GEO Stock Recent News

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The market is under pressure. The “soft landing” and “no landing” narratives are being tested.

Geo Group (GEO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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?

The mean of analysts' price targets for Geo Group (GEO) points to a 26.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Geo Group (GEO) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

PCAR, and GEO made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 17, 2023.

GEO Group saw solid results outside its electronic monitoring segment, which continues to be a drag. That said, biggest potential catalyst for GEO is its electronic monitoring segment, but budgetary issues and weak ISAP participation have hindered its growth. The stock is very cheap both versus its nearest competitor and historically.

The GEO Group, Inc. (GEO) Q4 2023 Earnings Call Transcript

Geo Group (GEO) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.28 per share a year ago.