In other words, the price has increased by $0.00 from its previous closing price. On the day, 1178563 shares were traded.
Ratios:
Our analysis of CWK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.02. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 29 ’24 when TPG GP A, LLC sold 7,734,954 shares for $9.74 per share. The transaction valued at 75,338,452 led to the insider holds 17,098,001 shares of the business.
Robinson Nathaniel sold 40,000 shares of CWK for $399,600 on Feb 29 ’24. The insider now owns 40,427 shares after completing the transaction at $9.99 per share. On Dec 08 ’23, another insider, Robinson Nathaniel, who serves as the insider of the company, sold 20,000 shares for $8.82 each. As a result, the insider received 176,400 and left with 29,459 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 2.22B and an Enterprise Value of 5.01B. 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 1.32. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is 10.14.
Stock Price History:
Over the past 52 weeks, CWK has reached a high of $11.76, while it has fallen to a 52-week low of $6.24. The 50-Day Moving Average of the stock is 10.15, while the 200-Day Moving Average is calculated to be 9.02.
Shares Statistics:
CWK traded an average of 2.31M shares per day over the past three months and 2.2M shares per day over the past ten days. A total of 227.28M shares are outstanding, with a floating share count of 207.39M. Insiders hold about 8.77% of the company’s shares, while institutions hold 85.44% stake in the company. Shares short for CWK as of Feb 29, 2024 were 14M with a Short Ratio of 6.06, compared to 13.57M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.16% and a Short% of Float of 13.23%.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.01 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 $0.27 and low estimates of $0.21.
Analysts are recommending an EPS of between $1.04 and $0.92 for the fiscal current year, implying an average EPS of $0.98. EPS for the following year is $1.26, with 4 analysts recommending between $1.34 and $1.2.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $2.26B to a low estimate of $2.23B. As of the current estimate, Cushman & Wakefield plc’s year-ago sales were $2.25B, an estimated decrease of -0.30% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $2.43B, an increase of 1.00% over than the figure of -$0.30% in the same quarter last year. There is a high estimate of $2.45B for the next quarter, whereas the lowest estimate is $2.41B.
A total of 4 analysts have provided revenue estimates for CWK’s current fiscal year. The highest revenue estimate was $9.83B, while the lowest revenue estimate was $9.65B, resulting in an average revenue estimate of $9.77B. In the same quarter a year ago, actual revenue was $9.49B, up 2.90% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $10.31B in the next fiscal year. The high estimate is $10.52B and the low estimate is $9.88B. The average revenue growth estimate for next year is up 5.50% from the average revenue estimate for this year.
