Crest Nicholson (LON:CRST) Insider William Floydd Buys 254 Shares of Company Stock

Key Points

• Insider buying: Crest Nicholson insider William Floydd purchased 254 shares at GBX 59 each, worth £149.86. He has also made similar purchases in August and September.
• Share performance: Crest Nicholson shares rose 1.9% to GBX 60, but remain well below their 12-month high of GBX 176.20.
• Analyst outlook: Analysts have lowered several price targets, resulting in an average rating of “Hold” and an average target price of GBX 99.

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) insider William Floydd bought 254 shares of the business's stock in a transaction on Monday, October 12th. The shares were purchased at an average cost of GBX 59 per share, for a total transaction of £149.86.

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

• On Thursday, September 10th, William Floydd bought 255 shares of Crest Nicholson stock. The stock was acquired at an average price of GBX 59 per share, with a total value of £150.45.
• On Monday, August 10th, William Floydd bought 231 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 65 per share, with a total value of £150.15.

Crest Nicholson Stock Up 1.9%

Shares of CRST stock traded up GBX 1.10 on Monday, reaching GBX 60. 1,181,715 shares of the company's stock traded hands, compared to its average volume of 4,494,430. The company has a market capitalization of £154.06 million, a P/E ratio of 7.14, a price-to-earnings-growth ratio of 0.51 and a beta of 1.32. Crest Nicholson Holdings plc has a 12-month low of GBX 53 and a 12-month high of GBX 176.20. The company has a debt-to-equity ratio of 35.57, a quick ratio of 0.71 and a current ratio of 2.24. The business's 50 day moving average price is GBX 62.16 and its two-hundred day moving average price is GBX 71.55.

Crest Nicholson (LON:CRST - Get Free Report) last announced 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%. On average, equities analysts forecast that Crest Nicholson Holdings plc will post 9.10 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Crest Nicholson from GBX 79 to GBX 65 and set a "hold" rating for the company in a research report on Tuesday, September 8th. JPMorgan Chase & Co. lowered their price objective on shares of Crest Nicholson from GBX 160 to GBX 80 and set a "neutral" rating on the stock in a research report on Tuesday, June 16th. Berenberg Bank dropped their price objective on shares of Crest Nicholson from GBX 70 to GBX 58 and set a "hold" rating on the stock in a research note on Friday, September 4th. Royal Bank Of Canada downgraded shares of Crest Nicholson to an "outperform" rating and set a GBX 95 target price for the company. in a research report on Thursday, September 3rd. Finally, Jefferies Financial Group decreased their target price on shares of Crest Nicholson from GBX 107 to GBX 80 and set a "buy" rating for the company in a research note on Monday, September 28th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of GBX 99.

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.

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