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

Shares of GFL Environmental Inc. (TSE:GFL) have been given a consensus rating of “Strong Buy” by the five research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have issued a strong buy recommendation on the company.

A number of research firms have recently issued reports on GFL. The Goldman Sachs Group upgraded GFL Environmental to a “hold” rating in a report on Monday, November 24th. 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$60.28 on Monday. The stock’s fifty day simple moving average is C$59.01 and its 200 day simple moving average is C$62.46. The stock has a market capitalization of C$21.58 billion, a price-to-earnings ratio of 6.03, a PEG 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. 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 released its quarterly earnings results on Wednesday, February 11th. The company reported C$0.37 earnings per share for the quarter. The business had revenue of C$1.69 billion during the quarter. GFL Environmental had a negative return on equity of 8.41% and a negative net margin of 7.55%. As a group, sell-side analysts forecast that GFL Environmental will post 1.6870788 earnings per share for the current fiscal year.

GFL Environmental Company Profile

GFL is the fourth largest diversified environmental services company in North America, providing comprehensive solid waste management services from its platform of facilities throughout Canada and 18 U.S. states. GFL has a workforce of more than 15,000 employees across its organization.