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After finishing at $14.87 in the prior trading day, CoreCivic Inc (NYSE: CXW) closed at $14.70, down -1.14%. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 0.65 million shares were traded. CXW stock price reached its highest trading level at $14.97 during the session, while it also had its lowest trading level at $14.49.
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 12.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.79.
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 this company, Northland Capital on October 19, 2023, initiated with a Outperform rating and assigned the stock a target price of $16.
On April 14, 2022, Wedbush Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $17.
On June 18, 2021, Wedbush started tracking the stock assigning a Neutral rating and target price of $10.85.Wedbush initiated its Neutral rating on June 18, 2021, with a $10.85 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 Mar 14 ’24 when Swindle, Patrick D. sold 15,000 shares for $14.60 per share. The transaction valued at 218,937 led to the insider holds 218,504 shares of the business.
Hininger Damon T sold 50,525 shares of CXW for $738,676 on Mar 08 ’24. The President & CEO now owns 820,262 shares after completing the transaction at $14.62 per share. On Feb 26 ’24, another insider, Grande Anthony L, who serves as the EVP, Chief Development Officer of the company, sold 15,000 shares for $14.50 each. As a result, the insider received 217,509 and left with 186,692 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 1641005056 and an Enterprise Value of 2740829696. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.93, and their Forward P/E ratio for the next fiscal year is 17.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 1.445 whereas that against EBITDA is 9.194.
Stock Price History:
Over the past 52 weeks, CXW has reached a high of $16.24, while it has fallen to a 52-week low of $7.84. The 50-Day Moving Average of the stock is -1.96%, while the 200-Day Moving Average is calculated to be 15.01%.
Shares Statistics:
The stock has traded on average 933.85K shares per day over the past 3-months and 563000 shares per day over the last 10 days, according to various share statistics. A total of 112.73M shares are outstanding, with a floating share count of 109.98M. Insiders hold about 2.34% of the company’s shares, while institutions hold 85.66% stake in the company. Shares short for CXW as of 1711584000 were 4040793 with a Short Ratio of 4.33, compared to 1709164800 on 3976978. Therefore, it implies a Short% of Shares Outstanding of 4040793 and a Short% of Float of 5.2299999999999995.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.64.
Earnings Estimates
A comprehensive evaluation of CoreCivic Inc (CXW) is underway, with the input of Cemex, S.A.B. de C.V. Sponsored analysts contributing to its current rating.The consensus estimate for the next quarter is $11.39, with high estimates of $235.70 and low estimates of $248.53.
Analysts are recommending an EPS of between $Technology and $Industrials for the fiscal current year, implying an average EPS of $Technology.
