Daily Market Movement: Geo Group, Inc. (GEO) Sees a -3.95 Decrease, Closing at 15.06

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The closing price of Geo Group, Inc. (NYSE: GEO) was $15.06 for the day, down -3.95% from the previous closing price of $15.68. In other words, the price has decreased by -$3.95 from its previous closing price. On the day, 2.4 million shares were traded. GEO stock price reached its highest trading level at $15.84 during the session, while it also had its lowest trading level at $15.02.

Ratios:

Our analysis of GEO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.16. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.37.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on October 02, 2023, initiated with a Outperform rating and assigned the stock a target price of $14.

On November 29, 2022, Wedbush Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $10 to $14.

On June 08, 2021, Wedbush started tracking the stock assigning a Neutral rating and target price of $7.Wedbush initiated its Neutral rating on June 08, 2021, with a $7 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 15 ’24 when March Shayn P. sold 2,500 shares for $17.50 per share. The transaction valued at 43,750 led to the insider holds 65,330 shares of the business.

KERNAN SCOTT MICHAEL sold 5,300 shares of GEO for $72,173 on May 21 ’24. The Director now owns 23,936 shares after completing the transaction at $13.62 per share. On Apr 05 ’24, another insider, March Shayn P., who serves as the EVP, Acting CFO & Treasurer of the company, sold 2,500 shares for $15.00 each. As a result, the insider received 37,500 and left with 67,830 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GEO now has a Market Capitalization of 2052768384 and an Enterprise Value of 3741908480. As of this moment, Geo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.30, and their Forward P/E ratio for the next fiscal year is 11.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 1.552 whereas that against EBITDA is 8.041.

Stock Price History:

Over the past 52 weeks, GEO has reached a high of $18.05, while it has fallen to a 52-week low of $6.94. The 50-Day Moving Average of the stock is 4.09%, while the 200-Day Moving Average is calculated to be 21.96%.

Shares Statistics:

GEO traded an average of 2.45M shares per day over the past three months and 2419810 shares per day over the past ten days. A total of 136.31M shares are outstanding, with a floating share count of 129.36M. Insiders hold about 5.10% of the company’s shares, while institutions hold 79.13% stake in the company. Shares short for GEO as of 1721001600 were 9892243 with a Short Ratio of 4.04, compared to 1718323200 on 10575411. Therefore, it implies a Short% of Shares Outstanding of 9892243 and a Short% of Float of 10.24.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 11.18.

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