Cushman & Wakefield PLC (NYSE:CWK) Given Average Recommendation of “Moderate Buy” by Analysts

Cushman & Wakefield PLC (NYSE:CWK) has been given a consensus rating of “Moderate Buy” by the ten analysts that are covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $17.8750.

Several analysts have recently weighed in on CWK shares. Wall Street Zen upgraded shares of Cushman & Wakefield from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 3rd. UBS Group raised their price target on Cushman & Wakefield from $12.00 to $17.00 and gave the company a “neutral” rating in a research report on Friday, October 10th. Barclays began coverage on Cushman & Wakefield in a research note on Tuesday, December 2nd. They set an “equal weight” rating and a $18.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Cushman & Wakefield in a research report on Wednesday, October 8th. Finally, Citigroup raised Cushman & Wakefield from a “neutral” rating to a “buy” rating and set a $18.00 price objective on the stock in a report on Thursday, November 20th.

Institutional Investors Weigh In On Cushman & Wakefield

A number of institutional investors have recently made changes to their positions in CWK. Frontier Capital Management Co. LLC bought a new stake in Cushman & Wakefield in the second quarter worth $51,764,000. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Cushman & Wakefield by 46.2% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 12,156,514 shares of the company’s stock worth $134,573,000 after buying an additional 3,842,859 shares during the period. Channing Capital Management LLC bought a new stake in shares of Cushman & Wakefield in the 3rd quarter valued at about $55,665,000. Balyasny Asset Management L.P. boosted its holdings in Cushman & Wakefield by 128.6% during the 2nd quarter. Balyasny Asset Management L.P. now owns 2,879,485 shares of the company’s stock valued at $31,876,000 after acquiring an additional 1,620,143 shares during the period. Finally, Millennium Management LLC grew its position in Cushman & Wakefield by 374.6% during the 3rd quarter. Millennium Management LLC now owns 1,716,049 shares of the company’s stock worth $27,320,000 after acquiring an additional 1,354,476 shares during the last quarter. Hedge funds and other institutional investors own 95.56% of the company’s stock.

Cushman & Wakefield Stock Performance

NYSE:CWK opened at $16.61 on Friday. The stock has a market cap of $3.85 billion, a P/E ratio of 17.30 and a beta of 1.47. 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 business’s 50-day moving average price is $15.95 and its two-hundred day moving average price is $14.94. Cushman & Wakefield has a twelve month low of $7.64 and a twelve month high of $17.33.

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, topping the consensus estimate of $0.28 by $0.01. Cushman & Wakefield had a net margin of 2.23% and a return on equity of 14.69%. The company had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same period in the prior year, the business earned $0.23 earnings per share. Cushman & Wakefield’s revenue for the quarter was up 11.2% compared to the same quarter last year. Cushman & Wakefield has set its FY 2025 guidance at 1.180-1.230 EPS. As a group, equities analysts predict that Cushman & Wakefield will post 1.2 EPS for the current fiscal year.

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.