For its third fiscal quarter (ending September 30), The GEO Group Inc (NYSE: GEO) has reported a 12% increase in E.P.S. from $0.17 a year ago to $0.19 in the current quarter. For the latest four quarters through September 30, E.P.S. were $0.29 versus $0.85 for the same period a year ago — a decline of -66%.
Recent Price Action
The GEO Group Inc (NYSE: GEO) stock closed at $24.43 on 11/7/24 after a major increase of 13.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 524% of normal. The stock has performed in line with the market over the last nine months and has risen 53.6% 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 C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. GEO Group has a neutral Appreciation Score of 51 and a slightly positive Power Rating of 66, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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