Cushman & Wakefield plc (CWK) – key numbers that make it a Strong Buy For Now

Cushman & Wakefield plc (NYSE: CWK) is -18.81% 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 $10.41 in the last trading session, with the day’s gains setting it 0.21%.

Currently trading at $10.62, the stock is 4.20% and 10.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing 2.02% at the moment leaves the stock -12.65% off its SMA200. CWK registered -0.09% loss for a year compared to 6-month loss of -30.54%.

The stock witnessed a 0.38% gain in the last 1 month and extending the period to 3 months gives it a -0.93%, and is 2.51% 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 2.58% over the week and 2.55% over the month.

Cushman & Wakefield plc (CWK) has around 52000 employees, a market worth around $2.46B and $9.55B in sales. Current P/E ratio is 15.34 and Fwd P/E is 7.95. Profit margin for the company is 1.70%. Distance from 52-week low is 39.01% and -34.08% 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 43.25% this year.

Cushman & Wakefield plc (CWK) Top Institutional Holders

The shares outstanding are 231.28M, and float is at 228.63M with Short Float at 3.68%.

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.