Cushman & Wakefield plc (NYSE: CWK) is -34.86% lower on its value in year-to-date trading and has touched a low of $7.64 and a high of $16.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CWK stock was last observed hovering at around $8.18 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $8.52, the stock is -5.06% and -19.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.53 million and changing 4.16% at the moment leaves the stock -32.44% off its SMA200. CWK registered -8.68% loss for a year compared to 6-month loss of -36.47%. The firm has a 50-day simple moving average (SMA 50) of $10.6326 and a 200-day simple moving average (SMA200) of $12.6211.
The stock witnessed a -21.04% gain in the last 1 month and extending the period to 3 months gives it a -36.08%, and is 3.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.03% over the week and 5.74% over the month.
Cushman & Wakefield plc (CWK) has around 52000 employees, a market worth around $1.89B and $9.45B in sales. Current P/E ratio is 15.28 and Fwd P/E is 6.63. Profit margin for the company is 1.39%. Distance from 52-week low is 11.52% and -47.11% from its 52-week high. The company has generated returns on investments over the last 12 months (2.64%).
with sales reaching $2.24B over the same period.The EPS is expected to grow by 38.30% this year, but quarterly earnings will post 3.91% year-over-year. Quarterly sales are estimated to grow 2.37% in year-over-year returns.
370.0 institutions hold shares in Cushman & Wakefield plc (CWK), with institutional investors hold 100.93% of the company’s shares. The shares outstanding are 229.70M, and float is at 228.57M with Short Float at 4.04%. Institutions hold 99.77% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 35.55 million shares valued at $369.74 million. The investor’s holdings represent 15.525 of the CWK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 22.38 million shares valued at $232.76 million to account for 9.7734 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 16.08 million shares representing 7.0219 and valued at over $167.23 million, while VICTORY CAPITAL MANAGEMENT INC holds 4.5612 of the shares totaling 10.4 million with a market value of $108.11 million.
Cushman & Wakefield plc (CWK) Insider Activity
The most recent transaction is an insider sale by TPG GP A, LLC, the company’s Former 10% Owner. SEC filings show that TPG GP A, LLC sold 17,098,001 shares of the company’s common stock on May 22 ’24 at a price of $11.00 per share for a total of $188.08 million. Following the sale, the insider now owns 0.0 shares.
