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

Shares of GFL Environmental Inc. (TSE:GFL) have been assigned an average recommendation of “Strong Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a strong buy recommendation on the company.

Separately, Wolfe Research upgraded GFL Environmental to a “strong-buy” rating in a research report on Friday, March 13th.

GFL Environmental Trading Down 0.1%

Shares of GFL Environmental stock opened at C$53.43 on Tuesday. GFL Environmental has a 52-week low of C$50.86 and a 52-week high of C$71.82. The stock’s 50-day simple moving average is C$58.50 and its 200 day simple moving average is C$60.44. The stock has a market capitalization of C$19.29 billion, a P/E ratio of 5.35, a P/E/G ratio of -0.76 and a beta of 0.23. The company has a debt-to-equity ratio of 114.80, a quick ratio of 0.57 and a current ratio of 0.58.

GFL Environmental (TSE:GFL) last announced its quarterly earnings data on Wednesday, February 11th. The company reported C$0.36 earnings per share (EPS) for the quarter. GFL Environmental had a negative return on equity of 21.15% and a negative net margin of 22.76%.The business had revenue of C$1.69 billion for the quarter. As a group, research analysts anticipate that GFL Environmental will post 1.6870788 EPS for the current year.

GFL Environmental Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 30th will be given a dividend of $0.0169 per share. The ex-dividend date is Monday, April 13th. This represents a $0.07 annualized dividend and a dividend yield of 0.1%. GFL Environmental’s dividend payout ratio is currently 0.85%.

About GFL Environmental

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.