Market Recap Check: Geo Group, Inc. (GEO)’s Negative Finish at 13.79, Up/Down -1.01

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The price of Geo Group, Inc. (NYSE: GEO) closed at $13.79 in the last session, down -1.01% from day before closing price of $13.93. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 1.12 million shares were traded. GEO stock price reached its highest trading level at $13.92 during the session, while it also had its lowest trading level at $13.72.

Ratios:

We take a closer look at GEO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.31. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 21 ’24 when KERNAN SCOTT MICHAEL sold 5,300 shares for $13.62 per share. The transaction valued at 72,173 led to the insider holds 23,936 shares of the business.

March Shayn P. sold 2,500 shares of GEO for $37,500 on Apr 05 ’24. The EVP, Acting CFO & Treasurer now owns 67,830 shares after completing the transaction at $15.00 per share. On Mar 14 ’24, another insider, ZOLEY GEORGE C, who serves as the Executive Chairman of the company, bought 50,000 shares for $12.48 each. As a result, the insider paid 624,025 and bolstered with 3,700,904 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 1879659776 and an Enterprise Value of 3572259328. As of this moment, Geo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.42, and their Forward P/E ratio for the next fiscal year is 10.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 1.482 whereas that against EBITDA is 7.677.

Stock Price History:

The Beta on a monthly basis for GEO is 0.66, which has changed by 0.8337766 over the last 52 weeks, in comparison to a change of 0.23232913 over the same period for the S&P500. Over the past 52 weeks, GEO has reached a high of $16.31, while it has fallen to a 52-week low of $6.94. The 50-Day Moving Average of the stock is -4.24%, while the 200-Day Moving Average is calculated to be 23.85%.

Shares Statistics:

According to the various share statistics, GEO traded on average about 2.61M shares per day over the past 3-months and 1987610 shares per day over the past 10 days. A total of 136.31M shares are outstanding, with a floating share count of 128.95M. Insiders hold about 5.40% of the company’s shares, while institutions hold 77.85% stake in the company. Shares short for GEO as of 1715731200 were 10269561 with a Short Ratio of 3.94, compared to 1713139200 on 22565542. Therefore, it implies a Short% of Shares Outstanding of 10269561 and a Short% of Float of 10.6300004.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 11.18. The current Payout Ratio is 0.00% for GEO, which recently paid a dividend on 2021-01-22 with an ex-dividend date of 1611273600. Stock splits for the company last occurred on 2017-04-25 when the company split stock in a 3:2 ratio.

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