CoreCivic, Inc. (NYSE:CXW)’s interesting series of developments are underway around the US stock market these days. Now trading with a market value of 1.90B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.CoreCivic, Inc. (NYSE:CXW) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For CXW, the company currently has 86.9 million of cash on the books, which is offset by 0 in current liabilities. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 0 in total assets, balanced by 0 in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
CoreCivic, Inc. saw 143077 in free cash flow last quarter, representing a quarterly net change in cash of 12758. Perhaps most importantly where cash movements are concerned, the company saw about 166622 in net operating cash flow.
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 490.29 million in total revenues. That represents a quarterly year/year change in revenues of 0.08% in sequential terms, the CXW saw sales decline by 0.01%.
But what about the bottom line? After all, that’s what really matters in the end. CoreCivic, Inc. is intriguing when broken down to its core data. The cost of selling goods last quarter was 345.68 million, yielding a gross basic income of 144.62 million. For shareholders, given the total diluted outstanding shares of 119.08M, this means overall earnings per share of 410.