GFL Environmental (NYSE:GFL) Sets New 12-Month Low – Here’s What Happened

GFL Environmental Inc. (NYSE:GFL)’s share price reached a new 52-week low on Tuesday . The company traded as low as $38.38 and last traded at $38.8890, with a volume of 6270414 shares. The stock had previously closed at $43.08.

Trending Headlines about GFL Environmental

Here are the key news stories impacting GFL Environmental this week:

• Positive Sentiment: GFL announced a definitive agreement to acquire SECURE Waste Infrastructure for roughly C$6.4B (enterprise value) with consideration of $24.75 per SECURE share; management projects the deal is immediately accretive and to raise adjusted free cash flow per share by 12–15% and pro?forma EBITDA margin to ~31.6%. GFL and SECURE Waste Infrastructure announce acquisition by GFL
• Positive Sentiment: Deal expands GFL’s exposure to industrial and energy?linked waste services and densifies its Western Canada footprint, potentially unlocking cross?sell and scale synergies in higher?margin segments. GFL Environmental to Buy Secure Waste Infrastructure (WSJ)
• Neutral Sentiment: Multiple outlets report the transaction value at roughly $4.3–4.6B (USD) including debt; reports confirm the strategic rationale but vary slightly on enterprise value figures. Investors should monitor the company’s disclosures for exact pro?forma metrics. GFL Environmental to Buy Secure Waste in C$6.4 Billion Deal
• Neutral Sentiment: Analyst attention: at least one price target was updated higher after the announcement, showing some sell?side support for the strategic logic; however, price targets still vary widely. GFL Environmental (NYSE:GFL) Price Target Raised to $49.00
• Negative Sentiment: Market reaction: investors pushed the stock down as the deal is ~80% paid in GFL shares, raising dilution concerns; short?term pressure reflects uncertainty on share issuance size, integration risk and whether accretion assumptions are achievable. GFL slides as investors digest large, mostly stock-funded acquisition plan
• Negative Sentiment: Financing and timing risk: although management called the deal “net?leverage neutral,” investors will scrutinize the upcoming investor call for details on pro?forma net debt, share issuance schedule, and tangible synergy timelines — any ambiguity could prolong downside pressure. GFL nears deal to buy Secure Waste for over $4.3 billion (Reuters)

Analyst Upgrades and Downgrades

GFL has been the topic of a number of analyst reports. Barclays upped their target price on shares of GFL Environmental from $62.00 to $63.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Weiss Ratings lowered shares of GFL Environmental from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, February 9th. Wolfe Research started coverage on shares of GFL Environmental in a report on Friday, March 13th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. increased their price target on shares of GFL Environmental from $48.00 to $49.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Scotiabank decreased their price target on shares of GFL Environmental from $57.00 to $56.00 and set a “sector outperform” rating on the stock in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $56.78.

GFL Environmental Stock Down 9.7%

The stock’s fifty day moving average price is $42.85 and its 200 day moving average price is $43.80. The stock has a market cap of $13.92 billion, a P/E ratio of 5.72, a price-to-earnings-growth ratio of 3.32 and a beta of 0.84. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.05.

GFL Environmental (NYSE:GFL) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.67 billion. GFL Environmental had a net margin of 56.61% and a return on equity of 3.66%. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.58) EPS. As a group, research analysts forecast that GFL Environmental Inc. will post 0.58 earnings per share for the current fiscal year.

GFL Environmental Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Monday, April 13th will be given a $0.0169 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, April 13th. This is a boost from GFL Environmental’s previous quarterly dividend of $0.02. GFL Environmental’s dividend payout ratio is 0.88%.

Institutional Trading of GFL Environmental

Institutional investors have recently added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd purchased a new stake in GFL Environmental during the fourth quarter valued at about $25,000. Sunbelt Securities Inc. purchased a new stake in GFL Environmental during the third quarter valued at about $33,000. EverSource Wealth Advisors LLC boosted its position in GFL Environmental by 43.1% during the second quarter. EverSource Wealth Advisors LLC now owns 727 shares of the company’s stock valued at $37,000 after buying an additional 219 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in GFL Environmental by 45.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 976 shares of the company’s stock valued at $46,000 after buying an additional 304 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in GFL Environmental by 21.9% during the third quarter. Jones Financial Companies Lllp now owns 1,606 shares of the company’s stock valued at $75,000 after buying an additional 289 shares during the period. 64.70% of the stock is currently owned by hedge funds and other institutional investors.

GFL Environmental Company Profile

GFL Environmental Inc is a leading North American provider of diversified environmental services, offering comprehensive solutions across solid waste management, liquid waste management, soil remediation and infrastructure services. The company’s core business activities include residential, commercial and industrial waste collection, recycling, composting and landfill management. In addition to traditional waste services, GFL provides specialized liquid waste hauling, treatment and disposal services as well as environmental consulting to support industrial and municipal clients in meeting regulatory and sustainability goals.

Founded in 2007 by entrepreneur Patrick Dovigi, GFL Environmental has pursued an aggressive growth strategy driven by strategic acquisitions and organic expansion.