Cushman & Wakefield PLC (NYSE:CWK) insider Duncan Palmer sold 3,599 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $18.82, for a total value of $67,733.18.
Shares of NYSE:CWK traded down $0.05 during trading on Friday, hitting $18.45. 544 shares of the company traded hands, compared to its average volume of 445,497. The stock has a market capitalization of $4.03 billion and a price-to-earnings ratio of -16.97. The business’s fifty day moving average is $17.61 and its 200-day moving average is $18.12. Cushman & Wakefield PLC has a one year low of $13.25 and a one year high of $20.62. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.42.
Cushman & Wakefield (NYSE:CWK) last posted its earnings results on Thursday, August 1st. The company reported $0.39 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.39. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.14 billion. Cushman & Wakefield had a positive return on equity of 4.21% and a negative net margin of 0.96%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.46 earnings per share. On average, analysts forecast that Cushman & Wakefield PLC will post 0.56 EPS for the current year.
CWK has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on Cushman & Wakefield from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, September 12th. Zacks Investment Research upgraded Cushman & Wakefield from a “sell” rating to a “hold” rating in a research note on Monday. Compass Point started coverage on Cushman & Wakefield in a research note on Wednesday, July 10th. They issued a “neutral” rating on the stock. Finally, ValuEngine lowered Cushman & Wakefield from a “buy” rating to a “hold” rating in a report on Saturday, September 14th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $20.50.
About Cushman & Wakefield
Cushman & Wakefield plc provides commercial real estate services under the Cushman & Wakefield brand in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It offers integrated facilities management, project and development, portfolio administration, transaction management, and strategic consulting services; property management services, including client accounting, engineering and operations, lease compliance administration, project and development, and sustainability services; and janitorial, maintenance, critical environment management, landscaping, and office services.
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