Crest Nicholson (LON:CRST) Issues Earnings Results

Crest Nicholson (LON:CRST) issued its earnings results on Tuesday. The company reported GBX 5.60 ($0.07) 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 Down 0.3 %

Crest Nicholson stock traded down GBX 0.50 ($0.01) during trading on Thursday, reaching GBX 173.40 ($2.17). 860,257 shares of the company were exchanged, compared to its average volume of 1,961,183. The company has a debt-to-equity ratio of 13.12, a current ratio of 3.13 and a quick ratio of 0.72. The stock’s 50 day simple moving average is GBX 169.60 and its two-hundred day simple moving average is GBX 188.93. Crest Nicholson has a 52-week low of GBX 145.20 ($1.82) and a 52-week high of GBX 272.40 ($3.41). The company has a market capitalization of £444.46 million, a P/E ratio of -1,734.00, a PEG ratio of 0.51 and a beta of 2.00.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Berenberg Bank lowered their price objective on shares of Crest Nicholson from GBX 280 ($3.50) to GBX 215 ($2.69) and set a “hold” rating for the company in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. raised shares of Crest Nicholson to a “neutral” rating and raised their target price for the company from GBX 180 ($2.25) to GBX 190 ($2.38) in a report on Thursday, December 5th.

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.