CoreCivic Inc (CXW) shares projected to rise by 21.86%

CoreCivic Inc [CXW] stock is trading at $12.72, saw in change for the day. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CXW shares have gain 2.33% over the last week, with a monthly amount drifted -3.71%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

CoreCivic Inc [NYSE: CXW] stock has seen the most recent analyst activity on June 11, 2024, when Wedbush downgraded its rating to a Neutral and also revised its price target to $14 from $19. Previously, Northland Capital started tracking the stock with Outperform rating on October 19, 2023, and set its price target to $16. On April 14, 2022, upgrade upgraded it’s rating to Outperform but maintained its price target of $17 on the stock. Wedbush started tracking the stock assigning a Neutral rating and suggested a price target of $10.85 on June 18, 2021. Noble Capital Markets initiated its recommendation with a Outperform and recommended $20 as its price target on March 16, 2020. Canaccord Genuity reiterated a Buy rating for this stock on February 10, 2017, and upped its price target to $34. In a note dated December 12, 2016, Canaccord Genuity upgraded an Buy rating on this stock and boosted its target price from $22 to $28.

CoreCivic Inc [CXW] stock has fluctuated between $10.74 and $16.54 over the past year. Currently, Wall Street analysts expect the stock to reach $15.5 within the next 12 months. CoreCivic Inc [NYSE: CXW] shares were valued at $12.72 at the most recent close of the market. An investor can expect a potential return of 21.86% based on the average CXW price forecast.

Analyzing the CXW fundamentals

CoreCivic Inc [NYSE:CXW] reported sales of 1.97B for the trailing twelve months, which represents a growth of 5.70%. Gross Profit Margin for this corporation currently stands at 0.19% 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 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.7.

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 12.62 points at the first support level, and at 12.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.81, and for the 2nd resistance point, it is at 12.90.

Ratios To Look Out For

For context, CoreCivic Inc’s Current Ratio is 1.44. Also, the Quick Ratio is 1.44, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 0.97 and price to earnings (TTM) ratio is 20.93.

Transactions by insiders

Recent insider trading involved Carter, Cole G., EVP,General Counsel, Secretary, that happened on Oct 01 ’24 when 8000.0 shares were sold. Officer, Carter, Cole G. completed a deal on Oct 01 ’24 to buy 8000.0 shares. Meanwhile, EVP,General Counsel, Secretary Carter, Cole G. sold 8000.0 shares on Sep 03 ’24.

Related Posts