In the past week, CWK stock has gone up by 2.23%, with a monthly gain of 1.31% and a quarterly plunge of -6.76%. The volatility ratio for the week is 2.67%, and the volatility levels for the last 30 days are 2.86% for Cushman & Wakefield plc The simple moving average for the last 20 days is 1.66% for CWK’s stock, with a simple moving average of 10.54% for the last 200 days.
Is It Worth Investing in Cushman & Wakefield plc (NYSE: CWK) Right Now?
Moreover, the 36-month beta value for CWK is 1.34. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CWK is 207.39M and currently, short sellers hold a 6.18% of that float. On April 03, 2024, CWK’s average trading volume was 2.11M shares.
CWK) stock’s latest price update
Cushman & Wakefield plc (NYSE: CWK) has experienced a decline in its stock price by -1.66 compared to its previous closing price of 10.24. However, the company has seen a gain of 2.23% in its stock price over the last five trading days. Seeking Alpha reported 2024-02-20 that Cushman & Wakefield plc (CWK) Q4 2023 Earnings Call Transcript
Analysts’ Opinion of CWK
Many brokerage firms have already submitted their reports for CWK stocks, with Wolfe Research repeating the rating for CWK by listing it as a “Outperform.” The predicted price for CWK in the upcoming period, according to Wolfe Research is $12 based on the research report published on December 08, 2023 of the previous year 2023.
UBS, on the other hand, stated in their research note that they expect to see CWK reach a price target of $10, previously predicting the price at $19. The rating they have provided for CWK stocks is “Neutral” according to the report published on April 17th, 2023.
Goldman gave a rating of “Neutral” to CWK, setting the target price at $11 in the report published on April 10th of the previous year.
CWK Trading at -0.73% from the 50-Day Moving Average
After a stumble in the market that brought CWK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.37% of loss for the given period.
Volatility was left at 2.86%, however, over the last 30 days, the volatility rate increased by 2.67%, as shares surge +2.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.60% upper at present.
During the last 5 trading sessions, CWK rose by +2.23%, which changed the moving average for the period of 200-days by +13.27% in comparison to the 20-day moving average, which settled at $9.92. In addition, Cushman & Wakefield plc saw -6.76% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CWK starting from TPG GP A, LLC, who sale 7,734,954 shares at the price of $9.74 back on Feb 29 ’24. After this action, TPG GP A, LLC now owns 17,098,001 shares of Cushman & Wakefield plc, valued at $75,338,452 using the latest closing price.
Robinson Nathaniel, the of Cushman & Wakefield plc, sale 40,000 shares at $9.99 during a trade that took place back on Feb 29 ’24, which means that Robinson Nathaniel is holding 40,427 shares at $399,600 based on the most recent closing price.
Stock Fundamentals for CWK
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.17 for the gross margin
The net margin for Cushman & Wakefield plc stands at -0.0. The total capital return value is set at 0.04. Equity return is now at value -2.12, with -0.45 for asset returns.
Based on Cushman & Wakefield plc (CWK), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 2.13. The interest coverage ratio of the stock is -15.96.
Currently, EBITDA for the company is 532.6 million with net debt to EBITDA at 5.32. When we switch over and look at the enterprise to sales, we see a ratio of 0.54. The receivables turnover for the company is 5.14for trailing twelve months and the total asset turnover is 1.22.
Conclusion
To wrap up, the performance of Cushman & Wakefield plc (CWK) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
