In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, CoreCivic Inc (NYSE: CXW) closed at $20.87 down -1.74% from its previous closing price of $21.24. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 1.3 million shares were traded. CXW stock price reached its highest trading level at $21.71 during the session, while it also had its lowest trading level at $20.68.
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 19.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.98. 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:
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 Jan 02 ’25 when Carter, Cole G. sold 8,000 shares for $21.77 per share. The transaction valued at 174,160 led to the insider holds 183,847 shares of the business.
Carter, Cole G. bought 8,000 shares of CXW for $176,160 on Jan 02 ’25. On Dec 09 ’24, another insider, MARSHALL THURGOOD JR, who serves as the Director of the company, sold 5,000 shares for $21.37 each. As a result, the insider received 106,850 and left with 41,925 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 2301355776 and an Enterprise Value of 3257703680. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.80, and their Forward P/E ratio for the next fiscal year is 23.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 1.651 whereas that against EBITDA is 9.813.
Stock Price History:
The Beta on a monthly basis for CXW is 1.02, which has changed by 0.4567901 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. 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 -4.34%, while the 200-Day Moving Average is calculated to be 30.84%.
Shares Statistics:
For the past three months, CXW has traded an average of 1.40M shares per day and 1114250 over the past ten days. A total of 110.27M shares are outstanding, with a floating share count of 107.49M. Insiders hold about 2.52% of the company’s shares, while institutions hold 87.48% stake in the company. Shares short for CXW as of 1735603200 were 3559016 with a Short Ratio of 2.55, compared to 1732838400 on 3531650. Therefore, it implies a Short% of Shares Outstanding of 3559016 and a Short% of Float of 4.6899999999999995.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.64. The current Payout Ratio is 0.00% for CXW, which recently paid a dividend on 2020-03-31 with an ex-dividend date of 1585612800. Stock splits for the company last occurred on 2007-07-09 when the company split stock in a 2:1 ratio.
