Geo Group, Inc. [NYSE: GEO] closed the trading session at $13.63.
The stocks have a year to date performance of 25.85 percent and weekly performance of -8.28 percent. The stock has been moved at 50.77 percent over the last six months. The stock has performed -14.44 percent around the most recent 30 days and changed 21.26 percent over the most recent 3-months.
If compared to the average trading volume of 2.73M shares, GEO reached to a volume of 5862226 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 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 $19.25 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 1.00. 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.
Northland Capital have made an estimate for Geo Group, Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 02, 2023. While these analysts kept the previous recommendation, Wedbush raised their target price from $10 to $14. The new note on the price target was released on November 29, 2022, representing the official price target for Geo Group, Inc. stock. Previously, the target price had yet another raise to $7, while Wedbush analysts kept a Neutral rating on GEO stock.
The Average True Range (ATR) for Geo Group, Inc. is set at 0.52, with the Price to Sales ratio for GEO stock in the period of the last 12 months amounting to 0.72. The Price to Book ratio for the last quarter was 1.33, with the Price to Cash per share for the same quarter was set at 0.74. Price to Free Cash Flow for GEO in the course of the last twelve months was 8.21.
GEO stock trade performance evaluation
Geo Group, Inc. [GEO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.28. With this latest performance, GEO shares dropped by -14.44% in over the last four-week period, additionally plugging by 50.77% over the last 6 months – not to mention a rise of 79.58% 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 36.56, with the RSI for the last a single of trading hit 26.76, and the three-weeks RSI is set at 43.40 for Geo Group, Inc. [GEO]. The present Moving Average for the last 50 days of trading for this stock 13.96, while it was recorded at 14.49 for the last single week of trading, and 10.45 for the last 200 days.
Earnings per share (EPS) analysis for 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 Geo Group, Inc. go to 15.00%.
Geo Group, Inc. [GEO]: Institutional Ownership
The top three institutional holders of GEO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in GEO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in GEO stock with ownership which is approximately 5.8386%.
