GFL Environmental Inc (NYSE: GFL) Could Increase In Price By -14.22% Or More

GFL Environmental Inc (NYSE:GFL)’s traded shares stood at 1.23 million during the latest session, with the company’s beta value hitting 1.08. At the last check today, the stock’s price was $49.03, to imply a decrease of -1.74% or -$0.87 in intraday trading. The GFL share’s 52-week high remains $50.00, putting it -1.98% down since that peak but still an impressive 37.65% since price per share fell to its 52-week low of $30.57. The company has a valuation of $19.29B, with an average of 1.27 million shares in intraday trading volume over the past 10 days and average of 1.98 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for GFL Environmental Inc (GFL), translating to a mean rating of 1.58. Of 7 analyst(s) looking at the stock, 0 analyst(s) give GFL a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.3.

GFL Environmental Inc (NYSE:GFL) trade information

After registering a -1.74% downside in the latest session, GFL Environmental Inc (GFL) has traded red over the past five days. The 5-day price performance for the stock is 0.45%, and 2.64% over 30 days. With these gigs, the year-to-date price performance is 10.08%. Short interest in GFL Environmental Inc (NYSE:GFL) saw shorts transact 11.85 million shares and set a 4.79 days time to cover.

The extremes give us $52 and $56 for target low and target high price respectively. As such, GFL has been trading -14.22% off suggested target high and -6.06% from its likely low.

GFL Environmental Inc (GFL) estimates and forecasts

The rating firms project that company’s revenue will shrink -16.82% compared to the previous financial year.

Revenue forecast for the current quarter as set by 14 analysts is 1.68B. Meanwhile, for the current quarter, a total of 14 analyst(s) estimate revenue growth to 1.67B.Earnings reports from the last fiscal year show that sales brought in 2.06B and 2.01B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -18.58% before dropping -17.20% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -7.26% for the past 5-year period. While 2025 is set for a -11.20% return in earnings, projections for the next 5 years are at 31.45% annually.

GFL Dividends

GFL Environmental Inc has its next earnings report out on 2025-Feb-23. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. GFL Environmental Inc has a forward dividend ratio of 0.06, with the share yield ticking at 0.12% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.13%.

GFL Environmental Inc (NYSE:GFL)’s Major holders

GFL Environmental Inc insiders hold 3.01% of total outstanding shares, with institutional holders owning 94.94% of the shares at 97.88% float percentage. In total, 94.94% institutions holds shares in the company, led by BC PARTNERS ADVISORS L.P.. As of 2024-06-30, the company held over 43.56 million shares (or 11.5655% of shares), all amounting to roughly $1.34 billion.

The next major institution holding the largest number of shares is ONTARIO TEACHERS PENSION PLAN BOARD with 35.36 million shares, or about 9.3886% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.38 billion.

We also have AMERICAN FUNDS INSURANCE SERIES-Growth-Income Fund and INVESTMENT CO OF AMERICA as the top two Mutual Funds with the largest holdings of the GFL Environmental Inc (GFL) shares. Going by data provided on Mar 31, 2025 , AMERICAN FUNDS INSURANCE SERIES-Growth-Income Fund holds roughly 8.36 shares. This is just over 2.36% of the total shares, with a market valuation of $411.1 million. Data from the same date shows that the other fund manager holds a little less at 5.53, or 1.56% of the shares, all valued at about 271.8 million.