Geo Group, Inc (NYSE: GEO) is 22.77% higher on its value in year-to-date trading and has touched a low of $10.97 and a high of $36.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GEO stock was last observed hovering at around $34.87 in the last trading session, with the day’s loss setting it -0.52%.
Currently trading at $34.35, the stock is 13.13% and 20.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.18 million and changing -1.49% at the moment leaves the stock 93.12% off its SMA200. GEO registered 214.27% gain for a year compared to 6-month gain of 112.04%. The firm has a 50-day simple moving average (SMA 50) of $28.584 and a 200-day simple moving average (SMA200) of $17.7871.
The stock witnessed a 30.26% loss in the last 1 month and extending the period to 3 months gives it a 125.99%, and is 8.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.41% over the week and 5.13% over the month.
Geo Group, Inc (GEO) has around 16400 employees, a market worth around $4.80B and $2.42B in sales. Current P/E ratio is 135.99 and Fwd P/E is 21.72. Profit margin for the company is 1.66%. Distance from 52-week low is 213.13% and -5.79% from its 52-week high. The company has generated returns on investments over the last 12 months (1.31%).
with sales reaching $607.45M over the same period.The EPS is expected to shrink by -10.82% this year, but quarterly earnings will post 0.42% year-over-year. Quarterly sales are estimated to shrink -0.14% in year-over-year returns.
321.0 institutions hold shares in Geo Group, Inc (GEO), with institutional investors hold 83.67% of the company’s shares. The shares outstanding are 139.72M, and float is at 132.50M with Short Float at 7.53%. Institutions hold 79.66% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.66 million shares valued at $282.25 million. The investor’s holdings represent 16.0454 of the GEO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 14.55 million shares valued at $209.0 million to account for 11.8811 of the shares outstanding. The other top investors are FMR LLC which holds 9.37 million shares representing 7.6504 and valued at over $134.57 million, while GOLDMAN SACHS GROUP INC holds 4.4285 of the shares totaling 5.42 million with a market value of $77.9 million.
Geo Group, Inc (GEO) Insider Activity
The most recent transaction is an insider sale by Brack Ronald A., the company’s EVP, CAO and Controller. SEC filings show that Brack Ronald A. sold 5,000 shares of the company’s common stock on Dec 09 ’24 at a price of $28.28 per share for a total of $0.14 million. Following the sale, the insider now owns 71978.0 shares.
Still, SEC filings show that on Aug 12 ’24, ZOLEY GEORGE C (Executive Chairman) acquired 100,000 shares at an average price of $12.33 for $1.23 million. The insider now directly holds 3,900,904 shares of Geo Group, Inc (GEO).
