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

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

Separately, Wolfe Research raised GFL Environmental to a “strong-buy” rating in a research note on Friday, March 13th.

GFL Environmental Stock Performance

Shares of TSE GFL opened at C$53.77 on Tuesday. The stock has a market cap of C$19.41 billion, a price-to-earnings ratio of 5.38, a P/E/G ratio of -0.76 and a beta of 0.23. The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 114.80. GFL Environmental has a 1-year low of C$50.86 and a 1-year high of C$71.82. The stock’s 50-day moving average is C$58.31 and its 200 day moving average is C$60.20.

GFL Environmental (TSE:GFL) last posted its quarterly earnings results on Wednesday, February 11th. The company reported C$0.36 earnings per share (EPS) for the quarter. The business had revenue of C$1.69 billion for the quarter. GFL Environmental had a negative return on equity of 21.15% and a negative net margin of 22.76%. On average, sell-side analysts anticipate that GFL Environmental will post 1.6870788 EPS for the current fiscal year.

GFL Environmental Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 30th will be paid a $0.0169 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, April 13th. GFL Environmental’s payout ratio is 0.85%.

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.