ValuEngine Upgrades CoreCivic to STRONG BUY

For today’s bulletin, we take a look at our latest BUY and STRONG BUY upgrades and focus on one of our top upgrades for the day, Corecivic $CXW. We also provide a link to download a FREE STOCK REPORT on the company

VALUATION: Overvalued stocks now make up 50.18% of our stocks assigned a valuation and 17.7% of those equities are calculated to be overvalued by 20% or more. Nine sectors are calculated to be overvalued.

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For today’s edition of our upgrade list, we used our website’s advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. We have three STRONG BUY upgrades today–The Geo Group, CoreCivic Inc, and Century Link. The remaining two companies–MTN Group and United Bancorp–are BUY-rated upgrades. The Buy-rated stocks do not include valuation data, and are included here as a courtesy.

Ticker Company Name Market Price Valuation Last 12-M Return 1-M Forecast Return 1-Yr Forecast Return P/E Ratio Sector Name
GEO GEO GRP INC/THE 25.16 -11.17% 93.43% 1.35% 16.19% 10.51 Finance
CXW CORECIVIC INC 24.42 -17.21% 38.99% 1.31% 15.73% 9.51 Finance
CTL CENTURYLINK INC 19.16 -30.68% -34.23% 0.51% 6.14% 9.36 Computer and Technology
MTNOY MTN GROUP LTD 9.52 N/A 1.17% 0.56% 6.69% 11.20 Computer and Technology
UBCP UTD BANCORP -OH 12 N/A 20.60% 0.52% 6.18% N/A Finance

For today’s bulletin, we take a look at one of our top-ranked STRONG BUY upgrades for the day, CoreCivic, Inc. (CXW). Corecivic 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.

Below is our latest data for CoreCivic, Inc. (CXW):

ValuEngine updated its recommendation from BUY to STRONG BUY for CORECIVIC INC on 2017-08-18. Based on the information we have gathered and our resulting research, we feel that CORECIVIC INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Momentum.

You can download a free copy of detailed report on CoreCivic, Inc. (CXW) from the link below.

 

ValuEngine Forecast
Target
Price*
Expected
Return
1-Month 24.74 1.31%
3-Month 23.99 -1.76%
6-Month 24.10 -1.30%
1-Year 28.26 15.73%
2-Year 23.51 -3.74%
3-Year 22.32 -8.61%
Valuation & Rankings
Valuation 17.21% undervalued Valuation Rank(?) 76
1-M Forecast Return 1.31% 1-M Forecast Return Rank 100
12-M Return 38.99% Momentum Rank(?) 86
Sharpe Ratio -0.05 Sharpe Ratio Rank(?) 40
5-Y Avg Annual Return -2.30% 5-Y Avg Annual Rtn Rank 38
Volatility 44.92% Volatility Rank(?) 37
Expected EPS Growth -12.86% EPS Growth Rank(?) 12
Market Cap (billions) 2.84 Size Rank 76
Trailing P/E Ratio 9.51 Trailing P/E Rank(?) 93
Forward P/E Ratio 10.92 Forward P/E Ratio Rank 79
PEG Ratio n/a PEG Ratio Rank n/a
Price/Sales 1.56 Price/Sales Rank(?) 56
Market/Book 2.00 Market/Book Rank(?) 53
Beta 0.92 Beta Rank 44
Alpha -0.26 Alpha Rank 19

 

DOWNLOAD A FREE SAMPLE OF OUR CORECIVIC (CXW) REPORT BY CLICKING HERE

 

ValuEngine.com is an Independent Research Provider (IRP), producing buy/hold/sell recommendations, target price, and valuations on over 5,000 US and Canadian equities every trading day.
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Visit www.ValuEngine.com for more information

 

ValuEngine Capital Management LLC is a Registered Investment Advisory (RIA) firm that trades client accounts using ValuEngine’s award-winning stock research.
Contact ValuEngine Capital at info@valuenginecapital.com
Visit www.ValuEngineCapital.com for more information

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