(GFL) Gfl Environmental Holdings - Ratings and Ratios

GFL Environmental Holdings Inc (NYSE:GFL) is a leading provider of non-hazardous solid waste management and environmental services in North America, operating across Canada and the United States. The companys comprehensive service portfolio includes hauling, landfill, transfer, and material recovery facilities, as well as liquid waste management and soil remediation services, catering to municipal, residential, commercial, and industrial clients. With a strong presence in the environmental services sector, GFL has established itself as a key player in the industry.

Analyzing the companys operational segments, Solid Waste and Environmental Services, it is evident that GFLs diversified service offerings enable it to capitalize on various revenue streams. The companys ability to provide a range of services, from collection and transportation to recycling and disposal, positions it for long-term growth and stability in the waste management market.

From a technical analysis perspective, GFLs stock price is currently trading at $49.37, slightly below its 20-day SMA of $49.55, indicating a potential buying opportunity. The stocks 50-day SMA of $48.70 and 200-day SMA of $44.79 suggest a bullish trend, with the stock having broken through key resistance levels. The Average True Range (ATR) of 1.23, equivalent to 2.50%, indicates moderate volatility.

Fundamentally, GFLs market capitalization stands at $18.375 billion USD, with a forward P/E ratio of 95.24, indicating high growth expectations. The companys Return on Equity (RoE) of 40.07% is impressive, suggesting strong profitability. However, the absence of a trailing P/E ratio may indicate that the company has experienced significant fluctuations in earnings.

Forecasting GFLs stock price, we can expect the company to continue its upward trend, driven by its diversified service offerings and strong financial performance. With the stock currently trading near its 52-week high of $51.58, we anticipate a potential correction to the support level of $47.2, followed by a continued upward trajectory. If the companys RoE remains robust and the industry continues to grow, GFLs stock price may reach $55-$60 in the next 6-12 months, representing a 12-22% increase from current levels.