GFL Environmental Inc. [GFL] stock prices are up 1.03% to $39.09 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GFL shares have gain 3.52% over the last week, with a monthly amount glided 24.21%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, UBS started tracking the stock with Buy rating on January 31, 2024, and set its price target to $44. On January 19, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $35 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating. TD Cowen initiated its recommendation with a Outperform and recommended $40 as its price target on November 07, 2023. Truist started tracking with a Buy rating for this stock on October 20, 2023, and assigned it a price target of $46. In a note dated October 17, 2023, Wolfe Research initiated an Outperform rating and provided a target price of $36 on this stock.
The stock price of GFL Environmental Inc. [GFL] has been fluctuating between $26.87 and $40.27 over the past year. Currently, Wall Street analysts expect the stock to reach $42.5 within the next 12 months. GFL Environmental Inc. [NYSE: GFL] shares were valued at $39.09 at the most recent close of the market. An investor can expect a potential return of 8.72% based on the average GFL price forecast.
Analyzing the GFL fundamentals
The GFL Environmental Inc. [NYSE:GFL] reported sales of 5.57B for trailing twelve months, representing a surge of 0.42%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 38.56 points at the first support level, and at 38.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.43, and for the 2nd resistance point, it is at 39.76.
Ratios To Look Out For
It’s worth pointing out that GFL Environmental Inc. [NYSE:GFL]’s Current Ratio is 0.84. As well, the Quick Ratio is 0.84, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 2.64, the price to book ratio is 2.78 and price to earnings (TTM) ratio is 999.74.
