Crest Nicholson (LON:CRST) Insider Martyn Clark Sells 46,077 Shares of Stock

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark sold 46,077 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of GBX 151, for a total value of £69,576.27.

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

• On Tuesday, February 10th, Martyn Clark acquired 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, Martyn Clark acquired 106 shares of Crest Nicholson stock. The stock was acquired 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 stock was acquired at an average price of GBX 132 per share, with a total value of £149.16.

Crest Nicholson Stock Down 2.1%

Shares of LON:CRST opened at GBX 133.49 on Friday. The stock’s 50-day moving average price is GBX 147.85 and its two-hundred day moving average price is GBX 151.97. 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 Holdings plc has a 12-month low of GBX 125.71 and a 12-month high of GBX 198.50. The firm has a market cap of £342.59 million, a price-to-earnings ratio of 148.32, a PEG ratio of 0.51 and a beta of 1.47.

Crest Nicholson (LON:CRST) last posted its quarterly earnings data 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, research analysts forecast that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.