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.

CXW was given price targets by several analysts. The highest price target was 40, implying potential capital gains of 46.63 percent. The lowest price target was 36, which equates to a potential downside of 31.96 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.89 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of CXW to grow at a rate of 17.76 percent. Another measure frequently examined by investors is the 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, but many choose to perform ratio comparisons with other companies in the industry. 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.