GFL Environmental Inc (NYSE: GFL) is -2.72% lower on its value in year-to-date trading and has touched a low of $30.57 and a high of $49.35 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 $42.93 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $43.33, the stock is -7.86% and -5.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.72 million and changing 0.93% at the moment leaves the stock 1.12% off its SMA200. GFL registered 26.14% gain for a year compared to 6-month gain of 6.59%. The firm has a 50-day simple moving average (SMA 50) of $46.0594 and a 200-day simple moving average (SMA200) of $42.8483.
The stock witnessed a -7.28% loss in the last 1 month and extending the period to 3 months gives it a -1.57%, and is -9.29% 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 4.58% over the week and 3.08% over the month.
GFL Environmental Inc (GFL) has around 20000 employees, a market worth around $17.05B and $5.74B in sales. Fwd P/E is 50.94. Profit margin for the company is -9.18%. Distance from 52-week low is 41.76% and -12.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.65%).
with sales reaching $1.52B over the same period.The EPS is expected to shrink by -4.60% this year, but quarterly earnings will post -16.78% year-over-year. Quarterly sales are estimated to shrink -15.55% in year-over-year returns.
GFL Environmental Inc (GFL) Top Institutional Holders
476.0 institutions hold shares in GFL Environmental Inc (GFL), with institutional investors hold 82.99% of the company’s shares. The shares outstanding are 381.57M, and float is at 257.81M with Short Float at 3.24%. Institutions hold 80.53% 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 11.5655% 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 6.2215% 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.
GFL Environmental Inc (GFL) Insider Activity
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