GFL Environmental Inc. (TSE:GFL) Receives Consensus Recommendation of “Strong Buy” from Analysts

GFL Environmental Inc. (TSE:GFL) has received a consensus recommendation of “Strong Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. One 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 shares of GFL Environmental to a “strong-buy” rating in a research report on Friday, March 13th.

GFL Environmental Stock Performance

GFL Environmental stock opened at C$51.04 on Friday. The company has a market capitalization of C$18.42 billion, a P/E ratio of 73.97, a P/E/G ratio of -0.76 and a beta of 0.20. The business has a 50 day moving average of C$55.96 and a 200-day moving average of C$58.85. The company has a debt-to-equity ratio of 135.90, a current ratio of 1.51 and a quick ratio of 0.57. GFL Environmental has a 1 year low of C$48.67 and a 1 year high of C$71.13.

GFL Environmental (TSE:GFL) last released its earnings results on Wednesday, April 29th. The company reported C$0.08 earnings per share for the quarter. The business had revenue of C$1.64 billion during the quarter. GFL Environmental had a net margin of 3.12% and a return on equity of 3.01%. On average, equities research analysts predict that GFL Environmental will post 1.6870788 earnings per share for the current year.

GFL Environmental Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 30th were given a dividend of $0.0169 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, April 13th. GFL Environmental’s dividend payout ratio is currently 12.33%.

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.