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Geo Group (GEO) closed at $8.39 in the latest trading session, marking a -1.53% move from the prior day. This move lagged the S&P 500’s daily loss of 1.45%. At the same time, the Dow lost 1.07%, and the tech-heavy Nasdaq lost 3.06%.
Coming into today, shares of the private prison operator had lost 29.24% in the past month. In that same time, the Finance sector lost 5.74%, while the S&P 500 lost 3.83%.
Wall Street will be looking for positivity from Geo Group as it approaches its next earnings report date. The company is expected to report EPS of $0.49, down 23.44% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $605.6 million, up 9.87% from the year-ago period.
GEO’s full-year Zacks Consensus Estimates are calling for earnings of $2.10 per share and revenue of $2.46 billion. These results would represent year-over-year changes of -16.67% and +3.64%, respectively.
Any recent changes to analyst estimates for Geo Group should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.64% lower. Geo Group is currently a Zacks Rank #5 (Strong Sell).
Valuation is also important, so investors should note that Geo Group has a Forward P/E ratio of 4.06 right now. This represents a discount compared to its industry’s average Forward P/E of 11.52.
Investors should also note that GEO has a PEG ratio of 0.41 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company’s expected earnings growth rate. The REIT and Equity Trust – Other was holding an average PEG ratio of 2.2 at yesterday’s closing price.
The REIT and Equity Trust – Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 167, which puts it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Geo Group Inc (The) (GEO) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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