Geo Group, Inc (NYSE: GEO) is -18.08% lower on its value in year-to-date trading and has touched a low of $11.75 and a high of $36.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GEO stock was last observed hovering at around $24.01 in the last trading session, with the day’s loss setting it -1.09%.
Currently trading at $22.92, the stock is -13.08% and -20.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.85 million and changing -4.54% at the moment leaves the stock 15.06% off its SMA200. GEO registered 91.96% gain for a year compared to 6-month gain of 73.24%.
The stock witnessed a -16.72% loss in the last 1 month and extending the period to 3 months gives it a -21.51%, and is -12.62% down 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 7.10% over the week and 6.90% over the month.
Geo Group, Inc (GEO) has around 16500 employees, a market worth around $3.22B and $2.42B in sales. Current P/E ratio is 120.19 and Fwd P/E is 9.65. Profit margin for the company is 1.13%. Distance from 52-week low is 95.06% and -37.14% from its 52-week high. The company has generated returns on investments over the last 12 months (0.88%).
with sales reaching $611.81M over the same period.The EPS is expected to grow by 57.60% this year, but quarterly earnings will post 9.86% year-over-year. Quarterly sales are estimated to grow 1.01% in year-over-year returns.
Geo Group, Inc (GEO) Top Institutional Holders
The shares outstanding are 140.18M, and float is at 132.24M with Short Float at 6.78%.
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
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Still, SEC filings show that on Dec 09 ’24, Brack Ronald A. (EVP, CAO and Controller) disposed off 5,000 shares at an average price of $28.28 for $0.14 million. The insider now directly holds 71,978 shares of Geo Group, Inc (GEO).
