CWK Stock Summary and Trading Ideas (Cushman & Wakefield PLC | NYSE:CWK)

Cushman & Wakefield is one of the largest commercial real estate services firms in the world, with global headquarters in Chicago. The firm provides various real estate-related services to owners, occupiers, and investors. These include brokerage services for leasing and capital markets sales as well as advisory services such valuation, project management, and facilities management.

Cushman & Wakefield PLC trades on the NYSE stock market under the symbol CWK.

As of April 18, 2024, CWK stock price climbed to $9.40 with 2,175,435 million shares trading.

CWK has a beta of 2.65, meaning it tends to be more sensitive to market movements. CWK has a correlation of 0.30 to the broad based SPY ETF.

CWK has a market cap of $2.14 billion. This is considered a Mid Cap stock.

Last quarter Cushman & Wakefield PLC reported $3 billion in Revenue and $.45 earnings per share. This beat revenue expectation by $114 million and exceeded earnings estimates by $.05.

In the last 3 years, CWK stock traded as high as $23.54 and as low as $6.24.

The top ETF exchange traded funds that CWK belongs to (by Net Assets): IJR, VNQ, VTI, VB, VBR.

CWK has underperformed the market in the last year with a price return of -0.7% while the SPY ETF gained +22.3%. CWK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.5% and -8.0%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

CWK support price is $9.00 and resistance is $9.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CWK stock will trade within this expected range on the day.