Market Recap: CoreCivic Inc (CXW)’s Negative Momentum, Closing at 20.53

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The closing price of CoreCivic Inc (NYSE: CXW) was $20.53 for the day, down -4.02% from the previous closing price of $21.39. In other words, the price has decreased by -$4.02 from its previous closing price. On the day, 0.97 million shares were traded. CXW stock price reached its highest trading level at $21.6772 during the session, while it also had its lowest trading level at $20.22.

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 19.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.77. 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:

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 Dec 09 ’24 when MARSHALL THURGOOD JR sold 5,000 shares for $21.37 per share. The transaction valued at 106,850 led to the insider holds 41,925 shares of the business.

Hylton Stacia sold 1,800 shares of CXW for $38,466 on Dec 09 ’24. The Director now owns 78,871 shares after completing the transaction at $21.37 per share. On Dec 09 ’24, another insider, STACIA A HYLTON, who serves as the Director of the company, bought 1,800 shares for $21.37 each.

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 2263863808 and an Enterprise Value of 3179411712. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.29, and their Forward P/E ratio for the next fiscal year is 23.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 1.611 whereas that against EBITDA is 9.577.

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 11.01%, while the 200-Day Moving Average is calculated to be 35.44%.

Shares Statistics:

CXW traded an average of 1.29M shares per day over the past three months and 1073400 shares per day over the past ten days. A total of 110.27M shares are outstanding, with a floating share count of 107.48M. Insiders hold about 2.53% of the company’s shares, while institutions hold 87.97% stake in the company. Shares short for CXW as of 1732838400 were 3531650 with a Short Ratio of 2.74, compared to 1730332800 on 3251771. Therefore, it implies a Short% of Shares Outstanding of 3531650 and a Short% of Float of 4.65.

Dividends & Splits

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

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