Cushman & Wakefield (CWK) Dips More Than Broader Markets: What You Should Know

This story originally appeared on Zacks

Cushman & Wakefield (CWK) closed at $21.40 in the last trading session, posting a 1.47% move from the day before. This change delayed the S&P 500’s loss of 0.14% today. Meanwhile, the Dow Jones lost 0.45%, and the heavy Nasdaq lost 0.01%.

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Ahead of today’s trading, the company’s shares are up 1.97% over the past month. This delayed the finance sector’s gain by 3.74% and outpaced the S&P 500’s loss of 0.13% in that time.

Wall Street will be looking for positivity from Cushman & Wakefield as it approaches the next earnings report date. The company is expected to report earnings per share of $0.60, up 39.53% from the previous quarter. Meanwhile, our latest consensus estimate calls for revenue of $2.6 billion, up 14.17% from the prior year quarter.

Any recent changes to analyst estimates for Cushman & Wakefield should also be noted by investors. These recent reviews tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive rating reviews as a good sign of the company’s business outlook.

Research indicates that these discretionary revisions are directly related to the stock’s near-term price momentum. Investors can take advantage of this using Zacks Rank. This model takes into account these changes in grading and provides a simple and actionable rating system.

The Zacks Rank system, which ranges from #1 (strong buy) to #5 (strong sell), has an impressive externally audited track record of outperformance, with the #1 stock delivering a +25% average annual return since 1988. The shadow Zacks Consensus EPS is flat over the past month. Cushman & Wakefield is currently ranked 3rd (Hold) by Zacks.

Investors should also note Cushman & Wakefield’s current valuation metrics, including a forward price-to-earnings ratio of 11.01. This valuation represents a discount compared to the industry’s forward P/E average of 19.27.

We can also see that CWK currently has a PEG ratio of 1.1. The price-earnings-growth (PEG) ratio is similar to the widely used price-to-earnings (P/E) ratio, but this metric also takes into account a company’s expected earnings growth rate. The average P/E ratio for the CWK industry was 1.75 as of yesterday’s close.

Real Estate – Operations industry is part of the financial sector. The industry currently has a Zacks Industry Rating of 89, placing it in the top 35% of all 250+ industries.

The Zacks Industry Ranking measures the strength of our individual industry groups by measuring the average Zacks rating of the individual stocks within the groups. Our research shows that industries ranked 50% outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to keep track of all these stock movement metrics and more in upcoming trading sessions.

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