The stock of Geo Group, Inc. (NYSE: GEO) has decreased by -0.81 when compared to last closing price of 14.86. Despite this, the company has experienced a -2.19% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-01 that Geo Group (GEO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Is It Worth Investing in Geo Group, Inc. (NYSE: GEO) Right Now?
The price-to-earnings ratio for Geo Group, Inc. (NYSE: GEO) is 20.56x, which is above its average ratio. Moreover, the 36-month beta value for GEO is 0.58. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for GEO is 120.66M and currently, short sellers hold a 18.70% of that float. On May 02, 2024, GEO’s average trading volume was 2.76M shares.
GEO’s Market Performance
GEO’s stock has seen a -2.19% decrease for the week, with a 5.97% rise in the past month and a 32.55% gain in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 3.18% for Geo Group, Inc. The simple moving average for the past 20 days is -2.03% for GEO’s stock, with a 43.58% 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 7.58% 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 -9.63% of loss for the given period.
Volatility was left at 3.18%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +4.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.45% upper at present.
During the last 5 trading sessions, GEO fell by -2.19%, which changed the moving average for the period of 200-days by +107.31% in comparison to the 20-day moving average, which settled at $15.08. In addition, Geo Group, Inc. saw 36.10% 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 1.52. The receivables turnover for the company is 6.19for trailing twelve months and the total asset turnover is 0.65.
Conclusion
To wrap up, the performance of Geo Group, Inc. (GEO) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
