GFL Environmental Inc. (TSE:GFL) Receives Consensus Rating of “Strong Buy” from Brokerages

Shares of GFL Environmental Inc. (TSE:GFL) have earned a consensus recommendation of “Strong Buy” from the five research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and four have given a strong buy recommendation to the company.

A number of equities analysts have commented on GFL shares. The Goldman Sachs Group upgraded shares of GFL Environmental to a “hold” rating in a report on Monday, November 24th. Wells Fargo & Company upgraded shares of GFL Environmental to a “strong-buy” rating in a research report on Thursday, November 13th.

GFL Environmental Price Performance

GFL Environmental stock opened at C$58.40 on Monday. The company has a debt-to-equity ratio of 147.75, a quick ratio of 0.57 and a current ratio of 0.58. The company has a market cap of C$20.32 billion, a price-to-earnings ratio of 5.85, a PEG ratio of -0.76 and a beta of 0.05. GFL Environmental has a 1 year low of C$55.74 and a 1 year high of C$71.82. The firm has a 50 day moving average price of C$59.15 and a 200 day moving average price of C$62.74.

GFL Environmental (TSE:GFL) last posted its quarterly earnings results on Wednesday, February 11th. The company reported C$0.37 earnings per share (EPS) for the quarter. The firm had revenue of C$1.69 billion during the quarter. GFL Environmental had a negative return on equity of 8.41% and a negative net margin of 7.55%. Sell-side analysts predict that GFL Environmental will post 1.6870788 earnings per share for the current year.

GFL Environmental Company Profile

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.