GFL Environmental Inc. (GFL)’s latest performance is not what we had anticipated

On Friday, GFL Environmental Inc. (NYSE: GFL) opened lower -1.08% from the last session, before settling in for the closing price of $41.73. Price fluctuations for GFL have ranged from $26.87 to $43.79 over the past 52 weeks.

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A company in the Industrials sector has jumped its sales by 33.09% annually for the last half of the decade. Company’s average yearly earnings per share was noted -9.68% at the time writing. With a float of $238.64 million, this company’s outstanding shares have now reached $359.35 million.

In an organization with 20000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 17.73%, operating margin of 5.28%, and the pretax margin is -11.05%.

GFL Environmental Inc. (GFL) Insider Updates

A key investor’s attitude towards the stock of the Waste Management industry is another important factor to consider. The insider ownership of GFL Environmental Inc. is 36.62%, while institutional ownership is 60.08%. The most recent insider transaction that took place on Sep 06 ’24, was worth 24,366,000. Before that another transaction happened on Aug 08 ’24, when Company’s Director proposed sale 600,000 for $39.86, making the entire transaction worth $23,916,000.

GFL Environmental Inc. (GFL) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.24 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.21) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -9.68% per share during the next fiscal year.

GFL Environmental Inc. (NYSE: GFL) Trading Performance Indicators

Check out the current performance indicators for GFL Environmental Inc. (GFL). In the past quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.76. Likewise, its price to free cash flow for the trailing twelve months is 578.69.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.41, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.04 in one year’s time.

Technical Analysis of GFL Environmental Inc. (GFL)

Let’s dig in a bit further. During the last 5-days, its volume was 0.86 million. That was inferior than the volume of 1.22 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 76.10%. Additionally, its Average True Range was 0.85.

During the past 100 days, GFL Environmental Inc.’s (GFL) raw stochastic average was set at 81.02%, which indicates a significant increase from 76.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.35% in the past 14 days, which was lower than the 29.64% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $40.72, while its 200-day Moving Average is $36.62. However, in the short run, GFL Environmental Inc.’s stock first resistance to watch stands at $41.75. Second resistance stands at $42.22. The third major resistance level sits at $42.47. If the price goes on to break the first support level at $41.02, it is likely to go to the next support level at $40.77. Assuming the price breaks the second support level, the third support level stands at $40.30.

GFL Environmental Inc. (NYSE: GFL) Key Stats

There are currently 376,471K shares outstanding in the company with a market cap of 15.54 billion. Presently, the company’s annual sales total 5,567 M according to its annual income of 33,630 K. Last quarter, the company’s sales amounted to 1,505 M and its income totaled -344,310 K.