The price of Cushman & Wakefield plc (NYSE: CWK) closed at $10.31 in the last session, up 0.88% from day before closing price of $10.22. In other words, the price has increased by $+0.09 from its previous closing price. On the day, 3583912 shares were traded.
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 2.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.65. In the meantime, Its Debt-to-Equity ratio is 2.13 whereas as Long-Term Debt/Eq ratio is at 2.04.
On December 08, 2023, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $12.
UBS Downgraded its Buy to Neutral on April 17, 2023, whereas the target price for the stock was revised from $19 to $10.
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 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 2.34B and an Enterprise Value of 5.14B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 0.54 whereas that against EBITDA is 10.40.
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 9.12.
Shares Statistics:
According to the various share statistics, CWK traded on average about 2.11M shares per day over the past 3-months and 1.82M shares per day over the past 10 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 85.04% stake in the company. Shares short for CWK as of Mar 15, 2024 were 12.83M with a Short Ratio of 6.09, compared to 14.22M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.64% and a Short% of Float of 12.12%.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.1, 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
According to 3 analysts, the current quarter’s revenue is expected to be $2.16B. It ranges from a high estimate of $2.26B to a low estimate of $1.98B. As of the current estimate, Cushman & Wakefield plc’s year-ago sales were $2.25B, an estimated decrease of -4.10% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $2.34B, a decrease of -2.90% over than the figure of -$4.10% in the same quarter last year. There is a high estimate of $2.45B for the next quarter, whereas the lowest estimate is $2.15B.
A total of 5 analysts have provided revenue estimates for CWK’s current fiscal year. The highest revenue estimate was $9.83B, while the lowest revenue estimate was $8.87B, resulting in an average revenue estimate of $9.59B. In the same quarter a year ago, actual revenue was $9.49B, up 1.00% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $10.12B in the next fiscal year. The high estimate is $10.52B and the low estimate is $9.39B. The average revenue growth estimate for next year is up 5.50% from the average revenue estimate for this year.
