GFL Environmental (NYSE:GFL) Stock Breaks Below 50-Day Moving Average – Should You Sell?

Shares of GFL Environmental Inc. (NYSE:GFL) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $43.25 and traded as low as $40.65. GFL Environmental shares last traded at $42.47, with a volume of 22,011,893 shares trading hands.

Analysts Set New Price Targets

Several research firms have recently commented on GFL. Weiss Ratings upgraded GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 26th. Jefferies Financial Group reiterated a “buy” rating on shares of GFL Environmental in a research report on Friday, October 30th. BMO Capital Markets restated a “market perform” rating on shares of GFL Environmental in a research report on Thursday, October 15th. Barclays upped their price target on GFL Environmental from $58.00 to $59.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. Finally, Truist Financial decreased their price objective on GFL Environmental from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, November 3rd. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, GFL Environmental currently has a consensus rating of “Moderate Buy” and a consensus target price of $57.33.

GFL Environmental Trading Down 7.4%

The stock’s 50 day moving average price is $43.25 and its 200-day moving average price is $40.92. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $18.52 billion, a PE ratio of -53.76, a PEG ratio of 3.44 and a beta of 0.68.

GFL Environmental (NYSE:GFL) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. GFL Environmental had a negative net margin of 4.93% and a positive return on equity of 3.84%. The firm had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $1.49 billion. On average, sell-side analysts expect that GFL Environmental Inc. will post 0.56 earnings per share for the current fiscal year.

GFL Environmental Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th were issued a dividend of $0.0169 per share. The ex-dividend date of this dividend was Wednesday, October 14th. This represents a $0.07 dividend on an annualized basis and a yield of 0.2%. GFL Environmental’s dividend payout ratio (DPR) is currently -8.86%.

Hedge Funds Weigh In On GFL Environmental

Hedge funds have recently made changes to their positions in the business. Independent Advisor Alliance bought a new stake in GFL Environmental during the 3rd quarter valued at approximately $217,000. Voya Investment Management LLC lifted its holdings in GFL Environmental by 31.4% in the 3rd quarter. Voya Investment Management LLC now owns 35,194 shares of the company’s stock worth $1,472,000 after purchasing an additional 8,411 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in GFL Environmental by 28.0% in the 3rd quarter. Public Sector Pension Investment Board now owns 21,073 shares of the company’s stock worth $904,000 after purchasing an additional 4,606 shares during the period. Global Retirement Partners LLC boosted its stake in GFL Environmental by 9.8% in the 3rd quarter. Global Retirement Partners LLC now owns 6,881 shares of the company’s stock worth $288,000 after purchasing an additional 614 shares during the period. Finally, Cibc World Market Inc. boosted its stake in GFL Environmental by 62.6% in the 3rd quarter. Cibc World Market Inc. now owns 562,830 shares of the company’s stock worth $23,543,000 after purchasing an additional 216,629 shares during the period. Institutional investors own 64.70% of the company’s stock.

About GFL Environmental

GFL Environmental is a North American waste management company focused on providing solid waste collection, recycling, processing and disposal services. Its operations serve residential, commercial, industrial and municipal customers in Canada and the United States. Founded in 2007, the company expanded through acquisitions and growth in its waste management operations. GFL is headquartered in Vaughan, Ontario. In 2025, GFL completed the sale of its Environmental Services business, which included liquid waste management and soil remediation operations.