What The GEO Group Inc. (GEO) Insiders Are Up To

The GEO Group Inc. (NYSE:GEO) finished Wednesday with an addition of $0.18 to close at $8.30, an upside of 2.22 percent. An average of 2,498,220 shares of common stock have been traded in the last five days. There was a gain of $0.55 in the past week. The last 20 days have seen an average of 2,263,555 shares traded, while the 50-day average volume stands at 2,218,676.

GEO stock has increased by 16.90% in the last month. The company shares reached their 1-month lowest point of $6.84 on 09/20/21. With the stock rallying to its 52-week high on 06/09/21, shares of the company touched a low of $4.96 and a high of $11.48 in 52 weeks. In spite of this, the price is down -27.70% from the 52-week high.


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Insider Transactions

58 days have passed since The GEO Group Inc. (GEO) last reported insider trading activity. Black James H., who is SVP & Pres, Secure Services, most recently acquired $2,909 shares at $8.49 per share on Aug 17.

Valuation Metrics

The GEO Group Inc. (GEO) has a trailing price-to-earnings (P/E) ratio of 6.95, which compares with the 21.25 for the broader industry and 38.25 for the sector. In the last five years, The GEO Group Inc.’s PE ratio has ranged between 24.55 and 4.482. The stock’s beta is 0.74. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.41, the price-to-book (PB) ratio at 1.01, and the price-to-cash flow ratio at 5.82.

The GEO Group Inc. pays a $0.59 dividend per share annually. It offers a dividend yield of 7.11%. The company has a payout ratio of 89.40%. The company’s most recent quarterly dividend payment took place on Feb. 1, and it was $0.25 a share, representing a down of -36.0 from $0.34 last year. Its latest decrease dividend $0.09 reported on Friday January 15 2021. Dividends have grown by -5.15% each year over the last three years.

The quick ratio of The GEO Group Inc. for the three months ended June 29 was 2.30, and the current ratio was 2.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 2.99 and a total debt to equity ratio of 3.02 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 25.80% against a 5-year average of 24.6%. Its gross profit as reported stood at $571.77 million compared to revenue of $2.35 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, The GEO Group Inc.’s return on assets was 3.20%, compared to 3.5% over the last five years. In the past year, the return on investment has been 5.40%, and the 5-year average is 6.6%. Meanwhile, the return on equity (ROE) for the past 12 months has been 15.20% and the 5-year average holds at 13.9%. For the broader industry, ROE averaged 7.37 over the past year.

Earnings Surprise

In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $565.42 million in the quarter, while revenues of $576.38 million were shrunk -3.96%. The analyst consensus anticipated The GEO Group Inc.’s latest quarter earnings to come in at $0.28 per share, but it turned out to be $0.42, a 50.00% surprise. For the quarter, EBITDA amounted to $107.62 million. Shareholders own equity worth $122.55 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at The GEO Group Inc. (GEO) price momentum. RSI 9-day as of the close on 13 October was 68.72%, suggesting the stock is Neutral, with historical volatility in this time frame at 51.91%.

As of today, GEO’s price is $8.25 +7.10% or $0.55 from its 5-day moving average. GEO is currently trading +17.07% higher than its 20-day SMA and +49.01% higher than its 100-day SMA. However, the stock’s current price level is +20.82% above the SMA50 and -8.19% below the SMA200.

The stochastic %K and %D were 69.20% and 78.49%, respectively, and the average true range (ATR) was 0.32. With the 14-day stochastic at 68.29% and the average true range at 0.29, the RSI (14) stands at 66.23%. The stock has reached 0.38 on the 9-day MACD Oscillator while the 14-day reading was at 0.60.

Analyst Ratings

Wedbush launched coverage on The GEO Group Inc. (NYSE: GEO) in its analyst report released on June 08, 2021. The firm assigned the stock a a Neutral rating.The consensus rating for The GEO Group Inc. (GEO) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GEO, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is GEO’s price target for the next 12 months?

Analysts predict a range of price targets between $8.25 and $15.00, with a median target of $15.00. Taking a look at these predictions, the average price target given by analysts for The GEO Group Inc. (GEO) stock is $12.75.

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