CoreCivic Inc (NYSE: CXW) is -11.78% lower on its value in year-to-date trading and has touched a low of $10.74 and a high of $24.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CXW stock was last observed hovering at around $18.04 in the last trading session, with the day’s gains setting it 1.14%.
Currently trading at $19.18, the stock is -6.63% and -9.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.64 million and changing 6.32% at the moment leaves the stock 18.33% off its SMA200. CXW registered 29.25% gain for a year compared to 6-month gain of 52.10%. The firm has a 50-day simple moving average (SMA 50) of $21.3242 and a 200-day simple moving average (SMA200) of $16.18835.
The stock witnessed a -13.17% loss in the last 1 month and extending the period to 3 months gives it a -14.83%, and is -0.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.14% over the week and 5.08% over the month.
CoreCivic Inc (CXW) has around 11194 employees, a market worth around $2.11B and $1.96B in sales. Current P/E ratio is 31.08 and Fwd P/E is 15.72. Profit margin for the company is 3.51%. Distance from 52-week low is 78.58% and -23.25% from its 52-week high. The company has generated returns on investments over the last 12 months (2.79%).
with sales reaching $477.89M over the same period.The EPS is expected to grow by 16.77% this year, but quarterly earnings will post 1.57% year-over-year. Quarterly sales are estimated to shrink -4.55% in year-over-year returns.
The shares outstanding are 109.86M, and float is at 106.96M with Short Float at 2.85%.
The top institutional shareholder in the company is BLACKROCK INC. with over 17.9 million shares valued at $232.32 million. The investor’s holdings represent 15.9374 of the CXW Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.16 million shares valued at $157.83 million to account for 10.8272 of the shares outstanding. The other top investors are RIVER ROAD ASSET MANAGEMENT, LLC which holds 8.57 million shares representing 7.6321 and valued at over $111.26 million, while FMR LLC holds 4.391 of the shares totaling 4.93 million with a market value of $64.01 million.
CoreCivic Inc (CXW) Insider Activity
The most recent transaction is an insider sale by Carter, Cole G., the company’s EVP,General Counsel, Secretary. SEC filings show that Carter, Cole G. sold 8,000 shares of the company’s common stock on Feb 03 ’25 at a price of $19.99 per share for a total of $0.16 million. Following the sale, the insider now owns 0.18 million shares.
Still, SEC filings show that on Jan 02 ’25, Carter, Cole G. (EVP,General Counsel, Secretary) disposed off 8,000 shares at an average price of $21.77 for $0.17 million. The insider now directly holds 183,847 shares of CoreCivic Inc (CXW).
