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 most optimistic price target was 40, implying potential capital gains of 46.63 percent. The most pessimistic price target was 36, implying potential capital losses of 31.96 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.03 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CXW is 0.81.

CXW has traded between a high of 35.33 and a low of 12.99 over the past year. Today's price is 110.01 percent above the 52-week low, and 22.79 percent below the high. CXW has a P/E 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.