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

GFL Environmental Inc. (TSE:GFL) has been given an average recommendation of “Strong Buy” by the five ratings firms that are currently covering the stock, 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.

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

GFL Environmental Stock Up 0.4%

Shares of GFL Environmental stock opened at C$58.49 on Thursday. The stock has a market capitalization of C$20.35 billion, a P/E ratio of 6.26, a PEG ratio of -0.76 and a beta of 0.09. GFL Environmental has a 12-month low of C$56.76 and a 12-month high of C$71.82. The stock has a 50 day moving average price of C$60.34 and a two-hundred day moving average price of C$63.61. 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 announced its quarterly 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 business had revenue of C$1.69 billion for the quarter. Equities analysts expect that GFL Environmental will post 1.6870788 earnings per share 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.