Geo Group, Inc [GEO] is 7.33% higher this YTD. Is it still time to buy?

Geo Group, Inc [NYSE: GEO] plunged by -$0.98 during the normal trading session on while it closed the day at $30.03.

Geo Group, Inc stock has also loss -13.88% of its value over the past 7 days. However, GEO stock has inclined by 96.92% in the 3 months of the year. Over the past six months meanwhile, it has gained 91.52% and gained 7.33% year-on date.

The market cap for GEO stock reached $4.20 billion, with 139.72 million shares outstanding and 132.50 million shares in the current float. Compared to the average trading volume of 3.79M shares, GEO reached a trading volume of 6383646 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 $37.00 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 1.50. 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.

Noble Capital Markets have made an estimate for Geo Group, Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on November 11, 2024. While these analysts kept the previous recommendation, Northland Capital raised their target price to Outperform. The new note on the price target was released on October 02, 2023, representing the official price target for Geo Group, Inc stock. Previously, the target price had yet another raise from $10 to $14, while Wedbush kept a Outperform rating on GEO stock.

The Average True Range (ATR) for Geo Group, Inc is set at 1.78, with the Price to Sales ratio for GEO stock in the period of the last 12 months amounting to 1.73. The Price to Book ratio for the last quarter was 3.19, with the Price to Cash per share for the same quarter was set at 0.51. Price to Free Cash Flow for GEO in the course of the last twelve months was 21.14.

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 -13.88. With this latest performance, GEO shares gained by 6.79% in over the last four-week period, additionally plugging by 91.52% over the last 6 months – not to mention a rise of 166.22% 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 47.01, with the RSI for the last a single of trading hit 38.60, and the three-weeks RSI is set at 52.12 for Geo Group, Inc [GEO]. The present Moving Average for the last 50 days of trading for this stock 29.11, while it was recorded at 32.39 for the last single week of trading, and 18.11 for the last 200 days.

Geo Group, Inc [GEO]: Institutional Ownership

There are presently around $79.20%, or 83.18%% of GEO stock, in the hands of institutional investors. The top three institutional holders of GEO stocks are: BLACKROCK INC. with ownership of 19.66 million shares, which is approximately 16.0454%. VANGUARD GROUP INC, holding 14.55 million shares of the stock with an approximate value of $$209.0 million in GEO stocks shares; and VANGUARD GROUP INC, currently with $$134.57 million in GEO stock with ownership which is approximately 7.6504%.