Geo Group, Inc. (GEO) concluded trading on Wednesday at a closing price of $12.30, with 3.93 million shares of worth about $48.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 71.79% during that period and on March 13, 2024 the price saw a gain of about 3.71%. Currently the company’s common shares owned by public are about 126.09M shares, out of which, 118.95M shares are available for trading.
Stock saw a price change of 3.02% in past 5 days and over the past one month there was a price change of 5.94%. Year-to-date (YTD), GEO shares are showing a performance of 13.57% which increased to 54.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.94 but also hit the highest price of $12.53 during that period. The average intraday trading volume for Geo Group, Inc. shares is 2.62 million. The stock is currently trading 3.50% above its 20-day simple moving average (SMA20), while that difference is up 7.35% for SMA50 and it goes to 35.96% higher than SMA200.
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Geo Group, Inc. (NYSE: GEO) currently have 126.09M outstanding shares and institutions hold larger chunk of about 76.47% of that.
The stock has a current market capitalization of $1.55B and its 3Y-monthly beta is at 0.59. PE ratio of stock for trailing 12 months is 17.15, while it has posted earnings per share of $0.72 in the same period. Its PEG reads 1.14 while making debt-to-equity ratio of 1.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GEO, volatility over the week remained 2.74% while standing at 3.55% over the month.
Analysts are in expectations that Geo Group, Inc. (GEO) stock would likely to be making an EPS of $0.19 in the current quarter, while forecast for next quarter EPS is $0.23 and it is $1.28 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.18 which is $0.2 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.22 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 0.53% while it is estimated to increase by 33.68% in next year. EPS is likely to grow at an annualized rate of 15.00% for next 5-years, compared to annual growth of -9.73% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on October 02, 2023 offering an Outperform rating for the stock and assigned a target price of $14 to it. Coverage by Wedbush stated Geo Group, Inc. (GEO) stock as an Outperform in their note to investors on November 29, 2022, suggesting a price target of $14 for the stock. On June 08, 2021, Wedbush Initiated their recommendations, while on June 29, 2020, Noble Capital Markets Initiated their ratings for the stock with a price target of $15. Stock get a Neutral rating from JP Morgan on February 15, 2019.
