CoreCivic Inc (CXW) 20 Days SMA touches 0.43%: The odds favor the bear

SQ

CoreCivic Inc (NYSE: CXW) kicked off on Tuesday, up 0.15% from the previous trading day, before settling in for the closing price of $13.34. Over the past 52 weeks, CXW has traded in a range of $10.11-$16.54.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 0.74% over the last five years. While this was happening, its average annual earnings per share was recorded -30.17%. With a float of $107.30 million, this company’s outstanding shares have now reached $112.73 million.

The firm has a total of 11194 workers. Let’s measure their productivity. In terms of profitability, gross margin is 18.8%, operating margin of 11.62%, and the pretax margin is 4.73%.

CoreCivic Inc (CXW) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Security & Protection Services Industry. The insider ownership of CoreCivic Inc is 2.69%, while institutional ownership is 86.62%. The most recent insider transaction that took place on Sep 03 ’24, was worth 106,240. In this transaction EVP,General Counsel, Secretary of this company sold 8,000 shares at a rate of $13.28, taking the stock ownership to the 215,847 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Officer proposed sale 8,000 for $13.83, making the entire transaction worth $110,640.

CoreCivic Inc (CXW) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -30.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to -15.16% drop over the previous five years of trading.

CoreCivic Inc (NYSE: CXW) Trading Performance Indicators

Take a look at CoreCivic Inc’s (CXW) current performance indicators. Last quarter, stock had a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.75. Likewise, its price to free cash flow for the trailing twelve months is 8.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.61, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.48 in one year’s time.

Technical Analysis of CoreCivic Inc (CXW)

Analysing the last 5-days average volume posted by the [CoreCivic Inc, CXW], we can find that recorded value of 0.88 million was lower than the volume posted last year of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 77.81%. Additionally, its Average True Range was 0.47.

During the past 100 days, CoreCivic Inc’s (CXW) raw stochastic average was set at 45.17%, which indicates a significant decrease from 67.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.21% in the past 14 days, which was lower than the 50.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.43, while its 200-day Moving Average is $14.24. Now, the first resistance to watch is $13.55. This is followed by the second major resistance level at $13.75. The third major resistance level sits at $13.85. If the price goes on to break the first support level at $13.25, it is likely to go to the next support level at $13.15. Should the price break the second support level, the third support level stands at $12.95.

CoreCivic Inc (NYSE: CXW) Key Stats

The company with the Market Capitalisation of 1.47 billion has total of 111,257K Shares Outstanding. Its annual sales at the moment are 1,897 M in contrast with the sum of 67,590 K annual income. Company’s last quarter sales were recorded 490,110 K and last quarter income was 18,950 K.