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Take A Look At This The GEO Group Inc. (NYSE: GEO) Analysis Before You Invest

The GEO Group Inc. (NYSE:GEO) traded at $11.23 at last check on Tuesday, 01/24/23, made an upward move of 1.72% on its previous day’s price.

Looking at the stock we see that its previous close was $11.04 and the beta (5Y monthly) reads 0.52 with the day’s price range being $11.01 – $11.31. The company has a trailing 12-month PE ratio of 20.91. In terms of its 52-week price range, GEO has a high of $12.44 and a low of $5.20. The company’s stock has lost about -0.18% over that past 30 days.

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The GEO Group Inc. has a market cap of $1.34 billion and is expected to release its quarterly earnings report on Feb 15, 2023 – Feb 20, 2023. Estimates by analysts give the company expected earnings per share (EPS) of $0.26, with the EPS growth for the year raised at $1.27 for 2022 and $1.22 for next year. These figures represent -3.80% and -3.90% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $603.96 million, with a low of $603 million and a high of $605.8 million. The median projection represents growth squeezing down to 8.30% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $2.35 billion, or 4.10% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the GEO stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.

Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the The GEO Group Inc. (GEO) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the GEO stock currently stands at 1.39, and the most recent price level today is 1.41% off its SMA20 and 4.09% from its 50-day simple moving average. The RSI (14) is pointing at 54.23 while the volatility over the past week is 3.53% and jumps to 3.68% over the past one month. The beta value is 0.68, while the average true range (ATR) is currently pointing at 0.43. The average price target for the stock over the next 12 months is $14.67, with the estimates having a low of $14.00 and a high of $15.00. These price ends are -24.67% and -33.57% off the today’s price level respectively, although investors could be excited at the prospect of a -33.57% if the GEO share price touches on the median price of $15.00.

Let’s briefly compare The GEO Group Inc. (GEO) stock to its peers. We find that today’s price change of 1.72% and 52.91% over the past 12 months for GEO competes that of CoreCivic Inc. (CXW), which has seen its stock price rise 1.74% in the latest trading session and is 6.21% over the last one year. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -1.43% and -1.17%, respectively, in early deals.

Coming back to The GEO Group Inc. (NYSE:GEO), we note that the average 3-month trading volume was 2.40 million, while that of the preceding 10-day period stands at 2.16 million. Current shares outstanding are 121.15 million.

The insiders hold 4.77% of the company’s shares while institutions hold 79.00%. The data shows that short shares as of Oct 13, 2022, stood at 20.22 million at a short ratio of 11.59. This represents a 16.30% short interest in shares outstanding on Oct 13, 2022. Shares short rose in October from the previous month at 19.2 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 0.82% up in year-to-date price movement.

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