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

GFL Environmental Inc. (TSE:GFL) has been given a consensus recommendation of “Strong Buy” by the six analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have assigned a strong buy recommendation to the company.

A number of equities analysts have recently weighed in on GFL shares. Wolfe Research raised GFL Environmental to a “strong-buy” rating in a research report on Friday, March 13th. The Goldman Sachs Group raised shares of GFL Environmental to a “hold” rating in a research report on Monday, November 24th.

GFL Environmental Stock Performance

Shares of GFL Environmental stock opened at C$55.97 on Friday. The company has a 50 day moving average of C$59.14 and a 200-day moving average of C$61.36. GFL Environmental has a 1-year low of C$55.74 and a 1-year high of C$71.82. The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 114.80. The company has a market cap of C$20.06 billion, a PE ratio of 5.60, a price-to-earnings-growth ratio of -0.76 and a beta of 0.10.

GFL Environmental (TSE:GFL) last announced its quarterly earnings results 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, equities research analysts forecast that GFL Environmental will post 1.6870788 earnings per share for the current fiscal year.

GFL Environmental Company Profile

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.