Shares of CoreCivic, Inc. (NYSE:CXW) opened at $28.03, and ended 2.09% higher at $28.38. Nearly 0.62 million shares were traded by the close, lower than its average daily volume of 1.05 million shares.
CoreCivic, Inc. (CXW) Analyst Opinion
CoreCivic, Inc. has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 3.84% of shares outstanding. The stock sank -3.63% last month and is up 16.03 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover CXW having a buy-equivalent rating. Analysts have placed a $36.5 price target on CoreCivic, Inc., suggesting a 28.61% gain from recent close. It’s currently trading about -19.67% below its 52-week high.
CoreCivic, Inc. Earnings Surprise
CoreCivic, Inc. (CXW) surprised the stock market in its last reported earnings when it earned $0.42 a piece versus the consensus-estimated $0.38. Its revenue totaled $446.12 million down -3.88% from the previous quarter.
CoreCivic, Inc. (NYSE:CXW) Intraday View
This stock (CXW) is ahead of its 52-week low with 118.48%. Its last month’s stock price volatility remained 2.47% which for the week stands at 2.74%. The share price has moved forward from its 20 days moving average, trading at a distance of 1.88% and stays -4.84% away from its 50 days moving average. Over the last five days, shares have managed 3.2% gains and now is up 6.23% since hitting its 200-day moving average of $30.27. CoreCivic, Inc. (CXW) has made its way to a 12-month decline of -14%.
Turning to Broadcom Limited (NASDAQ:AVGO), its shares were trading at $250.29 a gain of $2.98, on the trading floor. The stock, after opening at $248.63, touched a high of $250.4 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.7. Broadcom Limited has 13 buy ratings, 1 holds and 0 sells even after the stock tumbled -2.53% from its high of $256.78 to a $100.87 billion market value through last close.
Broadcom Limited (AVGO) Consensus Price Target
The company’s consensus rating on Reuter’s scale slipped from 1.68 to 1.65 during a month. Analysts set a 12-month price target of $273.5 a share. The target implies a 9.27% spike from where the shares are currently trading. Also, the current price highlights a discount of 21.86% to analysts’ high consensus price target.
Broadcom Limited (NASDAQ:AVGO) Intraday Trading
The counter witnessed a trading volume of 1.42 million shares versus an average volume of 2.7 million shares during last trading session. Its last month’s stock price volatility remained 1.51% which for the week approaches 2.05%. The lowest price the stock reached in the last trading day was $247.85 and compares with the $151.93 52-week low. The stock recovered 59.74% since its low point and has performed 41.59% year-to-date.