Shares of GFL Environmental Inc. ( NYSE:GFL – Get Free Report ) have received an average recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company.
The average 1-year target price among analysts that have issued a report on the stock in the last year is $45.80. Several research firms recently commented on GFL.
Royal Bank of Canada raised their price target on shares of GFL Environmental from $46.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd.
UBS Group raised their target price on shares of GFL Environmental from $47.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th.
Raymond James boosted their price target on GFL Environmental from $47.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, November 8th.
Truist Financial raised their price objective on GFL Environmental from $46.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, November 8th.
Finally, Scotiabank upped their target price on GFL Environmental from $50.00 to $51.00 and gave the stock a “sector outperform” rating in a report on Friday, November 8th.
Check Out Our Latest Stock Report on GFL Environmental GFL Environmental Stock Performance GFL Environmental ( NYSE:GFL – Get Free Report ) last released its earnings results on Wednesday, November 6th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.
23 by $0.01. GFL Environmental had a positive return on equity of 3.
50% and a negative net margin of 7.54%. The firm had revenue of $1.
48 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Research analysts predict that GFL Environmental will post 0.
59 EPS for the current year. GFL Environmental Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were issued a $0.
014 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.
12%. The ex-dividend date of this dividend was Wednesday, October 16th. GFL Environmental’s dividend payout ratio (DPR) is currently -4.
51%. Institutional Inflows and Outflows Several institutional investors have recently made changes to their positions in GFL. Continuum Advisory LLC lifted its holdings in GFL Environmental by 60.
6% in the third quarter. Continuum Advisory LLC now owns 673 shares of the company’s stock valued at $29,000 after acquiring an additional 254 shares during the period. Cape Investment Advisory Inc.
boosted its holdings in GFL Environmental by 325.0% during the first quarter. Cape Investment Advisory Inc.
now owns 1,275 shares of the company’s stock worth $44,000 after buying an additional 975 shares in the last quarter. Fifth Third Bancorp boosted its holdings in GFL Environmental by 51.1% during the second quarter.
Fifth Third Bancorp now owns 1,358 shares of the company’s stock worth $53,000 after buying an additional 459 shares in the last quarter. Spartan Fund Management Inc. acquired a new stake in GFL Environmental during the third quarter valued at $60,000.
Finally, Tobam increased its holdings in GFL Environmental by 139.5% in the second quarter. Tobam now owns 1,751 shares of the company’s stock valued at $68,000 after buying an additional 1,020 shares in the last quarter.
Hedge funds and other institutional investors own 64.70% of the company’s stock. About GFL Environmental ( Get Free Report GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States.
It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers. Read More Five stocks we like better than GFL Environmental Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours? Vertiv’s Cool Tech Makes Its Stock Red-Hot Financial Services Stocks Investing MarketBeat Week in Review – 11/18 – 11/22 P/E Ratio Calculation: How to Assess Stocks 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for GFL Environmental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GFL Environmental and related companies with MarketBeat.
com's FREE daily email newsletter ..
Business
GFL Environmental Inc. (NYSE:GFL) Receives Consensus Rating of “Moderate Buy” from Analysts
Shares of GFL Environmental Inc. (NYSE:GFL – Get Free Report) have received an average recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average [...]