GFL Environmental Inc. (TSE:GFL) Receives Average Rating of “Strong Buy” from Brokerages

GFL Environmental Inc. (TSE:GFL) has been assigned an average recommendation of “Strong Buy” from the five research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and four have issued a strong buy rating on the company.

A number of equities analysts have issued reports on the company. Wells Fargo & Company raised GFL Environmental to a “strong-buy” rating in a research note on Thursday, November 13th. The Goldman Sachs Group upgraded shares of GFL Environmental to a “hold” rating in a report on Monday, November 24th.

GFL Environmental Stock Performance

Shares of GFL opened at C$58.40 on Monday. The firm has a market capitalization of C$20.32 billion, a PE ratio of 5.85, a P/E/G ratio of -0.76 and a beta of 0.05. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 147.75. The firm has a 50-day moving average price of C$59.15 and a 200 day moving average price of C$62.74. GFL Environmental has a 52-week low of C$55.74 and a 52-week high of C$71.82.

GFL Environmental (TSE:GFL) last issued its quarterly earnings results on Wednesday, February 11th. The company reported C$0.37 earnings per share for the quarter. The company had revenue of C$1.69 billion during the quarter. GFL Environmental had a negative net margin of 7.55% and a negative return on equity of 8.41%. On average, sell-side analysts anticipate that GFL Environmental will post 1.6870788 earnings per share for the current fiscal year.

GFL Environmental Company Profile

GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its infrastructure and soil remediation business line provides remediation of contaminated soils and complementary services, including civil, demolition, excavation, and shoring services.