Crest Nicholson (LON:CRST) Stock: Insider Martyn Clark Purchases 254 Shares

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark acquired 254 shares of Crest Nicholson stock in a transaction that occurred on Monday, October 12th. The stock was bought at an average cost of GBX 59 per share, with a total value of £149.86.

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

• On Thursday, September 10th, Martyn Clark bought 255 shares of Crest Nicholson stock. The stock was bought at an average price of GBX 59 per share, with a total value of £150.45.
• On Monday, August 10th, Martyn Clark bought 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.

Crest Nicholson Stock Up 1.5%

Crest Nicholson stock opened at GBX 60.90 on Wednesday. The stock has a market cap of £156.37 million, a price-to-earnings ratio of 7.25, 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. The company’s 50-day moving average price is GBX 62.01 and its two-hundred day moving average price is GBX 70.92. Crest Nicholson Holdings plc has a 52 week low of GBX 53 and a 52 week high of GBX 176.20.

Crest Nicholson (LON:CRST) last released its quarterly earnings results on Thursday, July 16th. The company reported GBX (10.10) EPS for the quarter. Crest Nicholson had a negative return on equity of 4.32% and a negative net margin of 5.44%. On average, analysts expect that Crest Nicholson Holdings plc will post 9.10 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CRST shares. JPMorgan Chase & Co. cut 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. Berenberg Bank decreased their price target on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a research note on Friday, September 4th. Jefferies Financial Group lowered their price target on Crest Nicholson from GBX 107 to GBX 80 and set a “buy” rating on the stock in a research report on Monday, September 28th. Deutsche Bank Aktiengesellschaft dropped their price objective on Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating on the stock in a research note on Tuesday, September 8th. Finally, Royal Bank Of Canada lowered Crest Nicholson to an “outperform” rating and set a GBX 95 price objective for the company. in a report on Thursday, September 3rd. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 99.

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.