Is GFL Environmental Inc (NYSE: GFL) A Good Investment Now?

GFL Environmental Inc (NYSE:GFL) shares, rose in value on Friday, February 14, with price up by 2.76% to the previous day’s close as strong demand from buyers drove the stock to $46.55.

Actively observing the price movement in the last trading, the stock closed the session at $45.30, falling within a range of $45.65 and $46.74. The value of beta (5-year monthly) was 1.058. Referring to stock’s 52-week performance, its high was $48.87, and the low was $30.57. On the whole, GFL has fluctuated by 8.31% over the past month.

With the market capitalization of GFL Environmental Inc currently standing at about $18.31 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.06, with its dividend yield at 0.12%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.85B, with a low estimate of 1.95B and a high estimate of 2.04B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.98B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GFL’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the price of GFL currently trading nearly 5.57% and 4.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.02, while the 7-day volatility ratio is showing 2.13% which for the 30-day chart, stands at 2.04%. Furthermore, GFL Environmental Inc (GFL)’s beta value is 1.17, and its average true range (ATR) is 1.04.

A comparison of GFL Environmental Inc (GFL) with its peers suggests the former has fared considerably weaker in the market. GFL showed an intraday change of 2.76% in last session, and over the past year, it grew by 33.46%%.

Data on historical trading for GFL Environmental Inc (NYSE:GFL) indicates that the trading volumes over the past 10 days have averaged 1.53 and over the past 3 months, they’ve averaged 1.42 million. According to company’s latest data on outstanding shares, there are 381.57 million shares outstanding.

Nearly 34.31% of GFL Environmental Inc’s shares belong to company insiders and institutional investors own 66.79% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.37 million shares as on 2025-01-31, resulting in a short ratio of 3.68. According to the data, the short interest in GFL Environmental Inc (GFL) stood at 400.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 7.08 million. The stock has risen by 4.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GFL stock heading into the next quarter.

Most Popular