CoreCivic Inc (CXW) concluded trading on Wednesday at a closing price of $17.58, with 6.53 million shares of worth about $114.85 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.45% during that period and on November 06, 2024 the price saw a gain of about 28.98%. Currently the company’s common shares owned by public are about 112.73M shares, out of which, 107.32M shares are available for trading.
Stock saw a price change of 22.77% in past 5 days and over the past one month there was a price change of 38.21%. Year-to-date (YTD), CXW shares are showing a performance of 20.99% which increased to 31.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.74 but also hit the highest price of $16.54 during that period. The average intraday trading volume for CoreCivic Inc shares is 901.02K. The stock is currently trading 26.25% above its 20-day simple moving average (SMA20), while that difference is up 31.80% for SMA50 and it goes to 24.69% higher than SMA200.
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CoreCivic Inc (NYSE: CXW) currently have 112.73M outstanding shares and institutions hold larger chunk of about 86.47% of that.
The stock has a current market capitalization of $1.94B and its 3Y-monthly beta is at 0.89. PE ratio of stock for trailing 12 months is 28.92, while it has posted earnings per share of $0.61 in the same period. Its PEG reads 4.82 and has Quick Ratio of 1.44 while making debt-to-equity ratio of 0.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CXW, volatility over the week remained 5.97% while standing at 3.65% over the month.
Stock’s fiscal year EPS is expected to drop by -30.17% while it is estimated to increase by 17.11% in next year. EPS is likely to grow at an annualized rate of 6.00% for next 5-years, compared to annual growth of -15.16% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wedbush on June 11, 2024 offering a Neutral rating for the stock and assigned a target price range of between $19 and $14 to it. Coverage by Northland Capital stated CoreCivic Inc (CXW) stock as an Outperform in their note to investors on October 19, 2023, suggesting a price target of $16 for the stock. On April 14, 2022, Wedbush Upgrade their recommendations, while on June 18, 2021, Wedbush Initiated their ratings for the stock with a price target of $10.85. Stock get an Outperform rating from Noble Capital Markets on March 16, 2020.
