Citron Research Post On X, "$GEO has updated the NAV of their assets to over $45 a share. In a move that has gone mostly unnoticed by Wall St in their latest investor presentation. As stated by management, " Based on increased construction and development costs, we believe that our company-owned facilities have a combined replacement value in excess of $6 billion."
Portfolio Pulse from Benzinga Newsdesk
Citron Research highlights that GEO Group has updated the net asset value (NAV) of their assets to over $45 per share, a move largely unnoticed by Wall Street. GEO's management states that their company-owned facilities have a replacement value exceeding $6 billion due to increased construction and development costs.
October 17, 2024 | 6:18 pm
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GEO Group has updated the NAV of their assets to over $45 per share, with a replacement value exceeding $6 billion. This update has gone largely unnoticed by Wall Street.
The update in NAV to over $45 per share suggests a potential undervaluation of GEO's stock, which could lead to positive investor sentiment and a short-term price increase. The significant replacement value of $6 billion indicates strong asset backing, further supporting potential upward movement in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100