In the latest session, CoreCivic Inc. (NYSE: CXW) closed at $8.81 down -0.34% from its previous closing price of $8.84. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 677205 shares were traded.
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For a deeper understanding of CoreCivic Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.07. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.77.
Upgrades & Downgrades
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 03 when MARSHALL THURGOOD JR sold 17,153 shares for $9.90 per share. The transaction valued at 169,815 led to the insider holds 37,678 shares of the business.
Swindle, Patrick D. sold 35,000 shares of CXW for $335,650 on Mar 02. The Chief Operating Officer now owns 202,695 shares after completing the transaction at $9.59 per share. On Feb 15, another insider, GARFINKLE DAVID, who serves as the EVP & Chief Financial Officer of the company, sold 7,500 shares for $10.66 each. As a result, the insider received 79,961 and left with 316,687 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CXW now has a Market Capitalization of 999.90M and an Enterprise Value of 2.05B. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.91, and their Forward P/E ratio for the next fiscal year is 11.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 1.11 whereas that against EBITDA is 5.57.
Stock Price History:
Over the past 52 weeks, CXW has reached a high of $13.51, while it has fallen to a 52-week low of $7.84. The 50-Day Moving Average of the stock is 9.05, while the 200-Day Moving Average is calculated to be 10.18.
For the past three months, CXW has traded an average of 998.06K shares per day and 971.28k over the past ten days. A total of 114.53M shares are outstanding, with a floating share count of 113.21M. Insiders hold about 1.60% of the company’s shares, while institutions hold 83.50% stake in the company. Shares short for CXW as of Apr 27, 2023 were 1.92M with a Short Ratio of 1.92M, compared to 2.21M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.69% and a Short% of Float of 2.41%.
Dividends & Splits
The current Payout Ratio is 0.00% for CXW, which recently paid a dividend on Apr 14, 2020 with an ex-dividend date of Mar 30, 2020. Stock splits for the company last occurred on Jul 08, 2007 when the company split stock in a 2:1 ratio.
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.1, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.12, with high estimates of $0.13 and low estimates of $0.11.
Analysts are recommending an EPS of between $0.52 and $0.47 for the fiscal current year, implying an average EPS of $0.5. EPS for the following year is $0.78, with 2 analysts recommending between $0.81 and $0.75.
A total of 3 analysts believe the company’s revenue will be $467.46M this quarter.It ranges from a high estimate of $476.75M to a low estimate of $462.58M. As of the current estimate, CoreCivic Inc.’s year-ago sales were $456.7M, an estimated increase of 2.40% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $473.05M, an increase of 2.50% over than the figure of $2.40% in the same quarter last year. There is a high estimate of $476.67M for the next quarter, whereas the lowest estimate is $470.45M.
A total of 3 analysts have provided revenue estimates for CXW’s current fiscal year. The highest revenue estimate was $1.91B, while the lowest revenue estimate was $1.88B, resulting in an average revenue estimate of $1.89B. In the same quarter a year ago, actual revenue was $1.85B, up 2.30% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $2B in the next fiscal year. The high estimate is $2.05B and the low estimate is $1.95B. The average revenue growth estimate for next year is up 5.90% from the average revenue estimate for this year.