GFL Environmental Inc. (TSE:GFL) Given Consensus Rating of "Strong Buy" by Brokerages

Key Points

• Analysts have given GFL Environmental an average rating of "Strong Buy" from six brokerages (five strong-buy, one hold), with recent upgrades including Wolfe Research and a hold from Goldman Sachs.
• Shares trade around C$58.43 (52‑week range C$55.74–C$71.82) with a market cap of C$20.94B and a low P/E of 5.85, but the company shows heavy leverage (debt-to-equity 114.8) and reported negative net margin (-22.76%) and ROE (-21.15%) on quarterly EPS of C$0.37 and revenue of C$1.69B.
• GFL is the fourth-largest diversified environmental services firm in North America, operating across Canada and 18 U.S. states with over 15,000 employees.

Shares of GFL Environmental Inc. (TSE:GFL - Get Free Report) have been assigned an average rating of "Strong Buy" from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have assigned a strong buy recommendation to the company.

Several brokerages have commented on GFL. Wolfe Research upgraded shares of GFL Environmental to a "strong-buy" rating in a research report on Friday, March 13th. The Goldman Sachs Group upgraded GFL Environmental to a "hold" rating in a research report on Monday, November 24th.

GFL Environmental Stock Up 0.5%

Shares of TSE:GFL opened at C$58.43 on Friday. GFL Environmental has a one year low of C$55.74 and a one year high of C$71.82. The company has a 50 day moving average of C$59.21 and a 200-day moving average of C$61.54. The company has a debt-to-equity ratio of 114.80, a current ratio of 0.58 and a quick ratio of 0.57. The stock has a market cap of C$20.94 billion, a price-to-earnings ratio of 5.85, a P/E/G ratio of -0.76 and a beta of 0.10.

GFL Environmental (TSE:GFL - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported C$0.37 earnings per share for the quarter. GFL Environmental had a negative net margin of 22.76% and a negative return on equity of 21.15%. The business had revenue of C$1.69 billion for the quarter. On average, sell-side analysts forecast that GFL Environmental will post 1.6870788 earnings per share for the current 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.

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