GFL Environmental (TSE:GFL) Upgraded to Strong-Buy at Wolfe Research

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

Several other research firms have also issued reports on GFL. Wells Fargo & Company upgraded shares of GFL Environmental to a “strong-buy” rating in a research report on Thursday, November 13th. The Goldman Sachs Group upgraded GFL Environmental to a “hold” rating in a research report on Monday, November 24th. Five research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Strong Buy”.

GFL Environmental Stock Up 0.1%

Shares of GFL Environmental stock opened at C$59.00 on Friday. The business’s fifty day moving average price is C$59.23 and its two-hundred day moving average price is C$61.83. The company has a debt-to-equity ratio of 114.80, a current ratio of 0.58 and a quick ratio of 0.57. The company has a market capitalization of C$21.14 billion, a P/E ratio of 5.91, a PEG 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 posted its quarterly earnings data on Wednesday, February 11th. The company reported C$0.37 earnings per share (EPS) for the quarter. The business had revenue of C$1.69 billion during the quarter. GFL Environmental had a negative net margin of 22.76% and a negative return on equity of 21.15%. As a group, research analysts forecast 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.