GFL Environmental (TSE:GFL) Stock Rating Upgraded by Citigroup

GFL Environmental (TSE:GFL) was upgraded by Citigroup to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Scotiabank raised GFL Environmental to a “strong-buy” rating in a report on Friday, October 4th.

GFL Environmental Stock Up 0.2 %

Shares of TSE GFL opened at C$62.10 on Monday. The stock has a market capitalization of C$23.64 billion, a price-to-earnings ratio of -30.29, a price-to-earnings-growth ratio of -0.76 and a beta of 1.03. GFL Environmental has a 52 week low of C$41.90 and a 52 week high of C$68.43. The firm has a 50-day moving average price of C$63.76 and a 200 day moving average price of C$58.78. The company has a quick ratio of 0.57, a current ratio of 0.89 and a debt-to-equity ratio of 145.69.

GFL Environmental (TSE:GFL) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.32 by C$0.01. The company had revenue of C$2.01 billion during the quarter, compared to the consensus estimate of C$2.06 billion. GFL Environmental had a negative net margin of 8.83% and a negative return on equity of 9.83%. Equities research analysts anticipate that GFL Environmental will post 1.6870788 EPS for the current fiscal year.

GFL Environmental Company Profile

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.