Cushman & Wakefield (CWK) Expected to Announce Quarterly Earnings on Thursday

Cushman & Wakefield (NYSE:CWK) is anticipated 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. Investors that are interested in participating in the company’s conference call can do so using this link.

Cushman & Wakefield Stock Up 2.3 %

Cushman & Wakefield stock opened at $13.20 on Tuesday. The stock has a market cap of $3.03 billion, a PE ratio of 35.68 and a beta of 1.34. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.18 and a current ratio of 1.18. Cushman & Wakefield has a one year low of $9.24 and a one year high of $16.11. The stock has a fifty day moving average of $13.33 and a 200 day moving average of $13.42.

Analyst Ratings Changes

Several research firms have issued reports on CWK. JPMorgan Chase & Co. boosted their price target on Cushman & Wakefield from $14.00 to $17.00 and gave the company a “neutral” rating in a report on Monday, December 16th. The Goldman Sachs Group initiated coverage on Cushman & Wakefield in a research note on Friday, December 6th. They issued a “sell” rating and a $15.00 price objective for the company. Finally, Jefferies Financial Group lowered Cushman & Wakefield from a “buy” rating to a “hold” rating and dropped their price target for the company from $18.00 to $14.00 in a research note on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Cushman & Wakefield has an average 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.