Geo Group, Inc. (NYSE: GEO) has a price-to-earnings ratio of 21.20x that is above its average ratio. Additionally, the 36-month beta value for GEO is 0.58. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for GEO is 119.24M and currently, short sellers hold a 20.53% ratio of that float. The average trading volume of GEO on April 16, 2024 was 2.84M shares.
GEO) stock’s latest price update
Geo Group, Inc. (NYSE: GEO)’s stock price has decreased by -1.11 compared to its previous closing price of 15.37. However, the company has seen a -4.58% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-03 that GEO Group saw solid results outside its electronic monitoring segment, which continues to be a drag. That said, biggest potential catalyst for GEO is its electronic monitoring segment, but budgetary issues and weak ISAP participation have hindered its growth. The stock is very cheap both versus its nearest competitor and historically.
GEO’s Market Performance
Geo Group, Inc. (GEO) has experienced a -4.58% fall in stock performance for the past week, with a 21.79% rise in the past month, and a 41.79% rise in the past quarter. The volatility ratio for the week is 3.21%, and the volatility levels for the past 30 days are at 4.01% for GEO. The simple moving average for the past 20 days is 4.88% for GEO’s stock, with a 55.06% simple moving average for the past 200 days.
Analysts’ Opinion of GEO
Many brokerage firms have already submitted their reports for GEO stocks, with Northland Capital repeating the rating for GEO by listing it as a “Outperform.” The predicted price for GEO in the upcoming period, according to Northland Capital is $14 based on the research report published on October 02, 2023 of the previous year 2023.
Wedbush, on the other hand, stated in their research note that they expect to see GEO reach a price target of $14, previously predicting the price at $10. The rating they have provided for GEO stocks is “Outperform” according to the report published on November 29th, 2022.
Wedbush gave a rating of “Neutral” to GEO, setting the target price at $7 in the report published on June 08th of the previous year.
GEO Trading at 17.93% from the 50-Day Moving Average
After a stumble in the market that brought GEO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.81% of loss for the given period.
Volatility was left at 4.01%, however, over the last 30 days, the volatility rate increased by 3.21%, as shares surge +15.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.75% upper at present.
During the last 5 trading sessions, GEO fell by -4.58%, which changed the moving average for the period of 200-days by +111.99% in comparison to the 20-day moving average, which settled at $14.60. In addition, Geo Group, Inc. saw 40.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GEO starting from March Shayn P., who sale 2,500 shares at the price of $15.00 back on Apr 05 ’24. After this action, March Shayn P. now owns 67,830 shares of Geo Group, Inc., valued at $37,500 using the latest closing price.
ZOLEY GEORGE C, the Executive Chairman of Geo Group, Inc., purchase 50,000 shares at $12.48 during a trade that took place back on Mar 14 ’24, which means that ZOLEY GEORGE C is holding 3,700,904 shares at $624,025 based on the most recent closing price.
Stock Fundamentals for GEO
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.24 for the gross margin
The net margin for Geo Group, Inc. stands at 0.04. The total capital return value is set at 0.11. Equity return is now at value 7.79, with 2.57 for asset returns.
Based on Geo Group, Inc. (GEO), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.4. The interest coverage ratio of the stock is 1.66.
Currently, EBITDA for the company is 478.17 million with net debt to EBITDA at 3.66. When we switch over and look at the enterprise to sales, we see a ratio of 1.54. The receivables turnover for the company is 6.19for trailing twelve months and the total asset turnover is 0.65.
Conclusion
In conclusion, Geo Group, Inc. (GEO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
