Market Recap: Geo Group, Inc. (GEO)’s Positive Momentum, Closing at 12.61

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The closing price of Geo Group, Inc. (NYSE: GEO) was $12.61 for the day, up 0.48% from the previous closing price of $12.55. In other words, the price has increased by $0.48 from its previous closing price. On the day, 1.34 million shares were traded. GEO stock price reached its highest trading level at $12.825 during the session, while it also had its lowest trading level at $12.54.

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 33.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.55. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.38.

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 Aug 12 ’24 when ZOLEY GEORGE C bought 100,000 shares for $12.33 per share. The transaction valued at 1,232,700 led to the insider holds 3,900,904 shares of the business.

ZOLEY GEORGE C bought 100,000 shares of GEO for $1,221,700 on Aug 09 ’24. The Executive Chairman now owns 3,800,904 shares after completing the transaction at $12.22 per share. On Aug 13 ’24, another insider, ZOLEY GEORGE C, who serves as the Executive Chairman of the company, bought 50,000 shares for $12.33 each. As a result, the insider paid 616,600 and bolstered with 3,950,904 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 1760734208 and an Enterprise Value of 3530749440. As of this moment, Geo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.55, and their Forward P/E ratio for the next fiscal year is 10.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 1.457 whereas that against EBITDA is 7.799.

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 $7.09. The 50-Day Moving Average of the stock is -11.51%, while the 200-Day Moving Average is calculated to be -3.24%.

Shares Statistics:

GEO traded an average of 2.43M shares per day over the past three months and 2101520 shares per day over the past ten days. A total of 139.63M shares are outstanding, with a floating share count of 132.43M. Insiders hold about 5.15% of the company’s shares, while institutions hold 80.42% stake in the company. Shares short for GEO as of 1724976000 were 8539668 with a Short Ratio of 3.51, compared to 1722384000 on 9293499. Therefore, it implies a Short% of Shares Outstanding of 8539668 and a Short% of Float of 8.55.

Dividends & Splits

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

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