In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $22.60 in the prior trading day, CoreCivic Inc (NYSE: CXW) closed at $22.02, down -2.57%. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 2.6 million shares were traded.
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 27.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.66.
On December 10, 2024, Wedbush Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $19 to $30.
Wedbush Downgraded its Outperform to Neutral on June 11, 2024, whereas the target price for the stock was revised from $19 to $14.
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 Apr 01 ’25 when Carter, Cole G. sold 8,000 shares for $20.08 per share. The transaction valued at 160,640 led to the insider holds 222,872 shares of the business.
Carter, Cole G. bought 8,000 shares of CXW for $162,000 on Apr 01 ’25. On Mar 03 ’25, another insider, Carter, Cole G., who serves as the EVP,General Counsel, Secretary of the company, sold 8,000 shares for $18.85 each. As a result, the insider received 150,800 and left with 223,402 shares of the company.
Valuation Measures:
As of this moment, CoreCivic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.88, and their Forward P/E ratio for the next fiscal year is 15.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 1.63.
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 6.39%, while the 200-Day Moving Average is calculated to be 22.08%.
Shares Statistics:
A total of 109.32M shares are outstanding, with a floating share count of 105.87M. Insiders hold about 3.15% of the company’s shares, while institutions hold 88.41% stake in the company.
