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 highest price target was 40, which equates to a potential upside of 46.63 percent. The most pessimistic analyst gave a price target of 36, implying a possible loss 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. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

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. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CXW is 0.81.

In the last 52-weeks, CXW has achieved a high of 35.33 and a low of 12.99. The current market price is above the trailing year's low by 110.01 percent, and below the high by 22.79 percent. 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.