Geo Group, Inc. (GEO) concluded trading on Wednesday at a closing price of $14.99, with 3.29 million shares of worth about $49.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 70.53% during that period and on April 17, 2024 the price saw a loss of about -1.25%. Currently the company’s common shares owned by public are about 126.09M shares, out of which, 120.66M shares are available for trading.
However, the stock later moved at a day high price of 15.78, or with a loss of -1.25%. Stock saw a price change of -3.85% in past 5 days and over the past one month there was a price change of 16.47%. Year-to-date (YTD), GEO shares are showing a performance of 38.41% which increased to 85.06% 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 $16.31 during that period. The average intraday trading volume for Geo Group, Inc. shares is 2.83 million. The stock is currently trading 1.90% above its 20-day simple moving average (SMA20), while that difference is up 14.95% for SMA50 and it goes to 51.68% 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 75.52% of that.
The stock has a current market capitalization of $1.91B and its 3Y-monthly beta is at 0.57. PE ratio of stock for trailing 12 months is 20.90, while it has posted earnings per share of $0.72 in the same period. Its PEG reads 1.39 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 2.79% while standing at 3.89% over the month.
Stock’s fiscal year EPS is expected to rise by 7.89% while it is estimated to increase by 33.98% 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.
