GFL Environmental Inc. (NYSE:GFL) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of GFL Environmental Inc. (NYSE:GFL) have been given a consensus recommendation of “Moderate Buy” by the fifteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $56.5556.

GFL has been the topic of several recent research reports. Wells Fargo & Company assumed coverage on GFL Environmental in a report on Thursday, November 13th. They set an “overweight” rating on the stock. UBS Group raised their price objective on GFL Environmental from $58.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of GFL Environmental in a research report on Monday, December 29th. William Blair started coverage on GFL Environmental in a report on Thursday, September 25th. They set an “outperform” rating on the stock. Finally, Stifel Nicolaus began coverage on shares of GFL Environmental in a research note on Tuesday, September 30th. They issued a “buy” rating for the company.

Key Headlines Impacting GFL Environmental

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

• Positive Sentiment: Relocating the executive headquarters to Miami Beach is intended to make GFL eligible for inclusion in major U.S. stock indexes — index inclusion would likely attract passive fund flows and more U.S. institutional investors, supporting demand for the stock. PR Newswire: GFL Announces Relocation
• Positive Sentiment: Analysts remain constructive: Scotiabank trimmed its price target slightly from $58 to $57 but kept a “sector outperform” rating, implying material upside from current levels — a signal that the analyst community still sees growth potential. The Fly: Price Target Lowered
• Neutral Sentiment: The company will remain incorporated in Ontario and will retain its TSX listing and eligibility for Canadian indices, reducing the chance of immediate disruption to Canadian index investors. This clarifies that the move is strategic for investor base expansion rather than a full re-domicile. Globe and Mail: Head Office Move
• Neutral Sentiment: Management says the move will have limited operational impact in Canada; reports indicate roughly a dozen jobs affected, signaling limited near-term cost or operational disruption. CityNews: Jobs Affected
• Negative Sentiment: The relocation has prompted media and public scrutiny in Canada and could create political or reputational headwinds; investors should watch for any regulatory, tax or stakeholder response that could pressure sentiment. CBC: Coverage of Move

Hedge Funds Weigh In On GFL Environmental

A number of institutional investors have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA boosted its stake in GFL Environmental by 9.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 11,201,976 shares of the company’s stock valued at $481,125,000 after purchasing an additional 977,344 shares during the period. Barton Investment Management increased its position in GFL Environmental by 0.7% in the 4th quarter. Barton Investment Management now owns 420,150 shares of the company’s stock worth $18,045,000 after buying an additional 2,852 shares during the period. Mn Services Vermogensbeheer B.V. lifted its holdings in shares of GFL Environmental by 1.2% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 79,682 shares of the company’s stock worth $3,427,000 after buying an additional 982 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of GFL Environmental by 40.8% during the fourth quarter. Nordea Investment Management AB now owns 6,673,954 shares of the company’s stock worth $290,083,000 after buying an additional 1,932,442 shares during the last quarter. Finally, Swiss Life Asset Management Ltd boosted its position in shares of GFL Environmental by 3.1% in the third quarter. Swiss Life Asset Management Ltd now owns 17,017 shares of the company’s stock valued at $808,000 after acquiring an additional 516 shares during the period. 64.70% of the stock is currently owned by institutional investors.

GFL Environmental Price Performance

NYSE GFL opened at $44.68 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $16.05 billion, a PE ratio of 7.00 and a beta of 0.88. GFL Environmental has a 12-month low of $40.83 and a 12-month high of $52.00. The company has a 50 day moving average price of $43.86 and a two-hundred day moving average price of $46.07.

GFL Environmental (NYSE:GFL) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.69 billion. GFL Environmental had a net margin of 50.99% and a return on equity of 3.06%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.33 EPS. As a group, equities analysts predict that GFL Environmental will post 0.58 earnings per share for the current fiscal year.

GFL Environmental Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 13th will be given a dividend of $0.0154 per share. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $0.06 dividend on an annualized basis and a yield of 0.1%. GFL Environmental’s payout ratio is currently 0.94%.

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.