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GFL Environmental Inc (NYSE: GFL) closed the day trading at $41.72 down -0.52% from the previous closing price of $41.94. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 1.64 million shares were traded. GFL stock price reached its highest trading level at $42.43 during the session, while it also had its lowest trading level at $41.37.
Ratios:
For a better understanding of GFL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 222.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 88.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 1.32.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on October 04, 2024, initiated with a Sector Outperform rating and assigned the stock a target price of $50.
On July 09, 2024, BMO Capital Markets Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $43 to $42.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 06 ’24 when Patrick Dovigi bought 600,000 shares for $40.61 per share.
Patrick Dovigi bought 600,000 shares of GFL for $23,916,000 on Aug 08 ’24.
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 16498465792 and an Enterprise Value of 26556841984. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88 while its Price-to-Book (P/B) ratio in mrq is 3.27. Its current Enterprise Value per Revenue stands at 3.423 whereas that against EBITDA is 14.599.
Stock Price History:
Over the past 52 weeks, GFL has reached a high of $48.87, while it has fallen to a 52-week low of $30.57. The 50-Day Moving Average of the stock is -7.09%, while the 200-Day Moving Average is calculated to be 5.31%.
Shares Statistics:
Over the past 3-months, GFL traded about 1.19M shares per day on average, while over the past 10 days, GFL traded about 1691360 shares per day. A total of 381.57M shares are outstanding, with a floating share count of 258.55M. Insiders hold about 34.28% of the company’s shares, while institutions hold 65.79% stake in the company. Shares short for GFL as of 1735603200 were 7082520 with a Short Ratio of 5.93, compared to 1732838400 on 7449820. Therefore, it implies a Short% of Shares Outstanding of 7082520 and a Short% of Float of 3.8399997999999997.
Dividends & Splits
GFL’s forward annual dividend rate is 0.06, up from 0.073 a year ago. Against a Trailing Annual Dividend Yield of 0.0017405818
