After finishing at $7.65 in the prior trading day, Cushman & Wakefield plc (NYSE: CWK) closed at $8.11, up 6.01%. In other words, the price has increased by $+0.46 from its previous closing price. On the day, 4004639 shares were traded. CWK stock price reached its highest trading level at $8.12 during the session, while it also had its lowest trading level at $7.54.
Ratios:
Our goal is to gain a better understanding of CWK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 1.96 whereas as Long-Term Debt/Eq ratio is at 1.93.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on April 17, 2023, Downgraded its rating to Neutral and sets its target price to $10 from $19 previously.
On April 10, 2023, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $15.50 to $11.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 13 when MACKAY MICHELLE bought 3,500 shares for $14.64 per share. The transaction valued at 51,240 led to the insider holds 50,760 shares of the business.
Robinson Nathaniel sold 15,231 shares of CWK for $267,761 on Jun 03. The insider now owns 22,580 shares after completing the transaction at $17.58 per share. On May 31, another insider, TPG GP A, LLC, who serves as the 10% Owner of the company, sold 2,920,717 shares for $18.39 each. As a result, the insider received 53,697,382 and left with 34,832,955 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CWK now has a Market Capitalization of 1.81B and an Enterprise Value of 4.95B. As of this moment, Cushman’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.42, and their Forward P/E ratio for the next fiscal year is 4.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is 7.53.
Stock Price History:
Over the past 52 weeks, CWK has reached a high of $19.15, while it has fallen to a 52-week low of $7.16. The 50-Day Moving Average of the stock is 9.53, while the 200-Day Moving Average is calculated to be 12.22.
Shares Statistics:
The stock has traded on average 2.53M shares per day over the past 3-months and 4.01M shares per day over the last 10 days, according to various share statistics. A total of 225.70M shares are outstanding, with a floating share count of 162.97M. Insiders hold about 0.10% of the company’s shares, while institutions hold 85.50% stake in the company. Shares short for CWK as of Apr 27, 2023 were 19.06M with a Short Ratio of 19.06M, compared to 17.63M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.39% and a Short% of Float of 18.06%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0.25 for the current quarter, with a high estimate of $0.37 and a low estimate of $0.18, while EPS last year was $0.63. The consensus estimate for the next quarter is $0.41, with high estimates of $0.45 and low estimates of $0.33.
Analysts are recommending an EPS of between $1.41 and $0.92 for the fiscal current year, implying an average EPS of $1.18. EPS for the following year is $1.74, with 4 analysts recommending between $1.91 and $1.46.
Revenue Estimates
2 analysts predict $2.03B in revenue for the current quarter. It ranges from a high estimate of $2.42B to a low estimate of $1.64B. As of the current estimate, Cushman & Wakefield plc’s year-ago sales were $1.92B, an estimated increase of 5.90% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $2.19B, an increase of 24.00% over than the figure of $5.90% in the same quarter last year. There is a high estimate of $2.58B for the next quarter, whereas the lowest estimate is $1.81B.
A total of 2 analysts have provided revenue estimates for CWK’s current fiscal year. The highest revenue estimate was $10.09B, while the lowest revenue estimate was $6.93B, resulting in an average revenue estimate of $8.51B. In the same quarter a year ago, actual revenue was $10.11B, down -15.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $9.11B in the next fiscal year. The high estimate is $10.79B and the low estimate is $7.43B. The average revenue growth estimate for next year is up 7.00% from the average revenue estimate for this year.