Cushman & Wakefield plc (CWK) Shares Plummet Below 1-Year High

Cushman & Wakefield plc (NYSE: CWK) has seen a decline in its stock price by -1.38 in relation to its previous close of 13.03. However, the company has experienced a 0.39% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-16 that CHICAGO–(BUSINESS WIRE)– #cre–Cushman & Wakefield (NYSE: CWK) announced that it has successfully completed a repricing of approximately $1.0 billion of its Term Loan issued in April 2024 due 2030 (“Term Loan”). The repricing reduces the applicable interest rate on the Term Loan by 50 basis points from Term SOFR plus 3.75% to Term SOFR plus 3.25%. There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged. Additionally, on Octob.

Is It Worth Investing in Cushman & Wakefield plc (NYSE: CWK) Right Now?

Cushman & Wakefield plc (NYSE: CWK) has a higher price-to-earnings ratio of 146.52x compared to its average ratio. CWK has 36-month beta value of 1.31. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for CWK is 226.37M, and currently, short sellers hold a 6.13% ratio of that float. The average trading volume of CWK on October 23, 2024 was 2.01M shares.

CWK’s Market Performance

The stock of Cushman & Wakefield plc (CWK) has seen a 0.39% increase in the past week, with a -4.67% drop in the past month, and a 3.30% gain in the past quarter. The volatility ratio for the week is 2.48%, and the volatility levels for the past 30 days are at 2.56% for CWK. The simple moving average for the past 20 days is -1.38% for CWK’s stock, with a 14.69% simple moving average for the past 200 days.

Analysts’ Opinion of CWK

Many brokerage firms have already submitted their reports for CWK stocks, with Jefferies repeating the rating for CWK by listing it as a “Buy.” The predicted price for CWK in the upcoming period, according to Jefferies is $13 based on the research report published on April 10, 2024 of the current year 2024.

Raymond James gave a rating of “Outperform” to CWK, setting the target price at $13 in the report published on April 03rd of the current year.

CWK Trading at -1.18% 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 -8.15% of loss for the given period.

Volatility was left at 2.56%, however, over the last 30 days, the volatility rate increased by 2.48%, as shares sank -5.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.76% upper at present.

During the last 5 trading sessions, CWK rose by +0.39%, which changed the moving average for the period of 200-days by +29.67% in comparison to the 20-day moving average, which settled at $13.03. In addition, Cushman & Wakefield plc saw 18.98% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CWK starting from TPG GP A, LLC, who sale 17,098,001 shares at the price of $11.00 back on May 22 ’24. After this action, TPG GP A, LLC now owns 0 shares of Cushman & Wakefield plc, valued at $188,078,011 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:

  • 0.03 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 0.05. Equity return is now at value 1.26, with 0.27 for asset returns.

Based on Cushman & Wakefield plc (CWK), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.89. The interest coverage ratio of the stock is -7.93.

Currently, EBITDA for the company is 532.6 million with net debt to EBITDA at 5.12. When we switch over and look at the enterprise to sales, we see a ratio of 0.62. The receivables turnover for the company is 5.34for trailing twelve months and the total asset turnover is 1.27.

Conclusion

To put it simply, Cushman & Wakefield plc (CWK) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts