It’s still a bull thesis, just subverted: Geo Group, Inc. (GEO)

At the time of writing, Geo Group, Inc. [GEO] stock is trading at $15.37, down -1.98%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GEO shares have gain 1.52% over the last week, with a monthly amount glided 24.96%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Geo Group, Inc. [NYSE: GEO] stock has seen the most recent analyst activity on October 02, 2023, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $14. Previously, Wedbush upgraded its rating to Outperform on November 29, 2022, and elevated its price target to $14. On June 08, 2021, Wedbush initiated with a Neutral rating and assigned a price target of $7 on the stock. Noble Capital Markets started tracking the stock assigning a Outperform rating and suggested a price target of $15 on June 29, 2020. JP Morgan downgraded its rating to a Neutral but $26 remained the price target by the analyst firm on February 15, 2019. JP Morgan started tracking with a Overweight rating for this stock on July 14, 2017, and assigned it a price target of $35. In a note dated March 08, 2017, Canaccord Genuity reiterated an Buy rating on this stock and revised its target price from $52 to $50.

For the past year, the stock price of Geo Group, Inc. fluctuated between $6.94 and $16.31. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Geo Group, Inc. [NYSE: GEO] shares were valued at $15.37 at the most recent close of the market. An investor can expect a potential drop of -8.91% based on the average GEO price forecast.

Analyzing the GEO fundamentals

According to Geo Group, Inc. [NYSE:GEO], the company’s sales were 2.41B for trailing twelve months, which represents an -2.00% plunge. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.4.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.21 points at the first support level, and at 15.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.66, and for the 2nd resistance point, it is at 15.94.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 1.50 and price to earnings (TTM) ratio is 21.43.

Transactions by insiders

Recent insider trading involved March Shayn P., EVP, Acting CFO & Treasurer, that happened on Apr 05 ’24 when 2500.0 shares were sold. Executive Chairman, ZOLEY GEORGE C completed a deal on Mar 14 ’24 to buy 50000.0 shares. Meanwhile, SVP & Pres, Secure Services Black James H. sold 5672.0 shares on Mar 06 ’24.

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