GFL Environmental Inc (GFL) average volume reaches $1.97M: Is Wall Street expecting a rally?

GFL Environmental Inc (NYSE: GFL) kicked off on Tuesday, up 2.74% from the previous trading day, before settling in for the closing price of $48.58. Over the past 52 weeks, GFL has traded in a range of $30.57-$49.45.

During the last 5-year period, the sales growth of Industrials Sector giant was 18.41%. While this was happening, its average annual earnings per share was recorded -11.20%. With a float of $258.22 million, this company’s outstanding shares have now reached $381.57 million.

Let’s determine the extent of company efficiency that accounts for 20000 employees. In terms of profitability, gross margin is 18.9%, operating margin of 0.0%, and the pretax margin is -12.02%.

GFL Environmental Inc (GFL) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Waste Management Industry. The insider ownership of GFL Environmental Inc is 34.36%, while institutional ownership is 66.05%. 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) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -11.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.34% during the next five years compared to -7.26% drop over the previous five years of trading.

GFL Environmental Inc (NYSE: GFL) Trading Performance Indicators

Take a look at GFL Environmental Inc’s (GFL) current performance indicators. Last quarter, stock had a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.42. Likewise, its price to free cash flow for the trailing twelve months is 82.48.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.39, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.86 in one year’s time.

Technical Analysis of GFL Environmental Inc (GFL)

Looking closely at GFL Environmental Inc (NYSE: GFL), its last 5-days average volume was 1.12 million, which is a drop from its year-to-date volume of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 82.88%. Additionally, its Average True Range was 1.40.

During the past 100 days, GFL Environmental Inc’s (GFL) raw stochastic average was set at 100.00%, which indicates a significant increase from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.26% in the past 14 days, which was higher than the 30.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $47.02, while its 200-day Moving Average is $43.53. However, in the short run, GFL Environmental Inc’s stock first resistance to watch stands at $50.45. Second resistance stands at $50.99. The third major resistance level sits at $52.07. If the price goes on to break the first support level at $48.83, it is likely to go to the next support level at $47.75. Should the price break the second support level, the third support level stands at $47.21.

GFL Environmental Inc (NYSE: GFL) Key Stats

The company with the Market Capitalisation of 19.63 billion has total of 393,383K Shares Outstanding. Its annual sales at the moment are 5,738 M in contrast with the sum of -527,430 K annual income. Company’s last quarter sales were recorded 1,420 M and last quarter income was -135,950 K.