The GEO Group, Inc. (GEO) Forms $21.87 Double Bottom; Ubiquiti Networks (UBNT) Has 0.59 Sentiment

April 17, 2018 - By John Hoffman

The GEO Group, Inc. (NYSE:GEO) Logo

Ubiquiti Networks Inc (UBNT) investors sentiment decreased to 0.59 in Q4 2017. It’s down -0.63, from 1.22 in 2017Q3. The ratio dropped, as 54 active investment managers increased or opened new equity positions, while 91 trimmed and sold stakes in Ubiquiti Networks Inc. The active investment managers in our database now hold: 22.83 million shares, down from 25.51 million shares in 2017Q3. Also, the number of active investment managers holding Ubiquiti Networks Inc in top ten equity positions was flat from 2 to 2 for the same number . Sold All: 31 Reduced: 60 Increased: 26 New Position: 28.

The GEO Group, Inc. (GEO) formed double bottom with $21.00 target or 4.00% below today’s $21.87 share price. The GEO Group, Inc. (GEO) has $2.67B valuation. The stock increased 0.92% or $0.2 during the last trading session, reaching $21.87. About 587,128 shares traded. The GEO Group, Inc. (NYSE:GEO) has declined 34.79% since April 17, 2017 and is downtrending. It has underperformed by 46.34% the S&P500.

Among 5 analysts covering The GEO Group (NYSE:GEO), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. The GEO Group has $52 highest and $28 lowest target. $34.67’s average target is 58.53% above currents $21.87 stock price. The GEO Group had 14 analyst reports since August 4, 2015 according to SRatingsIntel. On Tuesday, April 11 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm has “Buy” rating by SunTrust given on Thursday, September 1. Canaccord Genuity maintained it with “Buy” rating and $31 target in Thursday, August 10 report. The stock of The GEO Group, Inc. (NYSE:GEO) has “Buy” rating given on Monday, August 7 by Canaccord Genuity. The firm earned “Buy” rating on Thursday, September 1 by Suntrust Robinson. Canaccord Genuity maintained The GEO Group, Inc. (NYSE:GEO) on Monday, December 12 with “Buy” rating. SunTrust maintained The GEO Group, Inc. (NYSE:GEO) on Wednesday, October 18 with “Buy” rating. The firm has “Buy” rating by J.P. Morgan given on Friday, July 14. As per Wednesday, August 24, the company rating was maintained by Canaccord Genuity. As per Friday, February 24, the company rating was maintained by Canaccord Genuity.

Analysts await The GEO Group, Inc. (NYSE:GEO) to report earnings on May, 1. They expect $0.43 EPS, down 15.69% or $0.08 from last year’s $0.51 per share. GEO’s profit will be $52.40 million for 12.72 P/E if the $0.43 EPS becomes a reality. After $0.67 actual EPS reported by The GEO Group, Inc. for the previous quarter, Wall Street now forecasts -35.82% negative EPS growth.

Ubiquiti Networks, Inc. develops networking technology for service providers, enterprises, and clients worldwide. The company has market cap of $5.53 billion. The companyÂ’s service well-known provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products. It has a 39.18 P/E ratio. The Company’s products and solutions include radios, antennas, software, communications protocols, and management tools to deliver carrier and enterprise class wireless broadband access and other services in the unlicensed RF spectrum.

Edgepoint Investment Group Inc. holds 6.05% of its portfolio in Ubiquiti Networks, Inc. for 5.97 million shares. New Amsterdam Partners Llc Ny owns 201,008 shares or 2.85% of their US portfolio. Moreover, Lagoda Investment Management L.P. has 2.76% invested in the company for 101,873 shares. The Virginia-based Akre Capital Management Llc has invested 2.63% in the stock. Disciplined Growth Investors Inc Mn, a Minnesota-based fund reported 1.61 million shares.

Ratings analysis reveals 33% of Ubiquiti Networks’s analysts are positive. Out of 3 Wall Street analysts rating Ubiquiti Networks, 1 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. UBNT was included in 3 notes of analysts from October 21, 2016. Wunderlich maintained the shares of UBNT in report on Friday, November 4 with “Buy” rating. The stock has “Mkt Perform” rating by JMP Securities on Friday, October 21. The firm earned “Underperform” rating on Friday, February 10 by Credit Suisse.

Analysts await Ubiquiti Networks, Inc. (NASDAQ:UBNT) to report earnings on May, 3. They expect $0.82 EPS, up 6.49% or $0.05 from last year’s $0.77 per share. UBNT’s profit will be $63.70 million for 21.68 P/E if the $0.82 EPS becomes a reality. After $0.75 actual EPS reported by Ubiquiti Networks, Inc. for the previous quarter, Wall Street now forecasts 9.33% EPS growth.

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Institutional Positions Chart