GFL Environmental Inc. [GFL] stock prices are up 3.32% to $40.11 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GFL shares have gain 4.89% over the last week, with a monthly amount glided 2.61%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
GFL Environmental Inc. [NYSE: GFL] stock has seen the most recent analyst activity on July 09, 2024, when BMO Capital Markets downgraded its rating to a Market Perform and also revised its price target to $42 from $43. On January 31, 2024, UBS initiated with a Buy rating and assigned a price target of $44 on the stock. BofA Securities downgraded its rating to a Neutral but stick to its price target of $35 on January 19, 2024. Wells Fargo initiated its recommendation with a Equal Weight. TD Cowen started tracking with a Outperform rating for this stock on November 07, 2023, and assigned it a price target of $40. In a note dated October 20, 2023, Truist initiated an Buy rating and provided a target price of $46 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 $42.3 within the next 12 months. GFL Environmental Inc. [NYSE: GFL] shares were valued at $40.11 at the most recent close of the market. An investor can expect a potential return of 5.46% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.34.
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 37.84 points at the first support level, and at 35.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.55, and for the 2nd resistance point, it is at 42.98.
Ratios To Look Out For
It’s worth pointing out that GFL Environmental Inc. [NYSE:GFL]’s Current Ratio is 0.84. Further, the Quick Ratio stands at 0.84, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 2.71, the price to book ratio is 2.85 and price to earnings (TTM) ratio is 1025.83.
