GFL Environmental Inc. (TSE:GFL) Given Consensus Rating of “Strong Buy” by Brokerages

GFL Environmental Inc. (TSE:GFL) has received an average rating of “Strong Buy” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and six have assigned a strong buy rating to the company.

GFL has been the topic of several research reports. Barclays upgraded shares of GFL Environmental to a “strong-buy” rating in a research report on Friday, September 19th. William Blair upgraded shares of GFL Environmental to a “strong-buy” rating in a report on Thursday, September 25th. The Goldman Sachs Group upgraded shares of GFL Environmental to a “hold” rating in a report on Monday, November 24th. Finally, Wells Fargo & Company upgraded shares of GFL Environmental to a “strong-buy” rating in a research report on Thursday, November 13th.

GFL Environmental Stock Performance

Shares of TSE GFL opened at C$58.54 on Friday. GFL Environmental has a 1 year low of C$57.63 and a 1 year high of C$71.82. The firm has a market cap of C$20.37 billion, a P/E ratio of 6.26, a PEG ratio of -0.76 and a beta of 0.09. The stock has a fifty day moving average price of C$61.20 and a two-hundred day moving average price of C$64.43. The company has a debt-to-equity ratio of 147.75, a quick ratio of 0.57 and a current ratio of 0.58.

GFL Environmental (TSE:GFL) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$0.28 EPS for the quarter. GFL Environmental had a negative return on equity of 8.41% and a negative net margin of 7.55%.The company had revenue of C$1.69 billion for the quarter. Research analysts forecast that GFL Environmental will post 1.6870788 EPS for the current fiscal year.

GFL Environmental Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Friday, October 31st were paid a dividend of $0.0154 per share. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a $0.06 annualized dividend and a dividend yield of 0.1%. GFL Environmental’s dividend payout ratio (DPR) is currently 0.88%.

About GFL Environmental

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.