Geo Group, Inc. (GEO)’s stock performance: a year in review

While Geo Group, Inc. has overperformed by 1.63%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GEO rose by 76.77%, with highs and lows ranging from $18.05 to $8.19, whereas the simple moving average jumped by 12.23% in the last 200 days.

On October 02, 2023, Northland Capital started tracking Geo Group, Inc. (NYSE: GEO) recommending Outperform. A report published by Wedbush on November 29, 2022, Upgraded its rating to ‘Outperform’ for GEO. Wedbush also rated GEO shares as ‘Neutral’, setting a target price of $7 on the company’s shares in an initiating report dated June 08, 2021. Noble Capital Markets Initiated an Outperform rating on June 29, 2020, and assigned a price target of $15. JP Morgan February 15, 2019d its ‘Overweight’ rating to ‘Neutral’ for GEO, as published in its report on February 15, 2019. JP Morgan’s report from July 14, 2017 suggests a price prediction of $35 for GEO shares, giving the stock a ‘Overweight’ rating. Canaccord Genuity also rated the stock as ‘Buy’.

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Analysis of Geo Group, Inc. (GEO)

Further, the quarter-over-quarter increase in sales is 2.24%, showing a positive trend in the upcoming months.

To gain a thorough understanding of Geo Group, Inc.’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 2.73% is sufficient for you to turn a profit off your investment.

It is also very valuable to look at average volume as an indicator of volatility for a stock, and GEO is recording an average volume of 2.20M. On a monthly basis, the volatility of the stock is set at 3.48%, whereas on a weekly basis, it is put at 3.74%, with a gain of 9.02% over the past seven days. Furthermore, long-term investors anticipate a median target price of $17.95, showing growth from the present price of $14.99, which can serve as yet another indication of whether GEO is worth investing in or should be passed over.

How Do You Analyze Geo Group, Inc. Shares?

A leading company in the Security & Protection Services sector, Geo Group, Inc. (GEO) is based in the USA. When comparing Geo Group, Inc. shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 66.04, there is a growth in quarterly earnings of -225.05%.

The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 5.15%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 79.11% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

GEO shares are owned by institutional investors to the tune of 79.11% at present.

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