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

Shares of GFL Environmental Inc. (TSE:GFL) have earned an average rating of “Strong Buy” from the six research firms that are covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a strong buy recommendation.

GFL has been the topic of several recent research reports. Barclays upgraded shares of GFL Environmental to a “strong-buy” rating in a research report on Friday, September 19th. William Blair upgraded shares of GFL Environmental to a “strong-buy” rating in a research report on Thursday, September 25th.

GFL Environmental Stock Up 0.4%

GFL opened at C$65.29 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 147.75. GFL Environmental has a 1-year low of C$52.89 and a 1-year high of C$71.82. The company has a market capitalization of C$23.72 billion, a PE ratio of 7.12, a PEG ratio of -0.76 and a beta of 0.28. The firm’s 50 day simple moving average is C$67.18 and its two-hundred day simple moving average is C$67.37.

GFL Environmental Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 31st were given a dividend of $0.0154 per share. This represents a $0.06 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, July 14th. GFL Environmental’s dividend payout ratio (DPR) is presently 0.88%.

About GFL Environmental

GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste.