Crest Nicholson (LON:CRST) Posts Quarterly Earnings Results

Crest Nicholson (LON:CRST) released 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 Performance

CRST stock opened at GBX 169.40 ($2.11) on Wednesday. The firm has a 50-day simple moving average of GBX 169.44 and a two-hundred day simple moving average of GBX 189.60. 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 one year low of GBX 145.20 ($1.81) and a one year high of GBX 272.40 ($3.40). The firm has a market cap of £434.21 million, a price-to-earnings ratio of -1,694.00, a PEG ratio of 0.51 and a beta of 2.00.

Wall Street Analysts Forecast Growth

CRST has been the subject of several recent research reports. Berenberg Bank reduced their price target on shares of Crest Nicholson from GBX 280 ($3.49) to GBX 215 ($2.68) and set a “hold” rating for the company in a report on Tuesday, October 22nd. JPMorgan Chase & Co. raised shares of Crest Nicholson to a “neutral” rating and boosted their price objective for the stock from GBX 180 ($2.25) to GBX 190 ($2.37) in a research note 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.