Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $19.14 in the prior trading day, CoreCivic Inc (NYSE: CXW) closed at $18.53, down -3.19%. In other words, the price has decreased by -$3.19 from its previous closing price. On the day, 0.76 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CXW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.65.
On December 10, 2024, Wedbush Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $19 to $30.
Wedbush Downgraded its Outperform to Neutral on June 11, 2024, whereas the target price for the stock was revised from $19 to $14.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 13 ’25 when Churchill David K sold 39,639 shares for $19.17 per share. The transaction valued at 759,880 led to the insider holds 140,116 shares of the business.
Churchill David K bought 40,000 shares of CXW for $764,000 on Feb 13 ’25. On Feb 03 ’25, another insider, Carter, Cole G., who serves as the EVP,General Counsel, Secretary of the company, sold 8,000 shares for $19.99 each. As a result, the insider received 159,920 and left with 175,847 shares of the company.
Valuation Measures:
As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.03, and their Forward P/E ratio for the next fiscal year is 16.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 1.36.
Stock Price History:
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 -11.68%, while the 200-Day Moving Average is calculated to be 13.63%.
Shares Statistics:
A total of 109.86M shares are outstanding, with a floating share count of 107.52M. Insiders hold about 2.50% of the company’s shares, while institutions hold 87.77% stake in the company.
