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

Shares of GFL Environmental Inc. (TSE:GFL) have earned an average rating of “Strong Buy” from the five brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and four have issued a strong buy recommendation on the company.

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

GFL Environmental Trading Down 0.6%

Shares of GFL opened at C$59.11 on Thursday. The firm has a fifty day simple moving average of C$60.58 and a two-hundred day simple moving average of C$63.71. GFL Environmental has a twelve month low of C$56.76 and a twelve month high of C$71.82. The stock has a market capitalization of C$20.57 billion, a P/E ratio of 6.32, a PEG ratio of -0.76 and a beta of 0.09. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 147.75.

GFL Environmental (TSE:GFL) last posted its earnings results on Wednesday, November 5th. The company reported C$0.28 earnings per share for the quarter. GFL Environmental had a negative net margin of 7.55% and a negative return on equity of 8.41%. The company had revenue of C$1.69 billion during the quarter. On average, research analysts anticipate that GFL Environmental will post 1.6870788 EPS for the current 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.