Important negative changes in CoreCivic Inc (NYSE: CXW) fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
CoreCivic Inc (NYSE: CXW). Significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CXW is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
CoreCivic has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CoreCivic has a neutral Appreciation Score of 53 but a poor Power Rating of 27, resulting in the Negative Value Trend Rating.
Recent Price Action
On 7/24/24, CoreCivic Inc (NYSE: CXW) stock declined by -4.9%, closing at $14.12. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -6.1% during the last week.
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