Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Geo Group Inc before investing.

In this article, we go over a few key elements for understanding Geo Group Inc’s stock price such as:

• Geo Group Inc’s current stock price and volume
• Why Geo Group Inc’s stock price changed recently
• Upgrades and downgrades for GEO from analysts
• GEO’s stock price momentum as measured by its relative strength

About Geo Group Inc (GEO)

Before we jump into Geo Group Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

The GEO Group, Inc. is a diversified government service provider. The Company is specialized in designing, financing, development and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. The Company operates through four segments: U.S. Secure Services segment, Electronic Monitoring and Supervision Services segment, Reentry Services segment, and International Services segment. U.S. Secure Services segment primarily encompasses its United States-based public-private partnership secure services business. Electronic Monitoring and Supervision Services segment consists of its electronic monitoring and supervision services in in the United States. Reentry Services segment consists of various community-based and reentry services. International Services segment primarily consists of its public-private partnership secure services operations in Australia and South Africa.

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Geo Group Inc’s Stock Price as of Market Close

As of March 15, 2024, 4:00 PM, CST, Geo Group Inc’s stock price was $13.15.

Geo Group Inc is up 5.37% from its previous closing price of $12.48.

During the last market session, Geo Group Inc’s stock traded between $12.34 and $12.68. Currently, there are 122.08 million shares of Geo Group Inc stock available for purchase.

Geo Group Inc’s price-earnings (P/E) ratio is currently at 17.4, which is low compared to the Business Support Services industry median of 26.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Geo Group Inc Stock Price History

Geo Group Inc’s (GEO) price is currently up 7.17% so far this month.

During the month of March, Geo Group Inc’s stock price has reached a high of $13.21 and a low of $11.50.

Over the last year, Geo Group Inc has hit prices as high as $12.68 and as low as $6.94. Year to date, Geo Group Inc’s stock is up 20.09%.

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What Caused Geo Group Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 14, 2024, there were 2 analysts who downgraded Geo Group Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Geo Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Geo Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Geo Group Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Geo Group Inc (GEO) by visiting AAII Stock Evaluator.

Relative Price Strength of Geo Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 14, 2024, Geo Group Inc has a weighted four-quarter relative price strength of 7.21%, which translates to a Momentum Score of 85 and is considered to be Very Strong.

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Geo Group Inc Stock Price: Bottom Line

As of March 15, 2024, Geo Group Inc’s stock price is $13.15, which is up 5.37% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Geo Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.