Crest Nicholson (LON:CRST) Insider Buys £150.15 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark bought 231 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average price 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 purchased at an average cost of GBX 66 per share, with a total value of £150.48.
• On Wednesday, June 10th, Martyn Clark acquired 221 shares of Crest Nicholson stock. The shares were purchased at an average price of GBX 68 per share, with a total value of £150.28.

Crest Nicholson Stock Performance

Shares of Crest Nicholson stock traded down GBX 1.80 during trading on Monday, reaching GBX 63.60. The company’s stock had a trading volume of 1,598,267 shares, compared to its average volume of 5,031,920. The company has a quick ratio of 0.71, a current ratio of 2.24 and a debt-to-equity ratio of 35.57. The business’s 50-day moving average price is GBX 68.20 and its 200-day moving average price is GBX 97.12. Crest Nicholson Holdings plc has a 52 week low of GBX 59.60 and a 52 week high of GBX 187.70. The firm has a market cap of £163.49 million, a PE ratio of 7.57, a P/E/G ratio of 0.51 and a beta of 1.33.

Crest Nicholson (LON:CRST) last posted its quarterly earnings data 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%. Equities analysts forecast that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on CRST shares. JPMorgan Chase & Co. decreased their price target on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a research note on Tuesday, June 16th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 95 price objective on shares of Crest Nicholson in a report on Friday, July 17th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 112 target price on shares of Crest Nicholson in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft lowered shares of Crest Nicholson to a “hold” rating and decreased their price target for the stock from GBX 228 to GBX 79 in a research note on Wednesday, April 22nd. Finally, Stifel Nicolaus reissued a “hold” rating and issued a GBX 125 price target on shares of Crest Nicholson in a report on Tuesday, April 21st. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of GBX 109.57.

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.