GFL Environmental (NYSE:GFL – Free Report) had its price target raised by Scotiabank from $55.00 to $56.00 in a research report report published on Friday,Benzinga reports. The firm currently has a sector outperform rating on the stock.
GFL has been the topic of several other research reports. TD Cowen restated a “buy” rating and issued a $65.00 target price on shares of GFL Environmental in a report on Friday, September 11th. Barclays upped their price target on shares of GFL Environmental from $58.00 to $59.00 and gave the company an “overweight” rating in a report on Friday. BMO Capital Markets reissued a “market perform” rating on shares of GFL Environmental in a research report on Thursday, October 15th. Weiss Ratings raised shares of GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. raised their price target on shares of GFL Environmental from $41.00 to $42.00 and gave the stock an “underweight” rating in a report on Wednesday, October 21st. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $57.78.
Get Our Latest Research Report on GFL Environmental
GFL Environmental Price Performance
GFL opened at $45.16 on Friday. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.93 and a quick ratio of 0.75. The stock’s 50 day simple moving average is $42.71 and its 200 day simple moving average is $40.83. The firm has a market cap of $16.30 billion, a price-to-earnings ratio of 69.29, a PEG ratio of 3.33 and a beta of 0.72. GFL Environmental has a 1 year low of $33.33 and a 1 year high of $46.76.
GFL Environmental (NYSE:GFL – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. GFL Environmental had a positive return on equity of 3.84% and a negative net margin of 4.93%. The firm had revenue of $2.16 billion during the quarter, compared to the consensus estimate of $1.49 billion. As a group, analysts predict that GFL Environmental will post 0.57 earnings per share for the current year.
GFL Environmental Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th were issued a $0.0169 dividend. The ex-dividend date was Wednesday, October 14th. This represents a $0.07 annualized dividend and a yield of 0.1%. GFL Environmental’s dividend payout ratio (DPR) is -8.86%.
Institutional Investors Weigh In On GFL Environmental
A number of large investors have recently made changes to their positions in the business. Whipplewood Advisors LLC purchased a new position in shares of GFL Environmental during the first quarter valued at approximately $32,000. Integrated Wealth Concepts LLC purchased a new stake in GFL Environmental in the second quarter worth $31,000. GAMMA Investing LLC lifted its stake in GFL Environmental by 853.7% in the third quarter. GAMMA Investing LLC now owns 1,030 shares of the company’s stock worth $43,000 after acquiring an additional 922 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in GFL Environmental by 36.9% in the first quarter. EverSource Wealth Advisors LLC now owns 1,335 shares of the company’s stock valued at $56,000 after acquiring an additional 360 shares in the last quarter. Finally, WPG Advisers LLC boosted its holdings in GFL Environmental by 45.4% in the third quarter. WPG Advisers LLC now owns 1,530 shares of the company’s stock valued at $64,000 after acquiring an additional 478 shares in the last quarter. 64.70% of the stock is currently owned by institutional investors.
Trending Headlines about GFL Environmental
Here are the key news stories impacting GFL Environmental this week:
- Positive Sentiment: Raised 2026 revenue guidance: GFL issued fiscal 2026 revenue guidance of approximately $5.8 billion, above the $5.7 billion analyst consensus. The increase signals confidence in continued growth, including contributions from its SECURE acquisition. GFL Environmental Raises Earnings Guidance
- Positive Sentiment: Analysts raised price targets: Scotiabank increased its target to $56 from $55 and maintained a “sector outperform” rating, while Barclays raised its target to $59 from $58 and kept an “overweight” rating. The targets imply roughly 24% to 31% potential upside from the referenced share price.
- Positive Sentiment: Strong quarterly revenue growth: Third-quarter revenue rose sharply year over year, while operating cash flow remained positive. The results helped support the stock’s favorable near-term reaction despite mixed profitability. GFL Environmental Q3 Adjusted Earnings and Revenue
- Neutral Sentiment: Take-private activity remains a potential catalyst: GFL set November 9 as the deadline for potential take-private offers. The process could produce a premium bid, but there is no assurance that an offer will emerge or lead to a transaction. GFL Sets Deadline for Take-Private Offers
- Negative Sentiment: Profitability was mixed: GFL’s reported EPS of $0.19 was described as meeting one consensus estimate but missing another at $0.20. Operating profit declined year over year, and the company posted a net loss under adjusted financial data, highlighting execution, leverage and cash-flow risks. GFL Environmental Lags Q3 Earnings Estimates
GFL Environmental Company Profile
GFL Environmental Inc is a Canadian environmental services company that provides waste management and related infrastructure services to municipal, residential, commercial, industrial and institutional customers. The company’s operations include the collection, transfer, processing, recycling and disposal of non-hazardous solid waste, as well as organics and other resource-recovery services.
GFL also provides infrastructure and soil remediation services, including the management of contaminated materials and related environmental projects.
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