NYSE:CXWCommercial Services
CoreCivic (CXW) Stock Looks Reasonable On Earnings Yet Stretched On Broader Checks
CoreCivic stock has delivered a very strong 230.3% return over the past three years, yet its latest valuation checks suggest the shares no longer look like a straightforward bargain at around US$30.65.
A 230.3% return over three years puts CoreCivic among the stronger performers in its space, which can leave new buyers questioning how much upside is already reflected in the price.
The recent US$1.5b sale of two detention facilities to the U.S. government may support future cash generation...