CoreCivic, Inc.s in-depth stock price analysis indicates that the stock price has rallied 52.2% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 75.84% . Looking at the past 52 week period, the stock price is up at 12.83% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of CoreCivic, Inc. has a negative value of -23.68 compared to overall market performance. CoreCivic, Inc. (NYSE:CXW) has climbed 4.41% in the past week and advanced 13.12% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.57% and the outperformance has advanced to 11.09% for the last 4 weeks period.
CoreCivic, Inc. (NYSE:CXW) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.2 points or 0.65% at $30.79 with 1,538,412 shares getting traded. Post opening the session at $31.18, the shares hit an intraday low of $30.44 and an intraday high of $31.25 and the price was in this range throughout the day. The company has a market cap of $3,619 million and the number of outstanding shares has been calculated to be 117,554,000 shares. The 52-week high of CoreCivic, Inc. (NYSE:CXW) is $35.05 and the 52-week low is $12.99.
Corrections Corp Of America Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.66. The company had revenue of $474.94 million for the quarter, compared to analysts expectations of $470.39 million. The companys revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Canaccord Genuity on Feb 10, 2017 to Buy, Raises Price Target to $ 34 from a previous price target of $30 .Company shares were Upgraded by Canaccord Genuity on Dec 12, 2016 to Buy, Raises Price Target to $ 28 from a previous price target of $22 .
Company has reported several Insider transactions to the SEC, on Dec 12, 2016, Harley G. Lappin (EVP, Chief Corrections Officer) sold 10,000 shares at 24.70 per share price.On Nov 28, 2016, Mark A Emkes (director) purchased 5,000 shares at 22.08 per share price.On Aug 24, 2016, Anne L Mariucci (director) purchased 5,000 shares at 19.26 per share price.
CoreCivic, Inc. is a real estate investment trust which provides correctional, detention and residential reentry facilities. It designs, constructs, owns, manages and renovates jails, prisons, government agencies and inmate transportation companies. CoreCivic, Inc., formerly known as Corrections Corporation of America, is based in Nashville, Tennessee.