GFL Environmental Inc (NYSE: GFL) is -0.40% 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 $43.98 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $44.36, the stock is -2.02% and -0.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.06 million and changing 0.86% at the moment leaves the stock 8.09% off its SMA200. GFL registered 24.57% gain for a year compared to 6-month loss of 2.00%.
The stock witnessed a 2.90% gain in the last 1 month and extending the period to 3 months gives it a -3.08%, and is -4.93% 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 3.66% over the week and 2.42% over the month.
GFL Environmental Inc (GFL) has around 20000 employees, a market worth around $17.45B and $5.74B in sales. Fwd P/E is 37.46. Profit margin for the company is -9.18%. Distance from 52-week low is 45.13% and -9.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.65%).
with sales reaching $1.92B over the same period.The EPS is expected to grow by 63.35% this year, but quarterly earnings will post 7.36% year-over-year. Quarterly sales are estimated to grow 6.77% in year-over-year returns.
The shares outstanding are 381.57M, and float is at 258.50M with Short Float at 2.85%.
The top institutional shareholder in the company is BC PARTNERS ADVISORS L.P. with over 43.56 million shares valued at $$1.34 billion. The investor’s holdings represent 11.5655 of the GFL Shares outstanding. As of 2024-06-30, the second largest holder is ONTARIO TEACHERS PENSION PLAN BOARD with 35.36 million shares valued at $$1.38 billion to account for 9.3886 of the shares outstanding. The other top investors are FMR LLC which holds 23.43 million shares representing 6.2817 and valued at over $$912.5 million, while CAPITAL RESEARCH GLOBAL INVESTORS holds 5.9567 of the shares totaling 22.43 million with a market value of $$873.32 million.
