William Floydd Acquires 137 Shares of Crest Nicholson (LON:CRST) Stock

Key Points

• William Floydd bought 137 Crest Nicholson shares on April 10 at GBX 109, continuing a series of insider purchases this year (106 on Jan 12, 130 on Feb 10, 120 on Mar 10).
• The stock rose 3.8% to GBX 111.09 on Friday with 3,039,261 shares traded (well above average), and the company has a market cap of £285.2M and a P/E of 123.44.
• Analysts are split (three Buy, three Hold) but show a consensus of "Moderate Buy" with an average price target of GBX 183.33, ranging from GBX 125 to GBX 230.

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) insider William Floydd purchased 137 shares of the stock in a transaction dated Friday, April 10th. The shares were purchased at an average price of GBX 109 per share, with a total value of £149.33.

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

• On Tuesday, March 10th, William Floydd bought 120 shares of Crest Nicholson stock. The shares were acquired at an average price of GBX 125 per share, for a total transaction of £150.
• On Tuesday, February 10th, William Floydd bought 130 shares of Crest Nicholson stock. The shares were acquired at an average price of GBX 153 per share, for a total transaction of £198.90.
• On Monday, January 12th, William Floydd acquired 106 shares of Crest Nicholson stock. The shares were bought at an average cost of GBX 142 per share, with a total value of £150.52.

Crest Nicholson Stock Up 3.8%

Shares of Crest Nicholson stock traded up GBX 4.09 on Friday, reaching GBX 111.09. 3,039,261 shares of the company were exchanged, compared to its average volume of 1,601,051. Crest Nicholson Holdings plc has a 1-year low of GBX 96.95 and a 1-year high of GBX 198.50. The company has a market cap of £285.20 million, a P/E ratio of 123.44, a price-to-earnings-growth 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 stock's 50 day moving average price is GBX 133.36 and its 200-day moving average price is GBX 143.73.

Crest Nicholson (LON:CRST - Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The company reported GBX 7.80 earnings per share (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 forecast that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on CRST shares. Stifel Nicolaus reissued a "hold" rating and set a GBX 125 price target on shares of Crest Nicholson in a report on Thursday, March 26th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 230 price objective on shares of Crest Nicholson in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada increased their price objective on Crest Nicholson from GBX 205 to GBX 215 and gave the stock an "outperform" rating in a research report on Monday, February 2nd. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Crest Nicholson has an average rating of "Moderate Buy" and a consensus price target of GBX 183.33.

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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