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The price of CoreCivic Inc (NYSE: CXW) closed at $13.79 in the last session, up 1.47% from day before closing price of $13.59. In other words, the price has increased by $1.47 from its previous closing price. On the day, 0.98 million shares were traded. CXW stock price reached its highest trading level at $13.96 during the session, while it also had its lowest trading level at $13.58.
Ratios:
We take a closer look at CXW’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.96. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 23 ’24 when Churchill David K sold 15,000 shares for $13.61 per share. The transaction valued at 204,150 led to the insider holds 214,056 shares of the business.
GARFINKLE DAVID sold 25,000 shares of CXW for $340,000 on Aug 23 ’24. The EVP & Chief Financial Officer now owns 326,528 shares after completing the transaction at $13.60 per share. On Aug 23 ’24, another insider, Churchill David K, who serves as the Officer of the company, bought 15,000 shares for $13.51 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 1520637056 and an Enterprise Value of 2512262400. As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.69, and their Forward P/E ratio for the next fiscal year is 25.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 1.278 whereas that against EBITDA is 7.733.
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 $9.94. The 50-Day Moving Average of the stock is 4.58%, while the 200-Day Moving Average is calculated to be -3.48%.
Shares Statistics:
According to the various share statistics, CXW traded on average about 1.05M shares per day over the past 3-months and 879060 shares per day over the past 10 days. A total of 112.73M shares are outstanding, with a floating share count of 107.28M. Insiders hold about 2.71% of the company’s shares, while institutions hold 89.05% stake in the company. Shares short for CXW as of 1723680000 were 4248120 with a Short Ratio of 4.04, compared to 1721001600 on 4729383. Therefore, it implies a Short% of Shares Outstanding of 4248120 and a Short% of Float of 5.5999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.64.
Earnings Estimates
The dynamic stock of CoreCivic Inc (CXW) is currently being evaluated by a team of 5.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.08, with high estimates of $0.12 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.54 and $0.41 for the fiscal current year, implying an average EPS of $0.44. EPS for the following year is $0.51, with 5.0 analysts recommending between $0.72 and $0.39.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $471.47M. It ranges from a high estimate of $479.5M to a low estimate of $454.26M. As of the current estimate, CoreCivic Inc’s year-ago sales were $483.7MFor the next quarter, 5 analysts are estimating revenue of $460.55M. There is a high estimate of $468.81M for the next quarter, whereas the lowest estimate is $454.26M.
A total of 5 analysts have provided revenue estimates for CXW’s current fiscal year. The highest revenue estimate was $1.94B, while the lowest revenue estimate was $1.9B, resulting in an average revenue estimate of $1.92B. In the same quarter a year ago, actual revenue was $1.9BBased on 4 analysts’ estimates, the company’s revenue will be $1.88B in the next fiscal year. The high estimate is $1.9B and the low estimate is $1.87B.
