Crest Nicholson (LON:CRST) Posts Earnings Results

Crest Nicholson (LON:CRST) issued its quarterly earnings data on Tuesday. The company reported GBX 5.60 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Crest Nicholson had a negative return on equity of 3.17% and a negative net margin of 4.21%.

Crest Nicholson Trading Up 0.2 %

CRST stock traded up GBX 0.30 ($0.00) during mid-day trading on Thursday, reaching GBX 174.20 ($2.18). The company’s stock had a trading volume of 917,449 shares, compared to its average volume of 1,963,383. The company has a market cap of £446.51 million, a price-to-earnings ratio of -1,742.00, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. The business’s 50 day moving average price is GBX 169.60 and its 200 day moving average price is GBX 188.93. The company has a current ratio of 3.13, a quick ratio of 0.72 and a debt-to-equity ratio of 13.12. Crest Nicholson has a 12 month low of GBX 145.20 ($1.82) and a 12 month high of GBX 272.40 ($3.41).

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CRST. Berenberg Bank lowered their price objective on Crest Nicholson from GBX 280 ($3.50) to GBX 215 ($2.69) and set a “hold” rating for the company in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. upgraded Crest Nicholson to a “neutral” rating and lifted their target price for the stock from GBX 180 ($2.25) to GBX 190 ($2.38) in a report on Thursday, December 5th.

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.