At the time of writing, CoreCivic Inc [CXW] stock is trading at $21.58, up 1.17%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CXW shares have gain 3.50% over the last week, with a monthly amount drifted -4.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CoreCivic Inc [NYSE: CXW] stock has seen the most recent analyst activity on December 10, 2024, when Wedbush upgraded its rating to a Outperform and also boosted its price target to $30 from $19. Previously, Wedbush downgraded its rating to Neutral on June 11, 2024, and dropped its price target to $14. On October 19, 2023, Northland Capital initiated with a Outperform rating and assigned a price target of $16 on the stock. Wedbush upgraded its rating to a Outperform but stick to its price target of $17 on April 14, 2022. Wedbush initiated its recommendation with a Neutral and recommended $10.85 as its price target on June 18, 2021. Noble Capital Markets started tracking with a Outperform rating for this stock on March 16, 2020, and assigned it a price target of $20. In a note dated February 10, 2017, Canaccord Genuity reiterated an Buy rating on this stock and boosted its target price from $30 to $34.
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 $21.58 at the most recent close of the market. An investor can expect a potential drop of -28.17% 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 0.1%, 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 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.67.
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 21.23 points at the first support level, and at 20.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.88, and for the 2nd resistance point, it is at 22.18.
Ratios To Look Out For
It is important to note that CoreCivic Inc [NYSE:CXW] has a current ratio of 1.51. As well, the Quick Ratio is 1.51, while the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 1.18, the price to book ratio is 1.61 and price to earnings (TTM) ratio is 31.84.
Transactions by insiders
Recent insider trading involved Carter, Cole G., Officer, that happened on Jan 02 ’25 when 8000.0 shares were purchased. Director, MARSHALL THURGOOD JR completed a deal on Dec 09 ’24 to sell 5000.0 shares. Meanwhile, Director Hylton Stacia sold 1800.0 shares on Dec 09 ’24.
