Invest in Geo Group, Inc. (GEO) Stock with the prospect of future returns

Northland Capital raised the price target for the Geo Group, Inc. (NYSE:GEO) stock to “an Outperform”. The rating was released on October 02, 2023, according to finviz. We previously noted in another research note published on November 29, 2022 by Wedbush that upgraded the stock from a Neutral to an Outperform with a price target of $14 for GEO stock. The research report from Wedbush has initiated the stock to Neutral, with a price target set at $7. The stock was initiated by Noble Capital Markets, who disclosed in a research note on June 29, 2020, to Outperform and set the price objective to $15. In their research brief published February 15, 2019, JP Morgan analysts downgraded the Geo Group, Inc. stock from Overweight to Neutral with a price target of $26.

Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.29 during the last quarter as opposed to a consensus estimate of $0.18, which indicates the company beat its estimate by $0.11, which implies that the company surprised the market by 61.10%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2024) is $0.19. This is an average of 4 analysts’ earnings, where the high earnings per share estimate is $0.2 and the low earnings per share estimate is $0.18. According to 4 analyst estimates, an average revenue estimate of $603.85M is projected for the current quarter with a high revenue estimate of $604.6M and a low estimate of $603.25M.

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The latest trade, Performances and Moving Averages give us the following Picture

The firm’s stock price fluctuated -4.53% within the last five trades and 15.05% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 70.05% in the last 6 months and 28.44% was added to its value over the previous 3 months. GEO stock is trading at a margin of 6.16%, 13.68% and 47.15% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, GEO deals in the Industrials domain. The stock is trading -6.96 percent below its 52-week high and 100.43 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 90.78. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Geo Group, Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 14.97 percent and the profit margin is 3.97 percent, and the company has reported a gross margin of 22.88 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $1.75 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Geo Group, Inc. (NYSE:GEO) is 19.40. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 10.90. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.73 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.36, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 5.45 percent of Geo Group, Inc. shares are owned by insiders, and 76.47 percent are held by financial institutions. ZOLEY GEORGE C, the Executive Chairman at Geo Group, Inc. (GEO) has bought 50,000 shares of firm on Mar 14 ’24 at a price of $12.48 against the total amount of $0.62 million. In another inside trade, Black James H., SVP & Pres, Secure Services of Geo Group, Inc. (NYSE:GEO) sold 5,672 shares of the firm on Mar 06 ’24 for a total worth of $67792.0 at a price of $11.95. An inside trade which took place on Feb 28 ’24, EVP, Acting CFO & Treasurer of Geo Group, Inc. March Shayn P. sold 2,000 shares of firm against total price of $25000.0 at the cost of $12.50 per share.

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