Added to YB: 2024-06-24
Pitch date: 2024-06-20
GEO [bullish]
The GEO Group, Inc.
+167.93%
current return
Author Info
No bio for this author
Company Info
The GEO Group, Inc. (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa.
Market Cap
$4.6B
Pitch Price
$12.69
Price Target
30.00 (-12%)
Dividend
N/A
Sector
Commercial Services and Supplies
Category
growth
GEO’s Strategic Positioning for Contract Wins and Revenue Growth
GEO: Significant potential for new contract wins, $75M incremental revenue possible. CXW loss frees up ICE budget for GEO. Adelanto outlook improving. $500M EBITDA run rate, $240M FCF to reduce debt. ATD/ISAP contract likely extended to 2026. 184k enrolled, stable to rising. $20-30 fair value range. Asymmetric long.
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