The GEO Group Inc. [GEO] Stock trading around $8.89 per share: What’s Next?

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The GEO Group Inc. [NYSE: GEO] closed the trading session at $8.89 on 11/24/21. The day’s price range saw the stock hit a low of $8.81, while the highest price level was $9.13. The company report on November 4, 2021 that The GEO Group Reports Third Quarter 2021 Results.

The GEO Group, Inc. (NYSE: GEO) (“GEO”), a fully integrated equity real estate investment trust (“REIT”) and a leading provider of enhanced in-custody rehabilitation, post-release support, electronic monitoring, and community-based programs, reported its financial results for the third quarter and the first nine months of 2021.


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Third Quarter 2021 Highlights.

The stocks have a year to date performance of 0.34 percent and weekly performance of -4.00 percent. The stock has been moved at 73.63 percent over the last six months. The stock has performed 15.76 percent around the most recent 30 days and changed 16.97 percent over the most recent 3-months.

If compared to the average trading volume of 2.07M shares, GEO reached to a volume of 859531 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about The GEO Group Inc. [GEO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GEO shares is $13.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GEO stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wedbush have made an estimate for The GEO Group Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 08, 2021. While these analysts kept the previous recommendation, Noble Capital Markets raised their target price to Outperform. The new note on the price target was released on June 29, 2020, representing the official price target for The GEO Group Inc. stock. Previously, the target price had yet another raise to $26, while JP Morgan analysts kept a Neutral rating on GEO stock.

The Average True Range (ATR) for The GEO Group Inc. is set at 0.34, with the Price to Sales ratio for GEO stock in the period of the last 12 months amounting to 0.48. The Price to Book ratio for the last quarter was 1.05, with the Price to Cash per share for the same quarter was set at 4.34. Price to Free Cash Flow for GEO in the course of the last twelve months was 5.04 with Quick ratio for the last quarter at 2.20.

GEO stock trade performance evaluation

The GEO Group Inc. [GEO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.00. With this latest performance, GEO shares gained by 15.76% in over the last four-week period, additionally plugging by 73.63% over the last 6 months – not to mention a drop of -7.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GEO stock in for the last two-week period is set at 51.41, with the RSI for the last a single of trading hit 46.23, and the three-weeks RSI is set at 53.94 for The GEO Group Inc. [GEO]. The present Moving Average for the last 50 days of trading for this stock 8.25, while it was recorded at 8.96 for the last single week of trading, and 7.34 for the last 200 days.

The GEO Group Inc. [GEO]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The GEO Group Inc. [GEO] shares currently have an operating margin of +10.37 and a Gross Margin at +18.60. The GEO Group Inc.’s Net Margin is presently recorded at +4.81.

Return on Total Capital for GEO is now 6.23, given the latest momentum, and Return on Invested Capital for the company is 2.93. Return on Equity for this stock inclined to 11.84, with Return on Assets sitting at 2.58. When it comes to the capital structure of this company, The GEO Group Inc. [GEO] has a Total Debt to Total Equity ratio set at 333.56. Additionally, GEO Total Debt to Total Capital is recorded at 76.94, with Total Debt to Total Assets ending up at 68.29. Long-Term Debt to Equity for the company is recorded at 327.51, with the Long-Term Debt to Total Capital now at 75.54.

Reflecting on the efficiency of the workforce at the company, The GEO Group Inc. [GEO] managed to generate an average of $5,652 per employee. Receivables Turnover for the company is 5.92 with a Total Asset Turnover recorded at a value of 0.54.The GEO Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 and a Current Ratio set at 2.20.

Earnings per share (EPS) analysis for The GEO Group Inc. [GEO] stock

With the latest financial reports released by the company, The GEO Group Inc. posted 0.36/share EPS, while the average EPS was predicted by analysts to be reported at 0.29/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 24.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GEO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The GEO Group Inc. go to 15.00%.

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The GEO Group Inc. [GEO]: Insider Ownership positions

There are presently around $882 million, or 82.30% of GEO stock, in the hands of institutional investors. The top three institutional holders of GEO stocks are: VANGUARD GROUP INC with ownership of 21,223,914, which is approximately 0.557% of the company’s market cap and around 0.90% of the total institutional ownership; BLACKROCK INC., holding 18,105,676 shares of the stock with an approximate value of $160.96 million in GEO stocks shares; and STATE STREET CORP, currently with $40.44 million in GEO stock with ownership of nearly 0.874% of the company’s market capitalization.

Positions in The GEO Group Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 96 institutional holders increased their position in The GEO Group Inc. [NYSE:GEO] by around 10,377,549 shares. Additionally, 99 investors decreased positions by around 8,428,106 shares, while 35 investors held positions by with 80,367,139 shares. The mentioned changes placed institutional holdings at 99,172,794 shares, according to the latest SEC report filing. GEO stock had 30 new institutional investments in for a total of 2,634,360 shares, while 30 institutional investors sold positions of 2,753,451 shares during the same period.