Corecivic Stock Operating Margin
| CXW Stock | USD 14.88 0.01 0.07% |
CoreCivic fundamentals help investors to digest information that contributes to CoreCivic's financial success or failures. It also enables traders to predict the movement of CoreCivic Stock. The fundamental analysis module provides a way to measure CoreCivic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CoreCivic stock.
| Last Reported | Projected for Next Year | ||
| Operating Profit Margin | 0.09 | 0.12 |
CoreCivic | Operating Margin |
CoreCivic Company Operating Margin Analysis
CoreCivic's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current CoreCivic Operating Margin | 0.11 % |
Most of CoreCivic's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CoreCivic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
CoreCivic Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for CoreCivic is extremely important. It helps to project a fair market value of CoreCivic Stock properly, considering its historical fundamentals such as Operating Margin. Since CoreCivic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CoreCivic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CoreCivic's interrelated accounts and indicators.
Click cells to compare fundamentals
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
CoreCivic Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, CoreCivic has an Operating Margin of 0.1093%. This is 99.73% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The operating margin for all United States stocks is 101.98% lower than that of the firm.
CoreCivic Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CoreCivic's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CoreCivic could also be used in its relative valuation, which is a method of valuing CoreCivic by comparing valuation metrics of similar companies.CoreCivic is currently under evaluation in operating margin category among related companies.
CoreCivic Fundamentals
| Return On Equity | 0.0465 | ||||
| Return On Asset | 0.0336 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 2.79 B | ||||
| Shares Outstanding | 111.63 M | ||||
| Shares Owned By Insiders | 1.91 % | ||||
| Shares Owned By Institutions | 88.49 % | ||||
| Number Of Shares Shorted | 4.04 M | ||||
| Price To Earning | 27.09 X | ||||
| Price To Book | 1.16 X | ||||
| Price To Sales | 0.91 X | ||||
| Revenue | 1.9 B | ||||
| Gross Profit | 431.54 M | ||||
| EBITDA | 298.12 M | ||||
| Net Income | 67.59 M | ||||
| Cash And Equivalents | 149.4 M | ||||
| Cash Per Share | 0.98 X | ||||
| Total Debt | 1.1 B | ||||
| Debt To Equity | 0.97 % | ||||
| Current Ratio | 1.06 X | ||||
| Book Value Per Share | 13.11 X | ||||
| Cash Flow From Operations | 231.9 M | ||||
| Short Ratio | 4.10 X | ||||
| Earnings Per Share | 0.59 X | ||||
| Price To Earnings To Growth | 1.44 X | ||||
| Target Price | 18.5 | ||||
| Number Of Employees | 11.69 K | ||||
| Beta | 0.83 | ||||
| Market Capitalization | 1.69 B | ||||
| Total Asset | 3.11 B | ||||
| Retained Earnings | (308.85 M) | ||||
| Working Capital | 177.46 M | ||||
| Current Asset | 342.06 M | ||||
| Current Liabilities | 324.6 M | ||||
| Five Year Return | 9.64 % | ||||
| Net Asset | 3.11 B |
About CoreCivic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CoreCivic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CoreCivic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CoreCivic based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
CoreCivic Investors Sentiment
The influence of CoreCivic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CoreCivic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CoreCivic's public news can be used to forecast risks associated with an investment in CoreCivic. The trend in average sentiment can be used to explain how an investor holding CoreCivic can time the market purely based on public headlines and social activities around CoreCivic. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CoreCivic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CoreCivic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CoreCivic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CoreCivic.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CoreCivic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CoreCivic's short interest history, or implied volatility extrapolated from CoreCivic options trading.
Pair Trading with CoreCivic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CoreCivic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CoreCivic will appreciate offsetting losses from the drop in the long position's value.Moving against CoreCivic Stock
| 0.71 | ELS | Equity Lifestyle Pro Earnings Call This Week | PairCorr |
| 0.69 | OPI | Office Properties Financial Report 24th of April 2024 | PairCorr |
| 0.59 | ROIC | Retail Opportunity Earnings Call This Week | PairCorr |
| 0.59 | KW | Kennedy Wilson Holdings Financial Report 1st of May 2024 | PairCorr |
| 0.54 | HPP | Hudson Pacific Properties Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to CoreCivic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoreCivic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CoreCivic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CoreCivic to buy it.
The correlation of CoreCivic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CoreCivic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoreCivic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CoreCivic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out CoreCivic Piotroski F Score and CoreCivic Altman Z Score analysis. For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary 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.
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Is CoreCivic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CoreCivic. If investors know CoreCivic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CoreCivic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.103 | Earnings Share 0.59 | Revenue Per Share 16.667 | Quarterly Revenue Growth 0.042 | Return On Assets 0.0336 |
The market value of CoreCivic is measured differently than its book value, which is the value of CoreCivic that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCivic's value that differs from its market value or its book value, called intrinsic value, which is CoreCivic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CoreCivic's market value can be influenced by many factors that don't directly affect CoreCivic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CoreCivic's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCivic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCivic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.