GFL Environmental (TSE:GFL) Raised to “Strong-Buy” at Wolfe Research

GFL Environmental (TSE:GFL) was upgraded by equities research analysts at Wolfe Research to a “strong-buy” rating in a report released on Friday,Zacks.com reports.

A number of other brokerages have also commented on GFL. The Goldman Sachs Group upgraded GFL Environmental to a “hold” rating in a research note on Monday, November 24th. Wells Fargo & Company upgraded shares of GFL Environmental to a “strong-buy” rating in a research note on Thursday, November 13th. Five investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

GFL Environmental Price Performance

TSE GFL opened at C$59.00 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 114.80. The company has a fifty day simple moving average of C$59.23 and a 200 day simple moving average of C$61.83. The company has a market cap of C$21.14 billion, a P/E ratio of 5.91, a P/E/G ratio of -0.76 and a beta of 0.10. GFL Environmental has a 1 year low of C$55.74 and a 1 year high of C$71.82.

GFL Environmental (TSE:GFL) last released its earnings results on Wednesday, February 11th. The company reported C$0.37 earnings per share (EPS) for the quarter. The firm 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 predict that GFL Environmental 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.