Cushman & Wakefield (CWK) Projected to Post Quarterly Earnings on Thursday

Cushman & Wakefield (NYSE:CWK) is projected to announce its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.45 per share and revenue of $2.67 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Cushman & Wakefield Price Performance

CWK stock opened at $12.77 on Thursday. The company has a fifty day simple moving average of $13.45 and a two-hundred day simple moving average of $13.41. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $2.93 billion, a P/E ratio of 34.51 and a beta of 1.34. Cushman & Wakefield has a 52 week low of $9.24 and a 52 week high of $16.11.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. raised their price target on Cushman & Wakefield from $14.00 to $17.00 and gave the stock a “neutral” rating in a research report on Monday, December 16th. The Goldman Sachs Group began coverage on shares of Cushman & Wakefield in a research note on Friday, December 6th. They set a “sell” rating and a $15.00 price target for the company. Finally, Jefferies Financial Group downgraded Cushman & Wakefield from a “buy” rating to a “hold” rating and reduced their price target for the stock from $18.00 to $14.00 in a report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Cushman & Wakefield presently has a consensus rating of “Hold” and an average target price of $15.50.

Cushman & Wakefield Company Profile

Cushman & Wakefield Plc engages in the provision of commercial real estate services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC). The Americas segment consists of operations located in the United States, Canada and key markets in Latin America.