GFL Environmental Inc. (GFL): Investing In A Time Of Crisis

GFL Environmental Inc. (NYSE:GFL) currently has a daily average trading volume of 1.19M but it saw 1515035 shares traded in last market. With a market cap of 15.70B USD, the company’s current market price of $41.69 came rising about 0.55 while comparing to the previous closing price of $41.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $43.79 and as low as $26.87. In the recent trading on the day, stock has struck highest price mark of $41.545 while lowest mark touched by it was $42.07.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Scotiabank which initiated the stock as “Sector Outperform” in its note to investors issued on October 04, 2024, recommending a price target of $50 for it. BMO Capital Markets downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on July 09, 2024 while assigning a price target range of $43-$42. RBC Capital Mkts issued its recommendations for the stock as it resumed the price target for the stock is $46.

Over the week, GFL’s stock price is moving 2.43% up while it is 4.51% when we observe its performance for the past one month. Year-to-date it is 20.81% up and over the past year, the stock is showing an upside performance of 39.81%.

Currently, GFL Environmental Inc.’s total number of outstanding shares is 359.35M. Company’s return on investment (ROI) stands at -4.31% and return on equity (ROE) at -9.59%. It has a 38.68 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 3.19 while price to sale or P/S ratio amounts to 2.79. Its return on asset (ROA) is -3.43% on average.