Analyst Ratings for CoreCivic Inc. (CXW)

Updated: 2017-07-28

CoreCivic Inc. (NYSE:CXW) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, CXW was issued an average rating of Overweight.

2 analysts declared CXW a buy, 0 gave an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for CXW by the analysts covering the stock. The maximum price target given was 40, implying a possible profit of 46.63 percent. The lowest price target was 36, implying potential capital losses of 31.96 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -4.03 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.89 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of CXW's earnings is estimated by analysts to be 17.76 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CXW has a PEG ratio of 0.81.

CXW has a 52-week high of 35.33 and a 52-week low of 12.99. The current market price is above the trailing year's low by 110.01 percent, and 22.79 percent lower than its 52-week high. CXW has a price/earnings ratio of 14.32. Investors typically compare the P/E ratio to a company's peers in the industry. The CXW value stock report compares CXW to some of its peers using value stock charts. The stock has a market capitalization of $3.27 billion. CXW's next earnings release will be on 0000-00-00, which is days away.