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After finishing at $12.65 in the prior trading day, CoreCivic Inc (NYSE: CXW) closed at $12.43, down -1.74%. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 0.8 million shares were traded. CXW stock price reached its highest trading level at $12.61 during the session, while it also had its lowest trading level at $12.41.
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 20.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.08. 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:
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 Oct 01 ’24 when Carter, Cole G. bought 8,000 shares for $12.60 per share.
Carter, Cole G. sold 8,000 shares of CXW for $106,240 on Sep 03 ’24. The EVP,General Counsel, Secretary now owns 215,847 shares after completing the transaction at $13.28 per share. On Sep 03 ’24, another insider, Carter, Cole G., who serves as the Officer of the company, bought 8,000 shares for $13.83 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 1370668544 and an Enterprise Value of 2362294528. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.45, and their Forward P/E ratio for the next fiscal year is 25.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 1.202 whereas that against EBITDA is 7.272.
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 -5.87%, while the 200-Day Moving Average is calculated to be -12.34%.
Shares Statistics:
The stock has traded on average 964.15K shares per day over the past 3-months and 1402970 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 107.30M. Insiders hold about 2.69% of the company’s shares, while institutions hold 86.66% stake in the company. Shares short for CXW as of 1726185600 were 4416582 with a Short Ratio of 4.58, compared to 1723680000 on 4248120. Therefore, it implies a Short% of Shares Outstanding of 4416582 and a Short% of Float of 5.82.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.64.
