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blue-chip

Business Insights on one Industrials Stock– GFL

Jun 06, 2024 | Team Kalkine
Business Insights on  one Industrials  Stock– GFL

GFL:TSX
Investment Type
Large-cap
Risk Level
Action
Rec. Price (CA$)

Section1: Company Overview

GFL Environmental Inc (TSX: GFL) is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. It’s a solid waste management business line, which generates most of the revenue.  This Report covers the Investment Highlights, Key Financial Metrics, Risks, Valuation, Target Price, and Recommendation on the stock.

1.1 The Key Investment Highlights, and Risks

Section2:  Financial Highlights

 2.1 Key Financial Highlights

Section 3:  Stock Recommendation Summary

3.1 Valuation Methodology

3.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~16.10% in 1 month and ~10.37% over the last 3 months. The stock has a 52-week high and 52-week low of CAD 55.06 and CAD 36.56 respectively and is currently trading slightly above the average of 52-week high-low average providing an opportunity to exit, as the prices are approaching the resistance level.  

3.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as of June 05, 2024). Source: REFINITIV, Analysis: Kalkine Group

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, and currency as of June 05, 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

 Note 4: Dividend Yield may vary as per the stock price movement. 


Disclaimer-

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.