Analyst Expects Cushman & Wakefield plc (NYSE: CWK) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed Cushman & Wakefield Reports Financial Results for the Fourth Quarter and Full Year 2023.

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Stocks Info

As a NYSE listed company, CWK falls under the Real Estate sector while operating within the Real Estate Services industry segment. At the end of the last regular session, the stock closed at $11.14 and fluctuated between $11.50 as its day high and $11.06 as its day low. The current market capitalization of Cushman & Wakefield plc is $2.53B. A total of 3.53 million shares were traded on the day, compared to an average of 2.32M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CWK has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 33 BUYs and 27 SELLs from insiders. Insiders purchased 642,503 shares during that period but sold 16,307,771.

In the most recent transaction, Robinson Nathaniel sold 20,000 shares of CWK for 8.82 per share on Dec 08. After the transaction, the insider now owns 29,459 company shares. In a previous transaction on Nov 07, TPG GP A, LLC sold 10,000,000 shares at 7.63 per share. CWK shares that 10% Owner owns now total 24,832,955.

Among the insiders who sold shares, PAGAC Drone Holding GP I Ltd disposed of 3,000,000 shares on Jun 08 at a per-share price of $8.62. This resulted in the 10% Owner holding 22,717,475 shares of CWK after the transaction. In another insider transaction, McLean Jodie W. sold 15,000 shares at $7.84 per share on Jun 01. Company shares held by the Director now total 33,176.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CWK in the last 3 months, the mean price target is $11.00 with high estimates of $14.00 and low estimates of $9.00. In terms of 52-week highs and lows, CWK has a high of $14.23 and a low of $6.24.

As of this writing, CWK has an earnings estimate of $0.4 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.46 per share and a lower estimate of $0.32. The company reported an EPS of $0.22 in the last quarter, which was 29.40% higher than expectations of $0.17.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CWK’s latest balance sheet shows that the firm has $770.70M in Cash & Short Term Investments as of fiscal 2021. There were $3.66B in debt and $2.43B in liabilities at the time. Its Book Value Per Share was $6.92, while its Total Shareholder’s Equity was $1.45B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CWK is Buy with a score of 3.88.

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