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Geo Group (GEO) Stock Sinks As Market Gains: What You Should Know
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Geo Group (GEO - Free Report) closed the most recent trading day at $11.04, moving -0.36% from the previous trading session. This change lagged the S&P 500's 1.75% gain on the day. Elsewhere, the Dow gained 1.05%, while the tech-heavy Nasdaq added 7.84%.
Heading into today, shares of the private prison operator had lost 6.26% over the past month, lagging the Finance sector's loss of 3.23% and the S&P 500's loss of 4.4% in that time.
Investors will be hoping for strength from Geo Group as it approaches its next earnings release. In that report, analysts expect Geo Group to post earnings of $0.55 per share. This would mark a year-over-year decline of 15.38%. Our most recent consensus estimate is calling for quarterly revenue of $605.1 million, up 8.53% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.49 per share and revenue of $2.36 billion. These totals would mark changes of +0.4% and +4.63%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Geo Group. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Geo Group is currently a Zacks Rank #2 (Buy).
Investors should also note Geo Group's current valuation metrics, including its Forward P/E ratio of 4.45. For comparison, its industry has an average Forward P/E of 11.47, which means Geo Group is trading at a discount to the group.
Investors should also note that GEO has a PEG ratio of 0.44 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 1.93 based on yesterday's closing prices.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 167, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Geo Group (GEO) Stock Sinks As Market Gains: What You Should Know
Geo Group (GEO - Free Report) closed the most recent trading day at $11.04, moving -0.36% from the previous trading session. This change lagged the S&P 500's 1.75% gain on the day. Elsewhere, the Dow gained 1.05%, while the tech-heavy Nasdaq added 7.84%.
Heading into today, shares of the private prison operator had lost 6.26% over the past month, lagging the Finance sector's loss of 3.23% and the S&P 500's loss of 4.4% in that time.
Investors will be hoping for strength from Geo Group as it approaches its next earnings release. In that report, analysts expect Geo Group to post earnings of $0.55 per share. This would mark a year-over-year decline of 15.38%. Our most recent consensus estimate is calling for quarterly revenue of $605.1 million, up 8.53% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.49 per share and revenue of $2.36 billion. These totals would mark changes of +0.4% and +4.63%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Geo Group. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Geo Group is currently a Zacks Rank #2 (Buy).
Investors should also note Geo Group's current valuation metrics, including its Forward P/E ratio of 4.45. For comparison, its industry has an average Forward P/E of 11.47, which means Geo Group is trading at a discount to the group.
Investors should also note that GEO has a PEG ratio of 0.44 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 1.93 based on yesterday's closing prices.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 167, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.