Key Points
- Insider buying: William Floydd purchased 255 Crest Nicholson shares at GBX 59 each, investing £150.45. This follows two similar purchases in July and August.
- Weak share performance: CRST opened at GBX 57.70 and remains near its one-year low of GBX 53, well below its 200-day moving average of GBX 82.15.
- Mixed analyst outlook: Analysts have a consensus “Hold” rating with an average price target of GBX 102.86, despite recent target-price cuts and varying ratings from “Buy” to “Hold.”
Crest Nicholson Holdings plc (LON:CRST - Get Free Report) insider William Floydd purchased 255 shares of Crest Nicholson stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average price of GBX 59 per share, for a total transaction of £150.45.
William Floydd also recently made the following trade(s):
- On Monday, August 10th, William Floydd acquired 231 shares of Crest Nicholson stock. The stock was bought at an average price of GBX 65 per share, with a total value of £150.15.
- On Friday, July 10th, William Floydd bought 228 shares of Crest Nicholson stock. The stock was bought at an average cost of GBX 66 per share, with a total value of £150.48.
Crest Nicholson Price Performance
Shares of CRST stock opened at GBX 57.70 on Friday. Crest Nicholson Holdings plc has a 1 year low of GBX 53 and a 1 year high of GBX 176.20. The firm's 50 day moving average is GBX 64.94 and its 200-day moving average is GBX 82.15. The firm has a market capitalization of £148.15 million, a price-to-earnings ratio of 6.87, a PEG ratio of 0.51 and a beta of 1.32. 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 (LON:CRST - Get Free Report) last issued 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%. Sell-side analysts forecast that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on CRST shares. JPMorgan Chase & Co. dropped their target price on Crest Nicholson from GBX 160 to GBX 80 and set a "neutral" rating for the company in a research report on Tuesday, June 16th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 107 price target on shares of Crest Nicholson in a report on Friday, September 4th. Deutsche Bank Aktiengesellschaft lowered 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. Royal Bank Of Canada downgraded shares of Crest Nicholson to an "outperform" rating and set a GBX 95 target price on the stock. in a research report on Thursday, September 3rd. Finally, Berenberg Bank reduced their target price on shares of Crest Nicholson from GBX 70 to GBX 58 and set a "hold" rating on the stock in a research note on Friday, September 4th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of GBX 102.86.
View Our Latest Report on Crest Nicholson
About Crest Nicholson
(
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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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