The GEO Group Inc. [GEO] is 9.55% higher this YTD. Is it still time to buy?

The GEO Group Inc. [NYSE: GEO] surged by $0.31 during the normal trading session on Thursday and reaching a high of $8.52 during the day while it closed the day at $8.49. The company report on August 22, 2022 that The GEO Group Closes Previously Announced Transactions to Address Its Debt Maturities and Strengthen Its Capital Structure.


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The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that on Friday, August 19, 2022, the Company successfully closed the previously announced transactions (the “Transactions”) to comprehensively address the substantial majority of GEO’s outstanding debt. As previously disclosed, GEO’s new outstanding debt maturities are approximately $125 million in 2023; approximately $165 million in 2024; approximately $341 million in 2026; approximately $1.1 billion in 2027; and approximately $526 million in 2028. Following the Transactions, GEO has approximately $200 million in domestic unrestricted cash and cash equivalents and total liquidity of approximately $375 million.

George C. Zoley, Executive Chairman of GEO, said, “We are very pleased to have successfully closed our comprehensive Transactions to address the substantial majority of our outstanding debt maturities. The Transactions stagger our debt maturities over a longer period of time and significantly reduce our total recourse debt due in 2023 and 2024 to less than $300 million, which we expect to be able to fully repay with our available liquidity, the expected future proceeds from the sale of certain non-core assets, and our current free cash flow run rate.

The GEO Group Inc. stock has also gained 5.20% of its value over the past 7 days. However, GEO stock has inclined by 19.92% in the 3 months of the year. Over the past six months meanwhile, it has gained 42.69% and gained 9.55% year-on date.

The market cap for GEO stock reached $1.04 billion, with 121.12 million shares outstanding and 118.20 million shares in the current float. Compared to the average trading volume of 2.13M shares, GEO reached a trading volume of 2628628 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 $13.00 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 0.46, with the Price to Sales ratio for GEO stock in the period of the last 12 months amounting to 0.46. The Price to Book ratio for the last quarter was 0.96, with the Price to Cash per share for the same quarter was set at 4.78. Price to Free Cash Flow for GEO in the course of the last twelve months was 5.56 with Quick ratio for the last quarter at 2.60.

GEO stock trade performance evaluation

The GEO Group Inc. [GEO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.20. With this latest performance, GEO shares gained by 19.75% in over the last four-week period, additionally plugging by 42.69% over the last 6 months – not to mention a rise of 8.15% 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 63.85, with the RSI for the last a single of trading hit 64.79, and the three-weeks RSI is set at 62.60 for The GEO Group Inc. [GEO]. The present Moving Average for the last 50 days of trading for this stock 7.05, while it was recorded at 8.34 for the last single week of trading, and 6.92 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 +12.77 and a Gross Margin at +21.82. The GEO Group Inc.’s Net Margin is presently recorded at +3.12.

Return on Equity for this stock inclined to 7.46, with Return on Assets sitting at 1.57.

The GEO Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.60 and a Current Ratio set at 2.60.

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

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%.

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

There are presently around $890 million, or 86.50% of GEO stock, in the hands of institutional investors. The top three institutional holders of GEO stocks are: FMR LLC with ownership of 18,614,174, which is approximately 10.304% of the company’s market cap and around 4.50% of the total institutional ownership; BLACKROCK INC., holding 18,209,834 shares of the stock with an approximate value of $154.6 million in GEO stocks shares; and VANGUARD GROUP INC, currently with $115.3 million in GEO stock with ownership of nearly -1.945% 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 88 institutional holders increased their position in The GEO Group Inc. [NYSE:GEO] by around 12,408,418 shares. Additionally, 101 investors decreased positions by around 11,735,870 shares, while 36 investors held positions by with 80,700,950 shares. The mentioned changes placed institutional holdings at 104,845,238 shares, according to the latest SEC report filing. GEO stock had 34 new institutional investments in for a total of 1,635,735 shares, while 25 institutional investors sold positions of 2,589,987 shares during the same period.

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