The GEO (GEO)

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Bull of the Day: The Geo Group (GEO)
Zacks Investment Research· 2024-04-18 12:01
The market is under pressure. The “soft landing” and “no landing” narratives are being tested. Important technical support levels like the 50-day moving average are failing left-and-right. It’s beginning to feel a lot like the bull run we’ve enjoyed since October is nearing an end.You can do one of two things in a market like this. You can cower under your desk and ignore your statements, or you can get together a neat little shopping list and keep investing. The latter is really how the money is made in ma ...
Earnings Estimates Rising for Geo Group (GEO): Will It Gain?
Zacks Investment Research· 2024-04-17 17:20
Geo Group (GEO) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this private prison operator reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation betwee ...
GEO or RTO: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-04-17 16:41
Investors interested in stocks from the Business - Services sector have probably already heard of Geo Group (GEO) and Rentokil Initial PLC (RTO) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with stro ...
Does Geo Group (GEO) Have the Potential to Rally 26.81% as Wall Street Analysts Expect?
Zacks Investment Research· 2024-04-17 14:55
Geo Group (GEO) closed the last trading session at $15.18, gaining 16% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $19.25 indicates a 26.8% upside potential.The average comprises four short-term price targets ranging from a low of $14 to a high of $24, with a standard deviation of $4.57. While the lowest estimate indicates a decline of 7.8% from the current price level, the mos ...
Recent Price Trend in Geo Group (GEO) is Your Friend, Here's Why
Zacks Investment Research· 2024-04-17 13:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...
Best Value Stocks to Buy for April 17th
Zacks Investment Research· 2024-04-17 07:56
Here are two stocks with buy rank and strong value characteristics for investors to consider today, April 17:PACCAR Inc (PCAR) : This truck manufacturer company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.PACCAR has a price-to-earnings ratio (P/E) of 14.46 compared with 20.25 for the S&P. The company possesses a Value Score of A.The GEO Group, Inc. (GEO) : This company which provides secure facility management se ...
The GEO Group Announces Five-Year Contract to Provide Air Operations Support Services for U.S. Immigration and Customs Enforcement
Businesswire· 2024-03-12 10:00
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) announced today that its wholly-owned subsidiary, GEO Transport, Inc. (“GTI”) has been awarded a five-year contract, inclusive of option periods, to provide air operations support services on behalf of U.S. Immigration and Customs Enforcement (“ICE”), as a subcontractor to CSI Aviation, Inc. (“CSI Aviation”) which has been selected by ICE as the prime contractor. CSI Aviation is a veteran-owned aviation services company, founded in 1979, w ...
GEO Group's Biggest Headwind Is Also Its Biggest Potential Catalyst
Seeking Alpha· 2024-03-03 05:30
Joey Ingelhart/E+ via Getty Images I started coverage of GEO Group (NYSE:GEO) last March with a “Buy” rating based on its cheap valuation and the expected positive impact from the expiration of Title 42, taking it “Strong Buy” later in May. Mostly recently in November I wrote that while its Q3 results were lackluster, it still had a lot of upside potential and that a compromise border bill would help the company if it materialized. The stock is up over 40% since my initial write-up. Let's catch up on th ...
The GEO (GEO) - 2023 Q4 - Annual Report
2024-02-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-14260 The GEO Group, Inc. (Exact name of registrant as specified in its charter) | Florida | 65-0043078 | | --- | --- | | State or oth ...
The GEO (GEO) - 2023 Q4 - Annual Results
2024-02-21 16:00
Exhibit 99.1 NEWS RELEASE 4955 Technology Way ∎ Boca Raton, Florida 33431 ∎ www.geogroup.com THE GEO GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Boca Raton, Fla. – February 15, 2024 — The GEO Group, Inc. (NYSE: GEO) ("GEO"), a leading provider of support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the fourth quarter and ful ...