GFL Environmental Inc (GFL) shares projected to rise by 20.51%

GFL Environmental Inc [GFL] stock is trading at $43.15, up 0.09%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GFL shares have gain 3.43% over the last week, with a monthly amount drifted -3.49%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

GFL Environmental Inc [NYSE: GFL] stock has seen the most recent analyst activity on January 27, 2025, when Citigroup initiated its Buy rating and assigned the stock a price target of $53. Previously, Scotiabank started tracking the stock with Sector Outperform rating on October 04, 2024, and set its price target to $50. On July 09, 2024, downgrade downgraded it’s rating to Market Perform and revised its price target to $42 on the stock. UBS initiated its recommendation with a Buy and recommended $44 as its price target on January 31, 2024. BofA Securities downgraded its rating to Neutral for this stock on January 19, 2024, but kept the price target unchanged to $35. In a note dated November 27, 2023, Wells Fargo initiated an Equal Weight rating.

GFL Environmental Inc [GFL] stock has fluctuated between $30.57 and $48.87 over the past year. Currently, Wall Street analysts expect the stock to reach $52 within the next 12 months. GFL Environmental Inc [NYSE: GFL] shares were valued at $43.15 at the most recent close of the market. An investor can expect a potential return of 20.51% based on the average GFL price forecast.

Analyzing the GFL fundamentals

GFL Environmental Inc [NYSE:GFL] reported sales of 5.70B for the trailing twelve months, which represents a growth of 4.82%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.08 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.48.

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 42.89 points at the first support level, and at 42.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.34, and for the 2nd resistance point, it is at 43.54.

Ratios To Look Out For

For context, GFL Environmental Inc’s Current Ratio is 0.58. Also, the Quick Ratio is 0.58, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 2.98, the price to book ratio is 3.38.

Transactions by insiders

Recent insider trading involved Patrick Dovigi, Director, that happened on Sep 06 ’24 when 0.6 million shares were purchased. Director, Patrick Dovigi completed a deal on Aug 08 ’24 to buy 0.6 million shares.

Related Posts