Beyond The Numbers: 6 Analysts Discuss GEO Group Stock
Portfolio Pulse from Benzinga Insights
Six analysts have recently rated GEO Group (NYSE:GEO), all somewhat bullish, with a 12-month price target average of $16.83, a slight decline from the previous target. Analyst Jay McCanless from Wedbush has made multiple adjustments to his price targets and ratings, maintaining an 'Outperform' stance. GEO Group, specializing in detention facilities and community reentry centers, faces financial challenges with a -2.0% revenue growth, a net margin of 3.44%, and a high debt-to-equity ratio of 1.46.
May 08, 2024 | 8:01 pm
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Six analysts rate GEO Group as somewhat bullish with a revised 12-month price target of $16.83. Financial challenges include negative revenue growth and high debt.
The somewhat bullish sentiment from analysts, despite the financial challenges faced by GEO Group, suggests a cautious optimism about the company's future performance. However, the negative revenue trend, high debt-to-equity ratio, and below-average profitability metrics could dampen investor enthusiasm in the short term. The adjustments in price targets by analysts, particularly Jay McCanless from Wedbush, indicate a nuanced view of the company's valuation, balancing growth prospects against financial headwinds.
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IMPORTANCE 75
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