CoreCivic Inc (CXW) recent activity suggests a positive outlook with the last week’s performance of -4.68%

CoreCivic Inc (NYSE: CXW) kicked off on Tuesday, down -1.74% from the previous trading day, before settling in for the closing price of $12.65. Over the past 52 weeks, CXW has traded in a range of $10.74-$16.54.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 0.74%. 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 extent of productivity of a business whose workforce counts for 11194 workers is very important to gauge.

CoreCivic Inc (CXW) Insider and Institutional Ownership

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 86.66%. The most recent insider transaction that took place on Oct 01 ’24, was worth 100,800. Before that another transaction happened on Sep 03 ’24, when Company’s EVP,General Counsel, Secretary sold 8,000 for $13.28, making the entire transaction worth $106,240. This insider now owns 215,847 shares in total.

CoreCivic Inc (CXW) Latest Financial update

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.12 earnings per share (EPS), lower than consensus estimate (set at 0.13) by -0.01. 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 0.70. Likewise, its price to free cash flow for the trailing twelve months is 8.08.

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)

The latest stats from [CoreCivic Inc, CXW] show that its last 5-days average volume of 0.92 million was inferior to 0.95 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 20.93%. Additionally, its Average True Range was 0.44.

During the past 100 days, CoreCivic Inc’s (CXW) raw stochastic average was set at 29.14%, which indicates a significant increase from 8.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.13% in the past 14 days, which was lower than the 51.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.16, while its 200-day Moving Average is $14.17. Now, the first resistance to watch is $12.56. This is followed by the second major resistance level at $12.68. The third major resistance level sits at $12.76. If the price goes on to break the first support level at $12.36, it is likely to go to the next support level at $12.28. The third support level lies at $12.16 if the price breaches the second support level.

CoreCivic Inc (NYSE: CXW) Key Stats

The company with the Market Capitalisation of 1.37 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.