Cushman & Wakefield plc (NYSE: CWK) is -21.48% 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 $10.06 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $10.27, the stock is 0.82% and 7.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing 2.09% at the moment leaves the stock -16.21% off its SMA200. CWK registered -7.56% loss for a year compared to 6-month loss of -32.88%. The firm has a 50-day simple moving average (SMA 50) of $9.5792 and a 200-day simple moving average (SMA200) of $12.2568.
The stock witnessed a 2.60% gain in the last 1 month and extending the period to 3 months gives it a -12.00%, and is 2.91% 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 1.58% over the week and 2.85% over the month.
Cushman & Wakefield plc (CWK) has around 52000 employees, a market worth around $2.38B and $9.55B in sales. Current P/E ratio is 14.84 and Fwd P/E is 7.72. Profit margin for the company is 1.70%. Distance from 52-week low is 34.42% and -36.25% from its 52-week high. The company has generated returns on investments over the last 12 months (3.28%).
with sales reaching $2.38B over the same period.The EPS is expected to grow by 42.39% this year, but quarterly earnings will post 5.03% year-over-year. Quarterly sales are estimated to grow 4.15% in year-over-year returns.
393.0 institutions hold shares in Cushman & Wakefield plc (CWK), with institutional investors hold 98.37% of the company’s shares. The shares outstanding are 231.28M, and float is at 228.46M with Short Float at 4.85%. Institutions hold 97.20% 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.
