Crest Nicholson (LON:CRST) Announces Earnings Results

Crest Nicholson (LON:CRST) announced its quarterly earnings data on Tuesday. The company reported GBX 5.60 ($0.07) earnings per share 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 Stock Down 0.3 %

Shares of Crest Nicholson stock traded down GBX 0.50 ($0.01) on Thursday, hitting GBX 173.40 ($2.17). 860,257 shares of the company traded hands, compared to its average volume of 1,961,183. Crest Nicholson has a 12-month low of GBX 145.20 ($1.82) and a 12-month high of GBX 272.40 ($3.41). The company has a 50-day moving average price of GBX 169.60 and a 200 day moving average price of GBX 188.93. The company has a market cap of £444.46 million, a PE ratio of -1,734.00, a PEG ratio of 0.51 and a beta of 2.00. The company has a quick ratio of 0.72, a current ratio of 3.13 and a debt-to-equity ratio of 13.12.

Analysts Set New Price Targets

CRST has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised shares of Crest Nicholson to a “neutral” rating and raised their price target for the company from GBX 180 ($2.25) to GBX 190 ($2.38) in a report on Thursday, December 5th. Berenberg Bank cut their price target on Crest Nicholson from GBX 280 ($3.50) to GBX 215 ($2.69) and set a “hold” rating on the stock in a research note on Tuesday, October 22nd.

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.