JPMorgan Chase & Co. Has Lowered Expectations for GFL Environmental (NYSE:GFL) Stock Price

GFL Environmental (NYSE:GFL) had its target price lowered by equities researchers at JPMorgan Chase & Co. from $42.00 to $40.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential downside of 6.43% from the company’s previous close.

Other research analysts have also recently issued reports about the company. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of GFL Environmental in a report on Monday, August 31st. Weiss Ratings upgraded GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 26th. Barclays lifted their price objective on GFL Environmental from $58.00 to $59.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. BMO Capital Markets reissued a “market perform” rating on shares of GFL Environmental in a research note on Thursday, October 15th. Finally, TD Cowen restated a “buy” rating and issued a $65.00 target price on shares of GFL Environmental in a report on Friday, September 11th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $57.11.

GFL Environmental Price Performance

GFL traded up $0.34 on Wednesday, reaching $42.75. 1,871,067 shares of the company’s stock were exchanged, compared to its average volume of 2,775,128. The stock has a market cap of $18.64 billion, a PE ratio of -54.06, a P/E/G ratio of 3.44 and a beta of 0.68. GFL Environmental has a twelve month low of $33.33 and a twelve month high of $46.76. The stock’s fifty day moving average price is $43.25 and its 200-day moving average price is $40.92. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.93 and a quick ratio of 0.93.

GFL Environmental (NYSE:GFL) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. The company had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $1.49 billion. GFL Environmental had a negative net margin of 4.93% and a positive return on equity of 3.84%. Sell-side analysts expect that GFL Environmental will post 0.56 EPS for the current year.

Institutional Trading of GFL Environmental

Hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new stake in shares of GFL Environmental during the 2nd quarter valued at approximately $31,000. GAMMA Investing LLC lifted its position in GFL Environmental by 853.7% in the third quarter. GAMMA Investing LLC now owns 1,030 shares of the company’s stock valued at $43,000 after buying an additional 922 shares during the last quarter. Fifth Third Bancorp lifted its position in GFL Environmental by 175.0% in the third quarter. Fifth Third Bancorp now owns 1,144 shares of the company’s stock valued at $48,000 after buying an additional 728 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in GFL Environmental by 36.9% in the first quarter. EverSource Wealth Advisors LLC now owns 1,335 shares of the company’s stock valued at $56,000 after buying an additional 360 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in GFL Environmental by 256.9% during the first quarter. Parallel Advisors LLC now owns 1,542 shares of the company’s stock worth $64,000 after buying an additional 1,110 shares during the period. Hedge funds and other institutional investors own 64.70% of the company’s stock.

About GFL Environmental

GFL Environmental is a North American waste management company focused on providing solid waste collection, recycling, processing and disposal services. Its operations serve residential, commercial, industrial and municipal customers in Canada and the United States. Founded in 2007, the company expanded through acquisitions and growth in its waste management operations. GFL is headquartered in Vaughan, Ontario. In 2025, GFL completed the sale of its Environmental Services business, which included liquid waste management and soil remediation operations.