Cushman & Wakefield (CWK) Scheduled to Post Earnings on Monday

Cushman & Wakefield (NYSE:CWK) will be posting its quarterly earnings results after the market closes on Monday, July 29th. Analysts expect Cushman & Wakefield to post earnings of $0.19 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Cushman & Wakefield Stock Performance

CWK stock opened at $13.54 on Friday. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 338.50 and a beta of 1.33. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.89. Cushman & Wakefield has a twelve month low of $6.24 and a twelve month high of $13.64. The business’s fifty day simple moving average is $11.07 and its two-hundred day simple moving average is $10.46.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on CWK shares. JPMorgan Chase & Co. lifted their target price on Cushman & Wakefield from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Friday, June 21st. Wolfe Research reaffirmed a “peer perform” rating on shares of Cushman & Wakefield in a report on Tuesday, April 9th. Jefferies Financial Group began coverage on Cushman & Wakefield in a report on Wednesday, April 10th. They set a “buy” rating and a $13.00 target price for the company. Finally, Raymond James lifted their price target on Cushman & Wakefield from $14.00 to $16.00 and gave the company an “outperform” rating in a research report on Thursday. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Cushman & Wakefield has a consensus rating of “Hold” and an average price target of $12.08.

Insider Activity

In related news, major shareholder Tpg Gp A, Llc sold 17,098,001 shares of the business’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $11.00, for a total transaction of $188,078,011.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.01% of the company’s stock.

About Cushman & Wakefield

Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally. The company operates through Americas; Europe, Middle East and Africa; and Asia Pacific segments.