Crest Nicholson (LON:CRST) Insider Purchases 120 Shares

Key Points

• Insider Martyn Clark bought 120 shares at GBX 125 on March 10, after previously selling a large block of 46,077 shares on March 2 at GBX 151 (≈£69,576).
• Crest Nicholson traded at GBX 125.70 midday, sitting below its 50- and 200-day moving averages (GBX 147.26 and GBX 150.99), with a market cap of £322.6m and a high P/E of 139.67.
• Analysts show a mixed view but a consensus of "Moderate Buy" with a consensus price target of GBX 195, while recent quarterly EPS was GBX 7.80 and profit margins/ROE remain very low.

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) insider Martyn Clark acquired 120 shares of the business's stock in a transaction on Tuesday, March 10th. The shares were purchased at an average cost of GBX 125 per share, for a total transaction of £150.

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

• On Monday, March 2nd, Martyn Clark sold 46,077 shares of Crest Nicholson stock. The shares were sold at an average price of GBX 151, for a total transaction of £69,576.27.
• On Tuesday, February 10th, Martyn Clark purchased 130 shares of Crest Nicholson stock. The shares were purchased at an average cost of GBX 153 per share, for a total transaction of £198.90.
• On Monday, January 12th, Martyn Clark acquired 106 shares of Crest Nicholson stock. The stock was purchased at an average cost of GBX 142 per share, with a total value of £150.52.
• On Wednesday, December 10th, Martyn Clark bought 113 shares of Crest Nicholson stock. The shares were purchased at an average cost of GBX 132 per share, for a total transaction of £149.16.

Crest Nicholson Stock Performance

Shares of LON CRST traded up GBX 4.30 during midday trading on Tuesday, reaching GBX 125.70. The company's stock had a trading volume of 454,238 shares, compared to its average volume of 1,661,822. The stock has a market capitalization of £322.60 million, a P/E ratio of 139.67, a PEG ratio of 0.51 and a beta of 1.42. The company has a debt-to-equity ratio of 24.15, a current ratio of 2.63 and a quick ratio of 0.72. The firm has a 50 day moving average price of GBX 147.26 and a 200-day moving average price of GBX 150.99. Crest Nicholson Holdings plc has a 12-month low of GBX 120.40 and a 12-month high of GBX 198.50.

Crest Nicholson (LON:CRST - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a return on equity of 0.30% and a net margin of 0.36%. As a group, equities analysts predict that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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