Cushman & Wakefield plc (NYSE: CWK) is -5.14% 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 $11.88 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $11.8, the stock is 2.40% and 8.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing -0.67% at the moment leaves the stock -0.86% off its SMA200. CWK registered -9.79% loss for a year compared to 6-month loss of -12.66%. The firm has a 50-day simple moving average (SMA 50) of $10.8278 and a 200-day simple moving average (SMA200) of $11.9022.
The stock witnessed a 7.37% gain in the last 1 month and extending the period to 3 months gives it a 34.09%, and is 3.42% 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 2.12% over the week and 2.97% over the month.
Cushman & Wakefield plc (CWK) has around 52000 employees, a market worth around $2.73B and $9.55B in sales. Current P/E ratio is 17.05 and Fwd P/E is 8.74. Profit margin for the company is 1.70%. Distance from 52-week low is 54.45% and -26.75% 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 45.68% this year.
Cushman & Wakefield plc (CWK) Top Institutional Holders
392.0 institutions hold shares in Cushman & Wakefield plc (CWK), with institutional investors hold 100.05% of the company’s shares. The shares outstanding are 231.28M, and float is at 228.59M with Short Float at 4.65%. Institutions hold 98.84% 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 4.5393 of the shares totaling 10.4 million with a market value of $108.11 million.
