The GEO Group Inc (NYSE: GEO) has reported a loss for its second fiscal quarter (ending June 30) of $-0.25 versus $0.20 for the same period a year ago — a decline of -225%. Relative to the consensus estimate of $0.26, this was a shortfall of $-0.51. For the latest four quarters through June 30, E.P.S. were $0.26 compared to $0.94 a year ago — a decline of -72%.
Recent Price Action
The GEO Group Inc (NYSE: GEO) stock closed at $12.12 on 8/7/24 after a large decline of -5.5%. Moreover, exceptionally high trading volume at 217% of normal accompanied the decline. The stock has declined -16.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, GEO is expected to continue to be an important Value Builder.
GEO Group has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. GEO Group has a neutral Appreciation Score of 53 but a very high Power Rating of 90, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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