Cushman & Wakefield plc (NYSE:CWK) Relative Strength Index (RSI) is 63.43, with weekly volatility at 2.97% and ATR at 0.55. The CWK stock’s 52-week price range has touched low of $9.83 and a $19.13 high. Intraday shares traded counted 0.86 million, which was -3.83% lower than its 30-day average trading volume of 831.21K. Its shares traded lower over the last trading session, losing -0.89% on 05/25/21. The shares fell to a low of $18.91 before closing at $18.92. CWK’s previous close was $19.09 while the outstanding shares total 222.30M.
Investors have identified the Real Estate Services company Cushman & Wakefield plc as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.23 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Cushman & Wakefield plc (CWK) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For CWK, the company has in raw cash 1.02 billion on their books with 40.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 2.72 billion total, with 1.98 billion as their total liabilities.
CWK were able to record -29.3 million as free cash flow during the 09/08/2021 quarter of the year, this saw their quarterly net cash flow reduce by -62.3 million. In cash movements, the company had a total of -16.4 million as operating cash flow.
Potential earnings growth for Cushman & Wakefield plc (CWK)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 09/08/2021 quarter of the year, Cushman & Wakefield plc recorded a total of 1.92 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 1.48% coming in sequential stages and their sales for the 09/08/2021 quarter reducing by -18.16%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.59 billion trying to sell their products during the last quarter, with the result yielding a gross income of 334.3 million. This allows shareholders to hold on to 222.30M with the recently reported earning now reading -0.08 cents per share. This is a figure that compared to analyst’s prediction for their 09/08/2021 (-0.08 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.51 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CWK sounds very interesting.
Is the stock of CWK attractive?
In related news, Executive Chairman and CEO, WHITE W BRETT sold 3,205 shares of the company’s stock in a transaction that recorded on May 17. The sale was performed at an average price of 18.05, for a total value of 57,850. As the sale deal closes, the Executive Chairman and CEO, WHITE W BRETT now sold 63,801 shares of the company’s stock, valued at 1,198,821. Also, Global President, Forrester John sold 21,525 shares of the company’s stock in a deal that was recorded on May 14. The shares were price at an average price of 18.80 per share, with a total market value of 404,670. Following this completion of acquisition, the 10% Owner, PAGAC Drone Holding GP I Ltd now holds 4,583,655 shares of the company’s stock, valued at 79,113,885. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.80%.
4 out of 9 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Cushman & Wakefield plc. 0 analysts has assigned a Sell rating on the CWK stock. The 12-month mean consensus price target for the company’s shares has been set at $19.00.