At the time of writing, CoreCivic Inc [CXW] stock is trading at $22.49, up 2.51%. 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 4.75% over the last week, with a monthly amount glided 54.04%, 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.
For the past year, the stock price of CoreCivic Inc fluctuated between $10.74 and $24.99. Currently, Wall Street analysts expect the stock to reach $15.5 within the next 12 months. CoreCivic Inc [NYSE: CXW] shares were valued at $22.49 at the most recent close of the market. An investor can expect a potential drop of -31.08% based on the average CXW price forecast.
Analyzing the CXW fundamentals
According to CoreCivic Inc [NYSE:CXW], the company’s sales were 1.97B for trailing twelve months, which represents an 1.62% jump. 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 0.03, Equity is 0.05 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.67.
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 21.97 points at the first support level, and at 21.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.99, and for the 2nd resistance point, it is at 23.50.
Ratios To Look Out For
It is important to note that CoreCivic Inc [NYSE:CXW] has a current ratio of 1.51. Also, the Quick Ratio is 1.51, while the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 1.29, the price to book ratio is 1.68 and price to earnings (TTM) ratio is 33.19.
Transactions by insiders
Recent insider trading involved Grande Anthony L, EVP, Chief Development Officer, that happened on Nov 26 ’24 when 26000.0 shares were sold. Director, Emkes Mark A completed a deal on Nov 22 ’24 to sell 16000.0 shares. Meanwhile, Director Lappin Harley G. sold 6318.0 shares on Nov 21 ’24.
