Geo Group Inc (The) stock performance trend indicates that the stock price has rallied 28.75% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 88.52% . Looking at the past 52 week period, the stock price is up at 34.87% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Geo Group Inc (The) has a positive value of 29.63 compared to overall market.The GEO Group, Inc. is having a Relative Strength Index of 52.61 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Geo Group Inc (The) (NYSE:GEO) rallied by 2.77% during the past week but lost 0.69% on a 4-week basis. The company has outperformed the S&P 500 by 2.53% in the past week but underperformed the index by 1.82% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. Geo Group Inc (The) (NYSE:GEO) : On Friday heightened volatility was witnessed in Geo Group Inc (The) (NYSE:GEO) which led to swings in the share price. The stock opened for trading at $44.5 and hit $44.97 on the upside , eventually ending the session at $44.83, with a gain of 0.52% or 0.23 points. The heightened volatility saw the trading volume jump to 1,760,696 shares. The 52-week high of the share price is $49.42 and the company has a market cap of $3,684 million. The 52-week low of the share price is at $16.26 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.The GEO Group Inc was Reiterated by Canaccord Genuity on Mar 8, 2017 to Buy, Lowers Price Target to $ 50 from a previous price target of $52 .Company shares were Reiterated by Canaccord Genuity on Feb 24, 2017 to Buy, Raises Price Target to $ 52 from a previous price target of $43 .
Company has reported several Insider transactions to the SEC, on Mar 6, 2017, J David Donahue (SVP-Corrections & Detention) sold 3,013 shares at 46.51 per share price.On Dec 13, 2016, Ronald A. Brack (VP, CAO and Controller) sold 17,340 shares at 34.96 per share price.On Dec 9, 2016, Christopher C. Wheeler (director) sold 1,000 shares at 34.00 per share price.
The GEO Group Inc Last issued its quarterly earnings results on Feb 22, 2017. The company reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.76. The company had revenue of $566.60 million for the quarter, compared to analysts expectations of $556.55 million. The companys revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 EPS.
The GEO Group, Inc. is an equity real estate investment trust. It specializes in the design, development, financing and operation of correctional, detention and community reentry facilities. It has operations in the United States, Australia, South Africa, and the United Kingdom. The GEO Group, Inc. is headquartered in Boca Raton, Florida.