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.

Many analysts weighed in on price targets for CXW. The most optimistic price target was 40, implying a possible profit of 46.63 percent. The most pessimistic price target was 36, implying potential capital losses of 31.96 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.03 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of CXW's earnings is estimated by analysts to be 17.76 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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, but many choose to perform ratio comparisons with other companies in the industry. 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. Currently the stock is 110.01 percent higher than its 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 market cap of CXW is $3.27 billion. CXW's next earnings release will be on 0000-00-00, which is days away.