(GFL) Gfl Environmental Holdings - Ratings and Ratios

GFL Environmental Holdings Inc (TO:GFL) is a leading provider of non-hazardous solid waste management and environmental services in North America, operating in both Canada and the United States. The companys diversified service offerings include hauling, landfill, transfer, and material recovery facilities, as well as liquid waste management and soil remediation services, catering to a broad customer base spanning municipal, residential, commercial, and industrial sectors. With its roots dating back to 2007, GFL has established itself as a significant player in the environmental services industry, headquartered in Vaughan, Canada.

From a business perspective, GFLs operations are segmented into Solid Waste and Environmental Services, allowing for a comprehensive approach to waste management and environmental remediation. The companys extensive network of facilities and services enables it to provide end-to-end solutions for its customers, positioning it for growth in a increasingly environmentally conscious market. With a strong presence in both Canada and the US, GFL is well-placed to capitalize on the growing demand for environmental services.

Analyzing the available data, we can observe that GFLs stock has demonstrated a relatively stable performance, with a current price of 67.75 CAD. The stock is currently trading below its 20-day Simple Moving Average (SMA) of 68.68, but above its 50-day SMA of 67.99, indicating a potential short-term correction. The 200-day SMA stands at 62.84, suggesting a longer-term uptrend. The Average True Range (ATR) is 1.71, equivalent to 2.53%, indicating moderate volatility.

Using the available and , we can forecast that GFLs stock may experience a short-term correction, potentially testing the 52-week low of 50.10, before resuming its upward trajectory. However, with a Market Cap of 24.76B CAD and a Forward P/E ratio of 92.59, the stock may be considered expensive by some metrics. Nevertheless, the companys strong RoE of 40.07% suggests a robust financial performance, which could support the stocks long-term growth prospects. As such, we forecast a potential price target of 75 CAD in the next 6-12 months, driven by the companys continued growth in the environmental services sector.