 per share, with a total value of £150.28.
Crest Nicholson Stock Performance
Shares of LON CRST opened at GBX 63.60 on Tuesday. 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 59.60 and a 12 month high of GBX 187.70. The stock has a 50 day moving average of GBX 68.16 and a 200-day moving average of GBX 96.63. The company has a market capitalization of £163.49 million, a P/E ratio of 7.57, a P/E/G ratio of 0.51 and a beta of 1.33.
Crest Nicholson (LON:CRST - Get Free Report) last posted its quarterly 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%. As a group, equities research analysts predict that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the stock. Royal Bank Of Canada restated an "outperform" rating and set a GBX 95 target price on shares of Crest Nicholson in a research note on Friday, July 17th. Stifel Nicolaus reiterated a "hold" rating and issued a GBX 125 price target on shares of Crest Nicholson in a research note on Tuesday, April 21st. Berenberg Bank lowered their price target on shares of Crest Nicholson from GBX 160 to GBX 86 and set a "hold" rating on the stock in a report on Wednesday, April 22nd. JPMorgan Chase & Co. cut their price objective on shares of Crest Nicholson from GBX 160 to GBX 80 and set a "neutral" rating for the company in a research report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft cut Crest Nicholson to a "hold" rating and reduced their price objective for the stock from GBX 228 to GBX 79 in a report on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of GBX 109.57.
Get Our Latest Analysis on Crest Nicholson
About Crest Nicholson
(
Get Free Report)
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.
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