Crest Nicholson (LON:CRST) Announces Earnings Results

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

Crest Nicholson Price Performance

CRST stock opened at GBX 165.20 ($2.06) on Tuesday. The firm has a market cap of £423.44 million, a price-to-earnings ratio of -1,652.00, a PEG ratio of 0.51 and a beta of 2.00. The company’s fifty day simple moving average is GBX 169.02 and its 200 day simple moving average is GBX 190.14. The company has a quick ratio of 0.72, a current ratio of 3.13 and a debt-to-equity ratio of 13.12. Crest Nicholson has a 12-month low of GBX 145.20 ($1.81) and a 12-month high of GBX 272.40 ($3.39).

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CRST. JPMorgan Chase & Co. upgraded Crest Nicholson to a “neutral” rating and increased their target price for the company from GBX 180 ($2.24) to GBX 190 ($2.36) in a report on Thursday, December 5th. Berenberg Bank cut their target price 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 report on Tuesday, October 22nd.

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.