The price of Cushman & Wakefield plc (NYSE: CWK) closed at $9.68 in the last session, down -1.43% from day before closing price of $9.82. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 2095937 shares were traded. CWK stock price reached its highest trading level at $9.94 during the session, while it also had its lowest trading level at $9.58.
Ratios:
We take a closer look at CWK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.94. In the meantime, Its Debt-to-Equity ratio is 2.13 whereas as Long-Term Debt/Eq ratio is at 2.04.
On April 17, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $19 to $10.
Goldman Downgraded its Buy to Neutral on April 10, 2023, whereas the target price for the stock was revised from $15.50 to $11.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 08 when Robinson Nathaniel sold 20,000 shares for $8.82 per share. The transaction valued at 176,400 led to the insider holds 29,459 shares of the business.
TPG GP A, LLC sold 10,000,000 shares of CWK for $76,300,000 on Nov 07. The 10% Owner now owns 24,832,955 shares after completing the transaction at $7.63 per share. On Jun 08, another insider, PAGAC Drone Holding GP I Ltd, who serves as the 10% Owner of the company, sold 3,000,000 shares for $8.62 each. As a result, the insider received 25,875,000 and left with 22,717,475 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CWK now has a Market Capitalization of 2.23B and an Enterprise Value of 5.03B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is 10.17.
Stock Price History:
Over the past 52 weeks, CWK has reached a high of $13.26, while it has fallen to a 52-week low of $6.24. The 50-Day Moving Average of the stock is 10.32, while the 200-Day Moving Average is calculated to be 8.89.
Shares Statistics:
According to the various share statistics, CWK traded on average about 2.44M shares per day over the past 3-months and 2.96M shares per day over the past 10 days. A total of 227.28M shares are outstanding, with a floating share count of 200.01M. Insiders hold about 12.02% of the company’s shares, while institutions hold 85.40% stake in the company. Shares short for CWK as of Jan 31, 2024 were 13.57M with a Short Ratio of 5.56, compared to 13.32M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.97% and a Short% of Float of 12.83%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.09 and a low estimate of -$0.03, while EPS last year was -$0.04. The consensus estimate for the next quarter is $0.24, with high estimates of $0.26 and low estimates of $0.22.
Analysts are recommending an EPS of between $1.15 and $0.95 for the fiscal current year, implying an average EPS of $1.04. EPS for the following year is $1.29, with 6 analysts recommending between $1.37 and $1.2.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $2.05B. It ranges from a high estimate of $2.23B to a low estimate of $1.88B. As of the current estimate, Cushman & Wakefield plc’s year-ago sales were $2.25B, an estimated decrease of -8.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $2.24B, a decrease of -7.00% over than the figure of -$8.80% in the same quarter last year. There is a high estimate of $2.41B for the next quarter, whereas the lowest estimate is $2.07B.
A total of 5 analysts have provided revenue estimates for CWK’s current fiscal year. The highest revenue estimate was $9.84B, while the lowest revenue estimate was $8.5B, resulting in an average revenue estimate of $9.4B. In the same quarter a year ago, actual revenue was $9.49B, down -1.00% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $10B in the next fiscal year. The high estimate is $10.47B and the low estimate is $8.96B. The average revenue growth estimate for next year is up 6.40% from the average revenue estimate for this year.
