Insider Buying: Crest Nicholson (LON:CRST) Insider Buys £198.90 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark bought 130 shares of Crest Nicholson stock in a transaction dated Tuesday, February 10th. The shares were bought at an average cost of GBX 153 per share, with a total value of £198.90.

Martyn Clark also recently made the following trade(s):

• On Monday, January 12th, Martyn Clark purchased 106 shares of Crest Nicholson stock. The stock was bought at an average cost of GBX 142 per share, for a total transaction of £150.52.
• On Wednesday, December 10th, Martyn Clark acquired 113 shares of Crest Nicholson stock. The stock was purchased at an average price of GBX 132 per share, for a total transaction of £149.16.

Crest Nicholson Stock Performance

LON CRST traded down GBX 0.90 on Tuesday, hitting GBX 150.60. 502,014 shares of the stock traded hands, compared to its average volume of 2,391,804. The company has a debt-to-equity ratio of 12.94, a quick ratio of 0.72 and a current ratio of 3.27. The business’s fifty day moving average is GBX 139.85 and its two-hundred day moving average is GBX 154.85. Crest Nicholson Holdings plc has a 12 month low of GBX 125.71 and a 12 month high of GBX 198.50. The firm has a market capitalization of £386.51 million, a price-to-earnings ratio of 167.33, a PEG ratio of 0.51 and a beta of 2.00.

Crest Nicholson (LON:CRST) last issued its quarterly earnings results on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a negative return on equity of 3.47% and a negative net margin of 4.21%. As a group, equities analysts anticipate that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on CRST shares. Berenberg Bank dropped their price target on shares of Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating on the stock in a research note on Tuesday, November 18th. Royal Bank Of Canada increased their target price on Crest Nicholson from GBX 205 to GBX 215 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 230 price target on shares of Crest Nicholson in a research report on Thursday, February 5th. JPMorgan Chase & Co. dropped their price target on shares of Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Finally, Peel Hunt restated an “add” rating and issued a GBX 190 price objective on shares of Crest Nicholson in a report on Tuesday, November 18th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 195.

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.