Crest Nicholson (LON:CRST) Releases Quarterly Earnings Results

Crest Nicholson (LON:CRST) released its earnings results on Tuesday. The company reported GBX 5.60 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.17%.

Crest Nicholson Price Performance

CRST stock opened at GBX 175 ($2.19) on Thursday. The firm has a 50 day moving average of GBX 169.60 and a 200-day moving average of GBX 188.93. The company has a current ratio of 3.13, a quick ratio of 0.72 and a debt-to-equity ratio of 13.12. The firm has a market capitalization of £448.56 million, a P/E ratio of -1,750.00, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. Crest Nicholson has a 12 month low of GBX 145.20 ($1.82) and a 12 month high of GBX 272.40 ($3.41).

Wall Street Analyst Weigh In

CRST has been the topic of several recent analyst reports. JPMorgan Chase & Co. upgraded Crest Nicholson to a “neutral” rating and raised their price objective for the company from GBX 180 ($2.25) to GBX 190 ($2.38) in a research note on Thursday, December 5th. Berenberg Bank dropped their price target on shares of Crest Nicholson from GBX 280 ($3.50) to GBX 215 ($2.69) and set a “hold” rating on the stock in a research report on Tuesday, October 22nd.

About Crest Nicholson

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.