GFL Environmental (TSE:GFL) Reaches New 12-Month Low - Should You Sell?

Key Points

• Shares of GFL hit a new 52-week low at C$55.50 (last C$55.79) and are trading below both the 50-day (C$59.14) and 200-day (C$61.36) moving averages.
• Analysts are mostly bullish — five "Strong Buy" ratings and one "Hold" give GFL an average rating of Strong Buy; Wolfe Research recently upgraded to Strong-Buy while Goldman Sachs moved to Hold.
• Fundamentals are mixed: a low P/E of 5.61 and C$20.09B market cap contrast with negative net margin (-22.76%), negative ROE (-21.15%), high debt-to-equity (114.80) and low liquidity (quick ratio 0.57), indicating valuation and financial-risk considerations.

Shares of GFL Environmental Inc. (TSE:GFL - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as C$55.50 and last traded at C$55.79, with a volume of 117283 shares trading hands. The stock had previously closed at C$55.97.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on GFL shares. The Goldman Sachs Group raised GFL Environmental to a "hold" rating in a research note on Monday, November 24th. Wolfe Research upgraded shares of GFL Environmental to a "strong-buy" rating in a report on Friday, March 13th. Five investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, GFL Environmental has an average rating of "Strong Buy".

GFL Environmental Stock Up 0.1%

The company has a market capitalization of C$20.09 billion, a P/E ratio of 5.61, a price-to-earnings-growth ratio of -0.76 and a beta of 0.10. The company has a 50-day moving average of C$59.14 and a two-hundred day moving average of C$61.36. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 114.80.

GFL Environmental (TSE:GFL - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported C$0.36 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 during the quarter. On average, research analysts predict that GFL Environmental Inc. will post 1.6870788 EPS for the current year.

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.

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