Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, GFL Environmental Inc. (NYSE: GFL) closed at $32.86 down -1.05% from its previous closing price of $33.21. In other words, the price has decreased by -$1.05 from its previous closing price. On the day, 0.91 million shares were traded. GFL stock price reached its highest trading level at $33.27 during the session, while it also had its lowest trading level at $32.68.
Ratios:
For a deeper understanding of GFL Environmental Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.28.
On January 31, 2024, UBS started tracking the stock assigning a Buy rating and target price of $44.
BofA Securities Downgraded its Buy to Neutral on January 19, 2024, while the target price for the stock was maintained at $35.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GFL now has a Market Capitalization of 12502605824 and an Enterprise Value of 21558411264. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 2.24. Its current Enterprise Value per Revenue stands at 2.869 whereas that against EBITDA is 11.95.
Stock Price History:
Over the past 52 weeks, GFL has reached a high of $39.06, while it has fallen to a 52-week low of $26.87. The 50-Day Moving Average of the stock is -5.45%, while the 200-Day Moving Average is calculated to be -0.57%.
Shares Statistics:
For the past three months, GFL has traded an average of 1.21M shares per day and 816150 over the past ten days. A total of 359.35M shares are outstanding, with a floating share count of 226.12M. Insiders hold about 39.94% of the company’s shares, while institutions hold 55.64% stake in the company. Shares short for GFL as of 1711584000 were 6771962 with a Short Ratio of 5.60, compared to 1709164800 on 6550268. Therefore, it implies a Short% of Shares Outstanding of 6771962 and a Short% of Float of 4.17.
Dividends & Splits
According to the company, the forward annual dividend rate for GFL is 0.05, from 0.069 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0020776875
