The GEO Group Inc (NYSE: GEO) has reported E.P.S. of $0.15 for its first fiscal quarter (ending March 31) versus $0.19 for the same period a year ago — a decline of -21%. E.P.S. were $0.69 for the latest four quarters through March 31 versus $1.11 for the same period a year ago — a decline of -38%.
Recent Price Action
The GEO Group Inc (NYSE: GEO) stock suffered a large decline of -5.5% on 5/7/24. The stock closed at $13.63. Moreover, exceptionally high trading volume at 223% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -9.3% during the last week.
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 B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. GEO Group has a neutral Appreciation Score of 46 but a very high Power Rating of 95, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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