Crest Nicholson (LON:CRST) Insider Martyn Clark Acquires 137 Shares of Stock

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark purchased 137 shares of the company’s stock in a transaction on Friday, April 10th. The shares were bought at an average price of GBX 109 per share, for a total transaction of £149.33.

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

• On Tuesday, March 10th, Martyn Clark purchased 120 shares of Crest Nicholson stock. The shares were bought at an average price of GBX 125 per share, for a total transaction of £150.
• On Monday, March 2nd, Martyn Clark sold 46,077 shares of Crest Nicholson stock. The stock was 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 bought at an average price of GBX 153 per share, for a total transaction of £198.90.
• On Monday, January 12th, Martyn Clark purchased 106 shares of Crest Nicholson stock. The shares were bought at an average price of GBX 142 per share, for a total transaction of £150.52.

Crest Nicholson Stock Up 3.8%

CRST stock opened at GBX 111.09 on Friday. Crest Nicholson Holdings plc has a 52 week low of GBX 96.95 and a 52 week high of GBX 198.50. The company has a market capitalization of £285.20 million, a price-to-earnings ratio of 123.44, a price-to-earnings-growth ratio of 0.51 and a beta of 1.58. The firm’s 50-day moving average is GBX 132.53 and its two-hundred day moving average is GBX 143.42. The company has a current ratio of 2.63, a quick ratio of 0.72 and a debt-to-equity ratio of 24.15.

Crest Nicholson (LON:CRST) last released its quarterly earnings results on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a net margin of 0.36% and a return on equity of 0.30%. On average, analysts forecast that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of Crest Nicholson in a research note on Thursday, February 5th. Royal Bank Of Canada lifted their price objective on shares of Crest Nicholson from GBX 205 to GBX 215 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 125 price objective on shares of Crest Nicholson in a research note on Thursday, March 26th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Crest Nicholson presently has an average rating of “Moderate Buy” and an average target price 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.