Wall Street is positive on The GEO Group Inc (GEO). On average, analysts give The GEO Group Inc a Strong Buy rating. The average price target is $16.5, which means analysts expect the stock to gain by 134.38% over the next twelve months.
That average ranking earns The GEO Group Inc an Analyst Rating of 79, which is better than 79% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With The GEO Group Inc Stock Today?
The GEO Group Inc (GEO) stock has fallen -12.44% while the S&P 500 is up 0.1% as of 2:05 PM on Tuesday, Jan 26. GEO is down -$1.00 from the previous closing price of $8.04 on volume of 14,235,790 shares. Over the past year the S&P 500 has risen 18.98% while GEO is down -56.05%. GEO earned $1.16 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.05.
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