Crest Nicholson (LON:CRST) Announces Quarterly Earnings Results

Crest Nicholson (LON:CRST) issued its quarterly 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 net margin of 4.21% and a negative return on equity of 3.17%.

Crest Nicholson Trading Down 7.0 %

Shares of Crest Nicholson stock opened at GBX 162.90 ($2.03) on Tuesday. The company has a debt-to-equity ratio of 13.12, a quick ratio of 0.72 and a current ratio of 3.13. Crest Nicholson has a 52 week low of GBX 145.20 ($1.81) and a 52 week high of GBX 272.40 ($3.39). The stock has a 50 day moving average price of GBX 169.02 and a two-hundred day moving average price of GBX 190.14. The stock has a market capitalization of £417.55 million, a PE ratio of -1,629.00, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

Analysts Set New Price Targets

CRST has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised Crest Nicholson to a “neutral” rating and raised their target price for the stock from GBX 180 ($2.24) to GBX 190 ($2.36) in a research note on Thursday, December 5th. Berenberg Bank lowered their price objective on shares of Crest Nicholson from GBX 280 ($3.48) to GBX 215 ($2.67) and set a “hold” rating for the company 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.