Insider Buying: Crest Nicholson (LON:CRST) Insider Purchases 130 Shares of Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd purchased 130 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were acquired at an average price of GBX 153 per share, for a total transaction of £198.90.

William Floydd also recently made the following trade(s):

• On Monday, January 12th, William Floydd purchased 106 shares of Crest Nicholson stock. The shares were bought at an average price of GBX 142 per share, for a total transaction of £150.52.

Crest Nicholson Stock Performance

Shares of LON CRST traded up GBX 20.80 during mid-day trading on Wednesday, hitting GBX 171.40. The stock had a trading volume of 951,594 shares, compared to its average volume of 2,342,142. The company has a 50 day moving average of GBX 140.12 and a two-hundred day moving average of GBX 154.59. 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 firm has a market cap of £439.89 million, a PE ratio of 190.44, a PEG ratio of 0.51 and a beta of 2.00. Crest Nicholson Holdings plc has a twelve month low of GBX 125.71 and a twelve month high of GBX 198.50.

Crest Nicholson (LON:CRST) last released its 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%. Research analysts predict that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Royal Bank Of Canada upped their target price on Crest Nicholson from GBX 205 to GBX 215 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Berenberg Bank dropped their price objective 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. JPMorgan Chase & Co. decreased their target price on shares of Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Jefferies Financial Group reissued a “buy” rating and set a GBX 230 price target on shares of Crest Nicholson in a report on Thursday, February 5th. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 190 price objective on shares of Crest Nicholson in a report on Tuesday, November 18th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company 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.