CoreCivic Stock Target Price and Analyst Consensus

CXW Stock  USD 22.01  0.21  0.96%   
The current analyst and expert consensus on CoreCivic is Buy, with 2 strong buy opinions. The current projected CoreCivic target price consensus is 15.50 with 4 analyst opinions. Check out Macroaxis Advice on CoreCivic to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.
The most common way CoreCivic analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview CoreCivic executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on CoreCivic. We encourage you to use your own analysis of CoreCivic to validate this buy or sell advice. CoreCivic buy-or-sell recommendation module provides average expert sentiment on the projected CoreCivic target price to derive its highest and lowest estimates based on projected price volatility of 5.2898.
Lowest Forecast
14.11
Highest Forecast
17.21
Target Price
15.5
Gross Profit is likely to climb to about 342 M in 2024. Pretax Profit Margin is likely to climb to 0.05 in 2024. At this time, CoreCivic's Other Current Liabilities is fairly stable compared to the past year. Cash is likely to climb to about 127.9 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 933.6 M in 2024.
  
It's important to approach CoreCivic's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize CoreCivic price targets

CoreCivic's stock target price is an estimate of its future price, usually made by analysts. Using CoreCivic's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at CoreCivic's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if CoreCivic's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional CoreCivic Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of CoreCivic is a key component of CoreCivic valuation and have some predictive power on the future returns of a CoreCivic.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CoreCivic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
16.2221.5126.80
Details
Intrinsic
Valuation
LowRealHigh
14.2319.5224.81
Details
Naive
Forecast
LowNextHigh
15.3920.6825.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.180.190.20
Details

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Additional Tools for CoreCivic Stock Analysis

When running CoreCivic's price analysis, check to measure CoreCivic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoreCivic is operating at the current time. Most of CoreCivic's value examination focuses on studying past and present price action to predict the probability of CoreCivic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoreCivic's price. Additionally, you may evaluate how the addition of CoreCivic to your portfolios can decrease your overall portfolio volatility.