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

GFL Environmental Inc. (TSE:GFL) has earned a consensus rating of “Strong Buy” from the five ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating and four have issued a strong buy rating on the company.

GFL has been the subject of a number of research analyst reports. Wells Fargo & Company raised shares of GFL Environmental to a “strong-buy” rating in a 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 Trading Down 0.6%

Shares of GFL opened at C$59.11 on Thursday. GFL Environmental has a twelve month low of C$56.76 and a twelve month high of C$71.82. The stock has a market cap of C$20.57 billion, a PE ratio of 6.32, a P/E/G ratio of -0.76 and a beta of 0.09. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 147.75. The business’s 50-day moving average price is C$60.58 and its 200-day moving average price is C$63.71.

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

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.