With 2.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.07 million shares. The 52-week range on GFL shows that it touched its highest point at $52.00 and its lowest point at $30.57 during that stretch. It currently has a 1-year price target of $54.44. With its current market cap of 17.98 billion, GFL has annualized dividend of $0.06 while the current yield stands at 0.12%. Beta for the stock currently stands at 1.03.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GFL was down-trending over the past week, with a drop of -2.76%, but this was up by 0.12% over a month. Three-month performance surged to 8.23% while six-month performance rose 10.80%. The stock gained 51.19% in the past year, while it has gained 10.08% so far this year. A look at the trailing 12-month EPS for GFL yields -4.51 with Next year EPS estimates of 0.60. For the next quarter, that number is 0.13. This implies an EPS growth rate of -42.02% for this year and 75.27% for next year. EPS is expected to grow by 13.93% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.26%.
Float and Shares Shorts:
At present, 354.89 million GFL shares are outstanding with a float of 241.26 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GFL since 7 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.94453 being high and $0.66258 being low. For GFL, this leads to a yearly average estimate of $0.81766. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.22. The average estimate for the next quarter is thus $0.28.
