Geo Group, Inc (NYSE:GEO) shares, rose in value on Thursday, March 27, with the stock price up by 2.56% to the previous day’s close as strong demand from buyers drove the stock to $30.40.
Actively observing the price movement in the last trading, the stock closed the session at $29.64, falling within a range of $29.0 and $30.5092. The value of beta (5-year monthly) was 0.878 whereas the PE ratio was 159.41 over 12-month period. Referring to stock’s 52-week performance, its high was $36.46, and the low was $11.75. On the whole, GEO has fluctuated by 17.92% over the past month.
With the market capitalization of Geo Group, Inc currently standing at about $4.34 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.66B, with a low estimate of 603.5M and a high estimate of 625.27M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 611.81M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GEO’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of GEO currently trading nearly 13.49% and 6.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.53, while the 7-day volatility ratio is showing 3.73% which for the 30-day chart, stands at 6.38%. Furthermore, Geo Group, Inc (GEO)’s beta value is 0.76, and its average true range (ATR) is 1.50.
A comparison of Geo Group, Inc (GEO) with its peers suggests the former has fared considerably weaker in the market. GEO showed an intraday change of 2.56% in last session, and over the past year, it grew by 108.65%%.
Data on historical trading for Geo Group, Inc (NYSE:GEO) indicates that the trading volumes over the past 10 days have averaged 2.67 and over the past 3 months, they’ve averaged 2.91 million. According to company’s latest data on outstanding shares, there are 140.18 million shares outstanding.
Nearly 5.86% of Geo Group, Inc’s shares belong to company insiders and institutional investors own 84.73% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.68 million shares as on 2025-03-14, resulting in a short ratio of 3.53. According to the data, the short interest in Geo Group, Inc (GEO) stood at 917.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 8.96 million. The stock has risen by 8.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GEO stock heading into the next quarter.
