Gfl Environmental Holdings Stock Today

GFL Stock  USD 33.60  0.20  0.60%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 35

 
High
 
Low
Below Average
Gfl Environmental is selling for 33.60 as of the 16th of April 2024. This is a 0.60% increase since the beginning of the trading day. The stock's lowest day price was 33.25. Gfl Environmental has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Gfl Environmental Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
3rd of March 2020
Category
Industrials
GFL Environmental Inc. operates as a diversified environmental services company in Canada and the United States. The company was incorporated in 2007 and is headquartered in Vaughan, Canada. Gfl Environmental operates under Waste Management classification in the United States and is traded on New York Stock Exchange. The company has 359.35 M outstanding shares of which 6.77 M shares are currently shorted by investors with about 4.96 days to cover. More on Gfl Environmental Holdings

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Gfl Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Gfl Environmental's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gfl Environmental or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanPatrick Dovigi
Thematic Ideas
(View all Themes)
Business ConcentrationEnvironmental & Facilities Services, Commercial & Professional Services, Industrials, NYSE Composite, SP TSX Composite, Iron, Recycling, Almost Nothing, Industrials, Commercial Services & Supplies, Waste Management, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Gfl Environmental report their recommendations after researching Gfl Environmental's financial statements, talking to executives and customers, or listening in on Gfl Environmental's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Gfl Environmental. The Gfl consensus assessment is calculated by taking the average forecast from all of the analysts covering Gfl Environmental.
Financial Strength
Based on the analysis of Gfl Environmental's profitability, liquidity, and operating efficiency, Gfl Environmental Holdings is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Gfl Environmental is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.260.3636
Way Down
Slightly volatile
Gross Profit Margin0.150.167
Moderately Down
Slightly volatile
Net Debt7.9 B9.1 B
Fairly Down
Slightly volatile
Total Current Liabilities1.4 B1.8 B
Significantly Down
Slightly volatile
Non Current Liabilities Total9.6 B11.5 B
Fairly Down
Slightly volatile
Total Assets15.9 B20.7 B
Significantly Down
Slightly volatile
Total Current Assets1.2 B1.5 B
Fairly Down
Slightly volatile
Total Cash From Operating Activities538.5 M942.2 M
Way Down
Slightly volatile
Gfl Environmental's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Gfl Environmental's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gfl Environmental's financial leverage. It provides some insight into what part of Gfl Environmental's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Gfl Environmental's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Gfl Environmental deploys its capital and how much of that capital is borrowed.
Liquidity
Gfl Environmental cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 9.28 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Gfl Environmental has a current ratio of 0.62, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Gfl Environmental until it has trouble settling it off, either with new capital or with free cash flow. So, Gfl Environmental's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gfl Environmental sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gfl to invest in growth at high rates of return. When we think about Gfl Environmental's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(107.25 Million)
Gfl Environmental Holdings (GFL) is traded on New York Stock Exchange in USA. It is located in 100 New Park Place, Vaughan, ON, Canada, L4K 0H9 and employs 20,000 people. Gfl Environmental is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 12.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gfl Environmental's market, we take the total number of its shares issued and multiply it by Gfl Environmental's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Gfl Environmental runs under Commercial Services & Supplies sector within Industrials industry. The entity has 359.35 M outstanding shares of which 6.77 M shares are currently shorted by investors with about 4.96 days to cover. Gfl Environmental Holdings has about 230.6 M in cash with 942.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Check Gfl Environmental Probability Of Bankruptcy
Ownership Allocation
Gfl Environmental secures a total of 359.35 Million outstanding shares. The majority of Gfl Environmental outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Gfl Environmental to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Gfl Environmental Holdings. Please pay attention to any change in the institutional holdings of Gfl Environmental as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Gfl Ownership Details

Gfl Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Gfl Environmental jumping above the current price in 90 days from now is about 83.67%. The Gfl Environmental Holdings probability density function shows the probability of Gfl Environmental stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Gfl Environmental has a beta of 0.987. This usually indicates Gfl Environmental Holdings market returns are very sensitive to returns on the market. As the market goes up or down, Gfl Environmental is expected to follow. Additionally, gfl Environmental Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 33.6HorizonTargetOdds Above 33.6
16.11%90 days
 33.60 
83.67%
Based on a normal probability distribution, the odds of Gfl Environmental to move above the current price in 90 days from now is about 83.67 (This Gfl Environmental Holdings probability density function shows the probability of Gfl Stock to fall within a particular range of prices over 90 days) .

