Daily Progress: CoreCivic Inc (CXW) Drop -0.90, Closing at 13.19

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In the latest session, CoreCivic Inc (NYSE: CXW) closed at $13.19 down -0.90% from its previous closing price of $13.31. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 2.39 million shares were traded. CXW stock price reached its highest trading level at $13.25 during the session, while it also had its lowest trading level at $12.66.

Ratios:

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 20.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.70.

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:

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 Nov 01 ’24 when Carter, Cole G. sold 8,000 shares for $13.98 per share. The transaction valued at 111,840 led to the insider holds 199,847 shares of the business.

Carter, Cole G. bought 8,000 shares of CXW for $110,000 on Nov 01 ’24. On Oct 01 ’24, another insider, Carter, Cole G., who serves as the EVP,General Counsel, Secretary of the company, sold 8,000 shares for $12.58 each. As a result, the insider received 100,640 and left with 207,847 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 1467704064 and an Enterprise Value of 2446099968. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.70, and their Forward P/E ratio for the next fiscal year is 27.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 1.244 whereas that against EBITDA is 7.53.

Stock Price History:

Over the past 52 weeks, CXW has reached a high of $16.54, while it has fallen to a 52-week low of $10.74. The 50-Day Moving Average of the stock is -0.51%, while the 200-Day Moving Average is calculated to be -6.38%.

Shares Statistics:

For the past three months, CXW has traded an average of 887.00K shares per day and 723720 over the past ten days. A total of 112.73M shares are outstanding, with a floating share count of 107.31M. Insiders hold about 2.68% of the company’s shares, while institutions hold 86.52% stake in the company. Shares short for CXW as of 1728950400 were 3480922 with a Short Ratio of 3.92, compared to 1726185600 on 4416582. Therefore, it implies a Short% of Shares Outstanding of 3480922 and a Short% of Float of 4.5900002.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 9.64.

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