The trading price of Geo Group, Inc (NYSE:GEO) floating higher at last check on current market day and closing at $27.05, 0.45% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $26.769 and $27.655. The company’s P/E ratio in the trailing 12-month period was 107.09, while its 5Y monthly beta was 0.625. In examining the 52-week price action we see that the stock hit a 52-week high of $36.46 and a 52-week low of $11.01. Over the past month, the stock has lost -12.94% in value.
Geo Group, Inc, whose market valuation is $3.78 billion at the time of this writing, is expected to release its quarterly earnings report in March. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.23 per share this quarter, however they have predicted annual earnings per share of 0.85 for current year and 1.68 for next year.
Analysts have forecast the company to bring in revenue of 607.45M for the current quarter, with the likely lows of 598.72M and highs of 615M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 2.42B.
On the technical side, indicators suggest GEO has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned GEO a recommendation rating is 16. Out of them, 4 rate it a Hold, while 12 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Geo Group, Inc (GEO) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.17, which symbolizes a positive outlook. A quick review shows that GEO’s price is currently -13.59% off the SMA20 and -8.19% off the SMA50. The RSI metric on the 14-day chart is currently showing 35.52, and weekly volatility stands at 6.09%. When measured over the past 30 days, the indicator reaches 5.74%. Geo Group, Inc (NYSE:GEO)’s beta value is currently sitting at 0.87, while the Average True Range indicator is currently displaying 1.63. With analysts defining $14-$14 as the low and high price targets, we arrive at a consensus price target of $14 for the trailing 12-month period. The current price is about 48.24% off the estimated low and 48.24% off the forecast high, based on this estimate. Investors will be thrilled if GEO’s share price rises to $14, which is the median consensus price. At that level, GEO’s share price would be 48.24% above current price.
To see how Geo Group, Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: GEO stock’s performance was 0.45% at last check in today’s session, and 136.24% in the past year. Geo Group, Inc has a P/E ratio of 107.09.
An evaluation of the daily trading volume of Geo Group, Inc (NYSE:GEO) indicates that the 3-month average is 3.26 million. However, this figure has increased over the past 10 days to an average of 3.08.
Currently, records show that 139.72 million of the company’s shares remain outstanding. The insiders hold 5.24% of outstanding shares, whereas institutions hold 77.23%. The stats also highlight that short interest as of 2025-01-15, stood at 10.35 million shares, resulting in a short ratio of 3.94 at that time. From this, we can conclude that short interest is 1034.00 of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 10.72 million. However, since the stock’s price has seen -3.32% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
