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After finishing at $22.24 in the prior trading day, CoreCivic Inc (NYSE: CXW) closed at $21.66, down -2.61%. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 0.92 million shares were traded. CXW stock price reached its highest trading level at $22.61 during the session, while it also had its lowest trading level at $21.555.
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 20.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.47. 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 December 10, 2024, Upgraded its rating to Outperform and sets its target price to $30 from $19 previously.
On June 11, 2024, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $19 to $14.
On October 19, 2023, Northland Capital started tracking the stock assigning a Outperform rating and target price of $16.Northland Capital initiated its Outperform rating on October 19, 2023, with a $16 target price.
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 Jan 02 ’25 when Carter, Cole G. sold 8,000 shares for $21.77 per share. The transaction valued at 174,160 led to the insider holds 183,847 shares of the business.
Carter, Cole G. bought 8,000 shares of CXW for $176,160 on Jan 02 ’25. On Dec 09 ’24, another insider, MARSHALL THURGOOD JR, who serves as the Director of the company, sold 5,000 shares for $21.37 each. As a result, the insider received 106,850 and left with 41,925 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 2388469760 and an Enterprise Value of 3304017408. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.96, and their Forward P/E ratio for the next fiscal year is 24.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 1.674 whereas that against EBITDA is 9.953.
Stock Price History:
The Beta on a monthly basis for CXW is 1.03, which has changed by 0.52957356 over the last 52 weeks, in comparison to a change of 0.24440956 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 -1.12%, while the 200-Day Moving Average is calculated to be 36.22%.
Shares Statistics:
The stock has traded on average 1.38M shares per day over the past 3-months and 1148920 shares per day over the last 10 days, according to various share statistics. A total of 110.27M shares are outstanding, with a floating share count of 107.49M. Insiders hold about 2.52% of the company’s shares, while institutions hold 88.03% stake in the company. Shares short for CXW as of 1735603200 were 3559016 with a Short Ratio of 2.58, compared to 1732838400 on 3531650. Therefore, it implies a Short% of Shares Outstanding of 3559016 and a Short% of Float of 4.6899999999999995.
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.
Earnings Estimates
Investors are keenly observing as 5.0 analysts analyze and rate the current performance of CoreCivic Inc (CXW) in the stock market.The consensus estimate for the next quarter is $0.17, with high estimates of $0.23 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.78 and $0.71 for the fiscal current year, implying an average EPS of $0.75. EPS for the following year is $0.82, with 3.0 analysts recommending between $0.97 and $0.7.
Revenue Estimates
5 analysts predict $465.17M in revenue for the current quarter. It ranges from a high estimate of $479.27M to a low estimate of $459.1M. As of the current estimate, CoreCivic Inc’s year-ago sales were $491.25MFor the next quarter, 5 analysts are estimating revenue of $472.24M. There is a high estimate of $496.06M for the next quarter, whereas the lowest estimate is $461.1M.
A total of 5 analysts have provided revenue estimates for CXW’s current fiscal year. The highest revenue estimate was $1.96B, while the lowest revenue estimate was $1.94B, resulting in an average revenue estimate of $1.95B. In the same quarter a year ago, actual revenue was $1.9BBased on 5 analysts’ estimates, the company’s revenue will be $2.01B in the next fiscal year. The high estimate is $2.12B and the low estimate is $1.91B.
