Cushman & Wakefield (NYSE:CWK) Sets New 12-Month High – Still a Buy?

Cushman & Wakefield PLC (NYSE:CWK)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $17.40 and last traded at $16.94, with a volume of 171483 shares traded. The stock had previously closed at $17.03.

Wall Street Analyst Weigh In

CWK has been the subject of several analyst reports. Wall Street Zen upgraded shares of Cushman & Wakefield from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 3rd. UBS Group boosted their target price on shares of Cushman & Wakefield from $12.00 to $17.00 and gave the company a “neutral” rating in a research note on Friday, October 10th. Barclays restated a “positive” rating and issued a $19.00 target price on shares of Cushman & Wakefield in a report on Tuesday, January 13th. Zacks Research downgraded Cushman & Wakefield from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, Citigroup raised Cushman & Wakefield from a “neutral” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Thursday, November 20th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.56.

Cushman & Wakefield Trading Down 1.1%

The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.39. The company has a 50-day moving average price of $16.14 and a 200-day moving average price of $15.25. The company has a market capitalization of $3.90 billion, a price-to-earnings ratio of 17.56 and a beta of 1.47.

Cushman & Wakefield (NYSE:CWK) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.51 billion. Cushman & Wakefield had a return on equity of 14.69% and a net margin of 2.23%.Cushman & Wakefield’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.23 earnings per share. Cushman & Wakefield has set its FY 2025 guidance at 1.180-1.230 EPS. Research analysts predict that Cushman & Wakefield PLC will post 1.2 EPS for the current fiscal year.

Institutional Trading of Cushman & Wakefield

Several large investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Cushman & Wakefield by 5.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 11,461 shares of the company’s stock valued at $174,000 after buying an additional 600 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of Cushman & Wakefield by 12.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 6,201 shares of the company’s stock valued at $99,000 after purchasing an additional 667 shares during the period. Amalgamated Bank boosted its position in shares of Cushman & Wakefield by 1.2% in the 3rd quarter. Amalgamated Bank now owns 66,655 shares of the company’s stock worth $1,061,000 after purchasing an additional 821 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Cushman & Wakefield by 18.3% during the third quarter. GAMMA Investing LLC now owns 5,612 shares of the company’s stock worth $89,000 after purchasing an additional 867 shares during the period. Finally, Yousif Capital Management LLC grew its stake in shares of Cushman & Wakefield by 1.0% during the second quarter. Yousif Capital Management LLC now owns 90,691 shares of the company’s stock worth $1,004,000 after purchasing an additional 934 shares during the period. 95.56% of the stock is owned by institutional investors.

Cushman & Wakefield Company Profile

Cushman & Wakefield is a leading global commercial real estate services firm headquartered in Chicago. The company provides a wide range of services to occupiers and investors, specializing in transaction management, property management, facilities management and project management. Its clientele spans corporate occupiers, landlords, investors and government entities seeking solutions to optimize their real estate portfolios and operations.

The firm’s core offerings include leasing advisory for office, industrial, retail and multifamily properties, as well as capital markets advice on acquisitions, dispositions and debt and equity placements.