Is that what Sustainable Earning stands for?: CoreCivic Inc (CXW)

CoreCivic Inc [CXW] stock is trading at $16.09, down -0.12%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CXW shares have gain 8.35% over the last week, with a monthly amount glided 12.75%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CoreCivic Inc [NYSE: CXW] stock has seen the most recent analyst activity on October 19, 2023, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $16. Previously, Wedbush upgraded its rating to Outperform on April 14, 2022, and kept the price target unchanged to $17. On June 18, 2021, Wedbush initiated with a Neutral rating and assigned a price target of $10.85 on the stock. Noble Capital Markets started tracking the stock assigning a Outperform rating and suggested a price target of $20 on March 16, 2020. Canaccord Genuity reiterated its recommendation of a Buy and raised its price target to $34 on February 10, 2017. Canaccord Genuity upgraded its rating to Buy for this stock on December 12, 2016, and upped its price target to $28. In a note dated November 11, 2016, Canaccord Genuity reiterated an Hold rating on this stock and boosted its target price from $17 to $22.

CoreCivic Inc [CXW] stock has fluctuated between $7.84 and $16.21 over the past year. CoreCivic Inc [NYSE: CXW] shares were valued at $16.09 at the most recent close of the market.

Analyzing the CXW fundamentals

CoreCivic Inc [NYSE:CXW] reported sales of 1.90B for the trailing twelve months, which represents a growth of 4.20%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.74.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.93 points at the first support level, and at 15.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.20, and for the 2nd resistance point, it is at 16.31.

Ratios To Look Out For

For context, CoreCivic Inc’s Current Ratio is 1.60. In addition, the Quick Ratio stands at 1.60 and the Cash Ratio stands at 0.43. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 27.29.

Transactions by insiders

Recent insider trading involved Swindle, Patrick D., Chief Operating Officer, that happened on Mar 14 ’24 when 15000.0 shares were sold. President & CEO, Hininger Damon T completed a deal on Mar 08 ’24 to sell 50525.0 shares. Meanwhile, EVP, Chief Development Officer Grande Anthony L sold 15000.0 shares on Feb 26 ’24.

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