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The price of CoreCivic Inc (NYSE: CXW) closed at $21.14 in the last session, down -1.03% from day before closing price of $21.36. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 0.88 million shares were traded. CXW stock price reached its highest trading level at $21.36 during the session, while it also had its lowest trading level at $20.585.
Ratios:
We take a closer look at CXW’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wedbush on June 11, 2024, Downgraded its rating to Neutral and sets its target price to $14 from $19 previously.
On October 19, 2023, Northland Capital started tracking the stock assigning a Outperform rating and target price of $16.
Wedbush Upgraded its Neutral to Outperform on April 14, 2022, while the target price for the stock was maintained at $17.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 11 ’24 when Lappin Harley G. sold 28,277 shares for $24.21 per share. The transaction valued at 684,586 led to the insider holds 65,229 shares of the business.
Dennis Robert J sold 20,000 shares of CXW for $440,088 on Nov 13 ’24. The Director now owns 76,328 shares after completing the transaction at $22.00 per share. On Nov 13 ’24, another insider, Murphy Devin Ignatius, who serves as the Director of the company, sold 15,468 shares for $22.50 each. As a result, the insider received 348,030 and left with 55,475 shares of the company.
Valuation Measures:
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 2331128832 and an Enterprise Value of 3270936064. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.19, and their Forward P/E ratio for the next fiscal year is 24.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 1.657 whereas that against EBITDA is 9.853.
Stock Price History:
The Beta on a monthly basis for CXW is 0.95, which has changed by 0.57290137 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. Over the past 52 weeks, CXW has reached a high of $24.99, while it has fallen to a 52-week low of $10.74. The 50-Day Moving Average of the stock is 43.61%, while the 200-Day Moving Average is calculated to be 46.86%.
Shares Statistics:
According to the various share statistics, CXW traded on average about 1.17M shares per day over the past 3-months and 2886970 shares per day over the past 10 days. A total of 112.73M shares are outstanding, with a floating share count of 107.41M. Insiders hold about 2.60% of the company’s shares, while institutions hold 87.91% stake in the company. Shares short for CXW as of 1730332800 were 3251771 with a Short Ratio of 2.78, compared to 1727654400 on 4089315. Therefore, it implies a Short% of Shares Outstanding of 3251771 and a Short% of Float of 4.279999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.64. The current Payout Ratio is 0.00% for CXW, which recently paid a dividend on 2020-03-31 with an ex-dividend date of 1585612800. Stock splits for the company last occurred on 2007-07-09 when the company split stock in a 2:1 ratio.
