Sunday, October 25, 2020

The GEO Group Inc. [GEO] Is Currently 2.62 below its 200 Period Moving Avg: What Dose This Mean?

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The GEO Group Inc. [NYSE: GEO] gained 2.62% on the last trading session, reaching $10.98 price per share at the time.

The GEO Group Inc. represents 119.81 million in outstanding shares, while the company has a total market value of $1.30 billion with the latest information. GEO stock price has been found in the range of $10.63 to $11.00.

If compared to the average trading volume of 1.70M shares, GEO reached a trading volume of 1180443 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $16.50 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 2.00. 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.

Noble Capital Markets have made an estimate for The GEO Group Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 29, 2020. The new note on the price target was released on February 15, 2019, representing the official price target for The GEO Group Inc. stock. Previously, the target price had yet another raise to $35, while JP Morgan analysts kept a Overweight rating on GEO stock. On March 08, 2017, analysts decreased their price target for GEO shares from 52 to 50.

The Average True Range (ATR) for The GEO Group Inc. is set at 0.33, with the Price to Sales ratio for GEO stock in the period of the last 12 months amounting to 0.53. The Price to Book ratio for the last quarter was 1.39, with the Price to Cash per share for the same quarter was set at 0.64. Price to Free Cash Flow for GEO in the course of the last twelve months was 43.28 with Quick ratio for the last quarter at 1.30.

Trading performance analysis for GEO stock

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 -2.23. With this latest performance, GEO shares dropped by -0.27% in over the last four-week period, additionally sinking by -3.85% over the last 6 months – not to mention a drop of -37.04% 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 49.75, with the RSI for the last a single of trading hit 48.83, and the three-weeks RSI is set at 48.10 for The GEO Group Inc. [GEO]. The present Moving Average for the last 50 days of trading for this stock 11.02, while it was recorded at 10.81 for the last single week of trading, and 13.09 for the last 200 days.

The GEO Group Inc. [GEO]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and The GEO Group Inc. [GEO] shares currently have an operating margin of +6.03 and a Gross Margin at +19.63. The GEO Group Inc.’s Net Margin is presently recorded at +6.72.

Return on Total Capital for GEO is now 3.90, given the latest momentum, and Return on Invested Capital for the company is 4.58. Return on Equity for this stock inclined to 16.36, with Return on Assets sitting at 3.89. 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 287.73. Additionally, GEO Total Debt to Total Capital is recorded at 74.21, with Total Debt to Total Assets ending up at 66.43. Long-Term Debt to Equity for the company is recorded at 282.67, with the Long-Term Debt to Total Capital now at 72.90.

Reflecting on the efficiency of the workforce at the company, The GEO Group Inc. [GEO] managed to generate an average of $7,573 per employee. Receivables Turnover for the company is 3.03 with a Total Asset Turnover recorded at a value of 0.58.The GEO Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

The GEO Group Inc. [GEO]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, The GEO Group Inc. posted 0.33/share EPS, while the average EPS was predicted by analysts to be reported at 0.36/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -8.30%. 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%.

An analysis of insider ownership at The GEO Group Inc. [GEO]

There are presently around $912 million, or 69.00% of GEO stock, in the hands of institutional investors. The top three institutional holders of GEO stocks are: VANGUARD GROUP INC with ownership of 19,195,729, which is approximately -3.906% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 14,304,538 shares of the stock with an approximate value of $157.06 million in GEO stocks shares; and BARROW HANLEY MEWHINNEY & STRAUSS LLC, currently with $59.23 million in GEO stock with ownership of nearly -6.736% of the company’s market capitalization.

Positions in The GEO Group Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 130 institutional holders increased their position in The GEO Group Inc. [NYSE:GEO] by around 6,757,875 shares. Additionally, 95 investors decreased positions by around 15,786,414 shares, while 30 investors held positions by with 60,487,512 shares. The mentioned changes placed institutional holdings at 83,031,801 shares, according to the latest SEC report filing. GEO stock had 41 new institutional investments in for a total of 1,787,610 shares, while 25 institutional investors sold positions of 10,065,399 shares during the same period.

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