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The closing price of CoreCivic Inc (NYSE: CXW) was $13.94 for the day, up 0.29% from the previous closing price of $13.90. In other words, the price has increased by $0.29 from its previous closing price. On the day, 0.5 million shares were traded. CXW stock price reached its highest trading level at $14.05 during the session, while it also had its lowest trading level at $13.78.
Ratios:
Our analysis of CXW’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.06. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 01 ’24 when Carter, Cole G. sold 8,000 shares for $12.58 per share. The transaction valued at 100,640 led to the insider holds 207,847 shares of the business.
Carter, Cole G. bought 8,000 shares of CXW for $100,800 on Oct 01 ’24. On Sep 03 ’24, another insider, Carter, Cole G., who serves as the EVP,General Counsel, Secretary of the company, sold 8,000 shares for $13.28 each. As a result, the insider received 106,240 and left with 215,847 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 1537177728 and an Enterprise Value of 2528802816. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.94, and their Forward P/E ratio for the next fiscal year is 28.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 1.286 whereas that against EBITDA is 7.784.
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 6.90%, while the 200-Day Moving Average is calculated to be -1.05%.
Shares Statistics:
CXW traded an average of 904.05K shares per day over the past three months and 571220 shares per day 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 86.80% stake in the company. Shares short for CXW as of 1727654400 were 4089315 with a Short Ratio of 4.52, compared to 1724976000 on 4563761. Therefore, it implies a Short% of Shares Outstanding of 4089315 and a Short% of Float of 5.390000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.64.
