In the latest session, Cushman & Wakefield plc (NYSE: CWK) closed at $9.90 down -2.37% from its previous closing price of $10.14. On the day, 1396953 shares were traded.
Ratios:
For a deeper understanding of Cushman & Wakefield plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.19. In the meantime, Its Debt-to-Equity ratio is 2.13 whereas as Long-Term Debt/Eq ratio is at 2.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on April 10, 2024, initiated with a Buy rating and assigned the stock a target price of $13.
Raymond James Downgraded its Strong Buy to Outperform on April 03, 2024, while the target price for the stock was maintained at $13.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2.27B and an Enterprise Value of 5.07B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is 10.24.
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 10.16, while the 200-Day Moving Average is calculated to be 9.19.
Shares Statistics:
For the past three months, CWK has traded an average of 2.18M shares per day and 2.11M 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 85.05% stake in the company. Shares short for CWK as of Mar 15, 2024 were 12.83M with a Short Ratio of 5.56, 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
There are 8 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.03 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 $0.19.
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 $1.25, with 7 analysts recommending between $1.34 and $1.14.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $2.17B this quarter.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 -3.30% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $2.35B, a decrease of -2.10% over than the figure of -$3.30% in the same quarter last year. There is a high estimate of $2.45B for the next quarter, whereas the lowest estimate is $2.15B.
A total of 6 analysts have provided revenue estimates for CWK’s current fiscal year. The highest revenue estimate was $9.84B, while the lowest revenue estimate was $8.87B, resulting in an average revenue estimate of $9.63B. In the same quarter a year ago, actual revenue was $9.49B, up 1.50% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $10.2B in the next fiscal year. The high estimate is $10.55B and the low estimate is $9.39B. The average revenue growth estimate for next year is up 5.80% from the average revenue estimate for this year.
