Insider Buying: Crest Nicholson (LON:CRST) Insider Acquires £150.45 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd bought 255 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was purchased at an average cost 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 bought 231 shares of Crest Nicholson stock. The stock was purchased at an average price of GBX 65 per share, for a total transaction of £150.15.
• On Friday, July 10th, William Floydd purchased 228 shares of Crest Nicholson stock. The shares were purchased at an average cost of GBX 66 per share, with a total value of £150.48.

Crest Nicholson Price Performance

CRST stock opened at GBX 57.70 on Friday. The company has a market cap of £148.15 million, a PE ratio of 6.87, a price-to-earnings-growth 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 stock has a 50-day moving average price of GBX 64.66 and a two-hundred day moving average price of GBX 81.97. Crest Nicholson Holdings plc has a 12-month low of GBX 53 and a 12-month high of GBX 176.20.

Crest Nicholson (LON:CRST) last released its quarterly earnings data 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%. As a group, research analysts predict that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on CRST. Royal Bank Of Canada lowered shares of Crest Nicholson to an “outperform” rating and set a GBX 95 price target on the stock. in a report on Thursday, September 3rd. JPMorgan Chase & Co. decreased their price objective 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. Jefferies Financial Group reissued a “buy” rating and issued a GBX 107 price objective on shares of Crest Nicholson in a research report on Friday, September 4th. Deutsche Bank Aktiengesellschaft cut their target price on shares of 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, 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 report on Friday, September 4th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 102.86.

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.