A share price of CoreCivic Inc [CXW] is currently trading at $14.45, up 5.55%. An important factor to consider is whether the stock is rising or falling in short-term value. The CXW shares have gain 5.63% over the last week, with a monthly amount glided 14.50%, and 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 experienced fluctuations in its stock price throughout the past year between $10.74 and $16.54. Currently, Wall Street analysts expect the stock to reach $15.5 within the next 12 months. CoreCivic Inc [NYSE: CXW] shares were valued at $14.45 at the most recent close of the market. An investor can expect a potential return of 7.27% based on the average CXW price forecast.
Analyzing the CXW fundamentals
Trailing Twelve Months sales for CoreCivic Inc [NYSE:CXW] were 1.97B which represents 5.70% growth. 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 13.99 points at the first support level, and at 13.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.70, and for the 2nd resistance point, it is at 14.94.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CoreCivic Inc [NYSE:CXW] is 1.44. On the other hand, the Quick Ratio is 1.44, and the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 1.10 and price to earnings (TTM) ratio is 23.77.
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.