GFL Environmental Inc. [NYSE: GFL] stock went on a downward path that fall over -1.25% on Thursday, amounting to a one-week price decrease of less than -1.06%.
Over the last 12 months, GFL stock rose by 21.37%. The one-year GFL Environmental Inc. stock forecast points to a potential upside of 11.71. The average equity rating for GFL stock is currently 1.61, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $15.16 billion, with 359.35 million shares outstanding and 237.96 million shares in the current float. Compared to the average trading volume of 1.08M shares, GFL stock reached a trading volume of 4846056 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on GFL Environmental Inc. [GFL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GFL shares is $45.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GFL stock is a recommendation set at 1.61. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for GFL Environmental Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on July 09, 2024. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price to Outperform. The new note on the price target was released on April 08, 2024, representing the official price target for GFL Environmental Inc. stock. Previously, the target price had yet another raise to $44, while UBS analysts kept a Buy rating on GFL stock.
The Average True Range (ATR) for GFL Environmental Inc. is set at 1.10, with the Price to Sales ratio for GFL stock in the period of the last 12 months amounting to 2.69. The Price to Book ratio for the last quarter was 3.08, with the Price to Cash per share for the same quarter was set at 0.26. Price to Free Cash Flow for GFL in the course of the last twelve months was 564.39 with Quick ratio for the last quarter at 0.89.
GFL Stock Performance Analysis:
GFL Environmental Inc. [GFL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.06. With this latest performance, GFL shares dropped by -0.17% in over the last four-week period, additionally plugging by 15.92% over the last 6 months – not to mention a rise of 21.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GFL stock in for the last two-week period is set at 45.92, with the RSI for the last a single of trading hit 41.65, and the three-weeks RSI is set at 49.29 for GFL Environmental Inc. [GFL]. The present Moving Average for the last 50 days of trading for this stock 40.10, while it was recorded at 40.13 for the last single week of trading, and 35.46 for the last 200 days.
Insight into GFL Environmental Inc. Fundamentals:
GFL Environmental Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.89 and a Current Ratio set at 0.89.
GFL Environmental Inc. [GFL] Institutonal Ownership Details
There are presently around $81.71%, or 84.33%% of GFL stock, in the hands of institutional investors. The top three institutional holders of GFL stocks are: BC PARTNERS ADVISORS L.P. with ownership of 43.56 million shares, which is approximately 11.6775%. ONTARIO TEACHERS PENSION PLAN BOARD, holding 35.36 million shares of the stock with an approximate value of $$1.38 billion in GFL stocks shares; and ONTARIO TEACHERS PENSION PLAN BOARD, currently with $$912.5 million in GFL stock with ownership which is approximately 6.2817%.