Gfl Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Gfl Environmental that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Gfl Environmental's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Gfl Environmental's value.
InstituionRecorded OnShares
Royal Bank Of Canada2023-12-31
5.5 M
American Century Companies Inc2023-12-31
M
Millennium Management Llc2023-12-31
4.8 M
Deutsche Bank Ag2023-12-31
3.8 M
Cibc Global Asset Management Inc2023-12-31
2.5 M
Blackrock Inc2023-12-31
2.5 M
Norges Bank2023-12-31
2.5 M
Goldman Sachs Group Inc2023-12-31
2.2 M
Caisse De Depot Et Placement Du Quebec2023-12-31
M
Bc Partners Advisors L.p.2023-12-31
48.5 M
Ontario Teachers Pension Plan Board2023-12-31
39.4 M
View Gfl Environmental Diagnostics

Gfl Environmental Historical Income Statement

Gfl Environmental Holdings Income Statement is one of the three primary financial statements used for reporting Gfl's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Gfl Environmental revenue and expense. Gfl Environmental Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Gfl Environmental's Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 167.9 M this year, although the value of Interest Income will most likely fall to about 509.2 M. View More Fundamentals

Gfl Stock Against Markets

Picking the right benchmark for Gfl Environmental stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Gfl Environmental stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Gfl Environmental is critical whether you are bullish or bearish towards Gfl Environmental Holdings at a given time. Please also check how Gfl Environmental's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Gfl Environmental without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Gfl Environmental Corporate Management

Elected by the shareholders, the Gfl Environmental's board of directors comprises two types of representatives: Gfl Environmental inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gfl. The board's role is to monitor Gfl Environmental's management team and ensure that shareholders' interests are well served. Gfl Environmental's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gfl Environmental's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark BouldinArea Vice President Liquid Waste U.SProfile
Dino ChiesaLead Independent DirectorProfile
Blake SumlerIndependent DirectorProfile
Arun NayarIndependent DirectorProfile

How to buy Gfl Stock?

Before investing in Gfl Environmental, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Gfl Environmental. To buy Gfl Environmental stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gfl Environmental. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Gfl Environmental stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Gfl Environmental Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Gfl Environmental Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Gfl Environmental Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Gfl Stock please use our How to Invest in Gfl Environmental guide.

Already Invested in Gfl Environmental Holdings?

The danger of trading Gfl Environmental Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Gfl Environmental is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Gfl Environmental. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gfl Environmental is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Gfl Environmental is a strong investment it is important to analyze Gfl Environmental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gfl Environmental's future performance. For an informed investment choice regarding Gfl Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfl Environmental Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Gfl Environmental information on this page should be used as a complementary analysis to other Gfl Environmental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Gfl Environmental's price analysis, check to measure Gfl Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gfl Environmental is operating at the current time. Most of Gfl Environmental's value examination focuses on studying past and present price action to predict the probability of Gfl Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gfl Environmental's price. Additionally, you may evaluate how the addition of Gfl Environmental to your portfolios can decrease your overall portfolio volatility.
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Is Gfl Environmental's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gfl Environmental. If investors know Gfl will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gfl Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.972
Dividend Share
0.069
Earnings Share
(0.09)
Revenue Per Share
21.52
Quarterly Revenue Growth
0.034
The market value of Gfl Environmental is measured differently than its book value, which is the value of Gfl that is recorded on the company's balance sheet. Investors also form their own opinion of Gfl Environmental's value that differs from its market value or its book value, called intrinsic value, which is Gfl Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gfl Environmental's market value can be influenced by many factors that don't directly affect Gfl Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gfl Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gfl Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gfl Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.