GFL Environmental Inc (NYSE: GFL) is -3.50% lower on its value in year-to-date trading and has touched a low of $30.57 and a high of $48.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GFL stock was last observed hovering at around $43.69 in the last trading session, with the day’s loss setting it -0.71%.
Currently trading at $42.98, the stock is -3.41% and -4.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing -1.63% at the moment leaves the stock 8.83% off its SMA200. GFL registered 31.72% gain for a year compared to 6-month gain of 9.28%. The firm has a 50-day simple moving average (SMA 50) of $44.8578 and a 200-day simple moving average (SMA200) of $39.45075.
The stock witnessed a -5.23% loss in the last 1 month and extending the period to 3 months gives it a 5.65%, and is -1.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.21% over the week and 2.68% over the month.
GFL Environmental Inc (GFL) has around 20000 employees, a market worth around $16.91B and $5.70B in sales. Fwd P/E is 45.12. Profit margin for the company is -7.86%. Distance from 52-week low is 40.62% and -12.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.85%).
The EPS is expected to shrink by -19.54% this year
465.0 institutions hold shares in GFL Environmental Inc (GFL), with institutional investors hold 83.71% of the company’s shares. The shares outstanding are 381.57M, and float is at 258.55M with Short Float at 2.80%. Institutions hold 81.23% of the Float.
The top institutional shareholder in the company is BC PARTNERS ADVISORS L.P. with over 43.56 million shares valued at $1.34 billion. The investor’s holdings represent 11.6775 of the GFL Shares outstanding. As of 2024-06-30, the second largest holder is ONTARIO TEACHERS PENSION PLAN BOARD with 35.36 million shares valued at $1.38 billion to account for 9.4795 of the shares outstanding. The other top investors are FMR LLC which holds 23.43 million shares representing 6.2817 and valued at over $912.5 million, while CAPITAL RESEARCH GLOBAL INVESTORS holds 6.0144 of the shares totaling 22.43 million with a market value of $873.32 million.
