Cushman & Wakefield plc (NYSE: CWK) is -20.80% 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 $10.55 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $10.36, the stock is 5.68% and 6.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing -1.80% at the moment leaves the stock -16.40% off its SMA200. CWK registered -8.96% loss for a year compared to 6-month loss of -28.25%.
The stock witnessed a 25.12% gain in the last 1 month and extending the period to 3 months gives it a -21.40%, and is -5.82% down 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 2.31% over the week and 3.36% over the month.
Cushman & Wakefield plc (CWK) has around 52000 employees, a market worth around $2.40B and $9.55B in sales. Current P/E ratio is 14.97 and Fwd P/E is 7.94. Profit margin for the company is 1.70%. Distance from 52-week low is 35.60% and -35.69% from its 52-week high. The company has generated returns on investments over the last 12 months (3.28%).
The EPS is expected to grow by 39.94% this year.
Cushman & Wakefield plc (CWK) Top Institutional Holders
The shares outstanding are 231.28M, and float is at 228.57M with Short Float at 4.34%.
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 4.5393 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.
