GFL Environmental Inc. (NYSE:GFL) Jump 7.06%, More Rally Possible

NOVA

In recent trading session, GFL Environmental Inc. (NYSE:GFL) saw 1.02 million shares changing hands at last check today with its beta currently measuring 1.15. Company’s recent per share price level of $34.11 trading at $2.25 or 7.06% at last check today assigns it a market valuation of $12.84B. That closing price of GFL’s stock is at a discount of -14.51% from its 52-week high price of $39.06 and is indicating a premium of 21.23% from its 52-week low price of $26.87. Taking a look at company’s average trading volume volume of 1.19 million if we extend that period to 3-months.

GFL Environmental Inc. (NYSE:GFL) trade information

Upright in the green today for gaining 7.06%, in the last five days GFL remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $34.11 price level, adding 1.33% to its value on the day. GFL Environmental Inc.’s shares saw a change of -1.16% in year-to-date performance and have moved 5.64% in past 5-day. GFL Environmental Inc. (NYSE:GFL) showed a performance of 1.40% in past 30-days.

GFL Environmental Inc. (GFL) estimates and forecasts

Statistics highlight that GFL Environmental Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 18.36% of value to its shares in past 6 months, showing an annual growth rate of 11.11% while that of industry is 17.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 6.90% from the last financial year’s standing.

15 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.29B for the same. And 15 analysts are in estimates of company making revenue of 1.49B in the next quarter. Company posted 1.36B and 1.46B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 39.81% during past 5 years.

GFL Dividends

GFL Environmental Inc. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.