GEO Group Inc. (GEO, Financial) saw its stock price rise by 5.04%, reaching $13.35 per share, with a trading volume of 865,606 shares and a turnover rate of 0.62%, reflecting a price fluctuation of 5.74%.
The latest financial report reveals that GEO recorded a revenue of $607 million, a net loss of $32.51 million, and an earnings per share (EPS) of -$0.25. The price-to-earnings (P/E) ratio stands at 53.40. All four institutions that rated the stock recommended a "Buy," with no "Hold" or "Sell" suggestions.
The security services industry, where GEO operates, registered an overall growth of 1.04%. Notable stocks in this sector include Guardforce Ai Co. Ltd, Rongzhi Group, and Bridger Aerospace Group Holdings, Inc., which experienced significant gains. Knightscope, Inc., Supercom, Ltd., and Iveda Solutions, Inc. also showed high trading activity with notable turnover rates. Rongzhi Group, Knightscope, Inc., and Verifyme, Inc. witnessed substantial price fluctuations within the sector.
GEO Group is dedicated to managing detention facilities and community re-entry centers, operating across four divisions: U.S. Secure Services, Electronic Monitoring and Supervision Services, Reentry Services, and International Services. These divisions offer a range of services including secure facility management, electronic monitoring, supervision and treatment programs for parolees, probationers, pretrial defendants, and community-based services.
