CoreCivic Inc (NYSE:CXW) currently has a daily average trading volume of 1.27M but it saw 1239197 shares traded in last market. With a market cap of 2.37B USD, the company’s current market price of $21.63 came falling about -0.18 while comparing to the previous closing price of $21.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.99 and as low as $10.74. In the recent trading on the day, stock has struck highest price mark of $21.37 while lowest mark touched by it was $22.12.
Taking a look at 20-day trading activity of CoreCivic Inc (CXW) gives us an average price of $20.84, while its current price level is -13.45% below from 52-week high level whereas it is 101.40% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.83 while that of 200 days or SMA-200 reads an average of $17.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.39% during that period while stretching the period over a month that increases to 4.64%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.98 which implies that the stock is in neutral territory.
Wedbush upgraded its recommendation for the stock as a “Outperform” from “Neutral” on December 10, 2024 while assigning a price target range of $19-$30. Wedbush issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $19 and $14.
Over the week, CXW’s stock price is moving -2.13% down while it is 6.19% when we observe its performance for the past one month. Year-to-date it is -0.51% down and over the past year, the stock is showing an upside performance of 46.84%.
The company is expected to be releasing its next quarterly report on 2025-Feb-09, for which analysts forecasted an EPS of 0.13 while estimate for next year EPS is 0.73. In next quarter, company is expected to be making quarterly sales of $490.91M as analysts are expecting the sales for current fiscal year at $2.03B and seeing the company making $2.41B in sales next year. Moreover, analysts are in estimates of $478.49M for current-quarter revenue.
Currently, CoreCivic Inc’s total number of outstanding shares is 109.86M with 2.17% of that held by the insiders while 92.18% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.76% and return on equity (ROE) at 4.64%. It has a price to earnings ratio (P/E ratio) of 34.88 while having a 15.64 of forward P/E ratio. Stock’s beta reads 0.75. Stock has a price to book (P/B) ratio of 1.59 while price to sale or P/S ratio amounts to 1.21. Its return on asset (ROA) is 2.25% on average.
