After finishing at $9.80 in the prior trading day, Cushman & Wakefield plc (NYSE: CWK) closed at $9.70, down -1.02%. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 1760347 shares were traded.
Ratios:
Our goal is to gain a better understanding of CWK by taking a closer look at its different ratios. 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 10.96. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2.21B and an Enterprise Value of 5.00B. 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 10.12.
Stock Price History:
Over the past 52 weeks, CWK has reached a high of $12.84, while it has fallen to a 52-week low of $6.24. The 50-Day Moving Average of the stock is 10.25, while the 200-Day Moving Average is calculated to be 8.98.
Shares Statistics:
The stock has traded on average 2.42M shares per day over the past 3-months and 3.06M shares per day over the last 10 days, according to various share statistics. A total of 227.28M shares are outstanding, with a floating share count of 207.38M. Insiders hold about 8.78% of the company’s shares, while institutions hold 85.42% stake in the company. Shares short for CWK as of Feb 15, 2024 were 14.22M with a Short Ratio of 5.89, compared to 12.97M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.25% and a Short% of Float of 13.43%.
Earnings Estimates
Its stock is currently analyzed by 2 different market 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 $0.26 and low estimates of $0.22.
Analysts are recommending an EPS of between $1.04 and $0.95 for the fiscal current year, implying an average EPS of $0.99. EPS for the following year is $1.27, with 2 analysts recommending between $1.34 and $1.2.
Revenue Estimates
1 analysts predict $2.23B in revenue for the current quarter. It ranges from a high estimate of $2.23B 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 -0.90% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for CWK’s current fiscal year. The highest revenue estimate was $9.82B, while the lowest revenue estimate was $9.79B, resulting in an average revenue estimate of $9.8B. In the same quarter a year ago, actual revenue was $9.49B, up 3.30% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $10.45B in the next fiscal year. The high estimate is $10.52B and the low estimate is $10.38B. The average revenue growth estimate for next year is up 6.60% from the average revenue estimate for this year.
