In last trading session, Geo Group, Inc (NYSE:GEO) saw 14.45 million shares changing hands with its beta currently measuring 0.71. Company’s recent per share price level of $24.43 trading at $2.93 or 13.63% at ring of the bell on the day assigns it a market valuation of $3.41B. That closing price of GEO’s stock is at a premium of 11.83% from its 52-week high price of $21.54 and is indicating a premium of 65.9% from its 52-week low price of $8.33. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.8 million shares which gives us an average trading volume of 2.41 million if we extend that period to 3-months.
For Geo Group, Inc (GEO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 16 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 12 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.24 in the current quarter.
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Geo Group, Inc (NYSE:GEO) trade information
Upright in the green during last session for gaining 13.63%, in the last five days GEO remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $24.43 price level, adding 0.61% to its value on the day. Geo Group, Inc’s shares saw a change of 125.58% in year-to-date performance and have moved 60.94% in past 5-day. Geo Group, Inc (NYSE:GEO) showed a performance of 79.37% in past 30-days. Number of shares sold short was 5.51 million shares which calculate 3.03 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a fall of -74.5% to its current value. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 14. It follows that stock’s current price would jump 42.69% in reaching the projected high whereas dropping to the targeted low would mean a gain of 42.69% for stock’s current value.
Geo Group, Inc (GEO) estimates and forecasts
Statistics highlight that Geo Group, Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 79.24% of value to its shares in past 6 months, showing an annual growth rate of -4.21% while that of industry is 17.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.30% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 613.26M for the same. And 4 analysts are in estimates of company making revenue of 618.58M in the next quarter. Company posted 602.78M and 608.28M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -9.73% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -2.89% while estimates for its earnings growth in next 5 years are of 10.00%.
Geo Group, Inc (NYSE:GEO)’s Major holders
Insiders are in possession of 4.75% of company’s total shares while institution are holding 80.20 percent of that, with stock having share float percentage of 84.19%. Investors also watch the number of corporate investors in a company very closely, which is 80.20% institutions for Geo Group, Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at GEO for having 19.66 million shares of worth $282.25 million. And as of 2024-06-30, it was holding 16.0454 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 14.55 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.8811 of outstanding shares, having a total worth of $209.0 million.
