GFL Environmental Inc (NYSE: GFL) is -2.07% 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 $43.36 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $43.62, the stock is 0.64% and -2.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing 0.60% at the moment leaves the stock 9.31% off its SMA200. GFL registered 29.86% gain for a year compared to 6-month gain of 13.86%. The firm has a 50-day simple moving average (SMA 50) of $44.674 and a 200-day simple moving average (SMA200) of $39.8552.
The stock witnessed a -2.18% loss in the last 1 month and extending the period to 3 months gives it a 8.81%, and is 3.73% up 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 1.97% over the week and 2.47% over the month.
GFL Environmental Inc (GFL) has around 20000 employees, a market worth around $17.16B and $5.70B in sales. Fwd P/E is 44.32. Profit margin for the company is -7.86%. Distance from 52-week low is 42.71% and -10.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.85%).
with sales reaching $1.98B over the same period.The EPS is expected to shrink by -19.55% this year, but quarterly earnings will post 4.48% year-over-year. Quarterly sales are estimated to grow 5.11% in year-over-year returns.
473.0 institutions hold shares in GFL Environmental Inc (GFL), with institutional investors hold 83.94% of the company’s shares. The shares outstanding are 381.57M, and float is at 258.55M with Short Float at 2.74%. Institutions hold 81.45% 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.
