GFL Environmental (NYSE:GFL - Get Free Report) had its price objective boosted by equities research analysts at Scotiabank from $52.00 to $54.00 in a note issued to investors on Tuesday, MarketBeat.com reports. The firm currently has an "outperform" rating on the stock. Scotiabank's target price would suggest a potential upside of 11.84% from the stock's previous close.
A number of other analysts have also commented on GFL. Truist Financial lifted their price target on shares of GFL Environmental from $54.00 to $58.00 and gave the stock a "buy" rating in a research note on Wednesday, April 2nd. Citigroup raised their price target on GFL Environmental from $51.00 to $56.00 and gave the stock a "buy" rating in a research note on Wednesday, April 2nd. National Bankshares reiterated an "outperform" rating on shares of GFL Environmental in a research report on Tuesday, March 11th. Royal Bank of Canada reissued an "outperform" rating and issued a $53.00 target price on shares of GFL Environmental in a research report on Monday, February 24th. Finally, Stifel Nicolaus raised shares of GFL Environmental from a "hold" rating to a "buy" rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $51.25.
Check Out Our Latest Analysis on GFL Environmental
GFL Environmental Stock Up 1.7 %
GFL traded up $0.79 during midday trading on Tuesday, reaching $48.29. The company's stock had a trading volume of 1,790,714 shares, compared to its average volume of 1,456,561. GFL Environmental has a 1 year low of $30.57 and a 1 year high of $49.35. The stock's 50-day moving average is $46.49 and its 200-day moving average is $44.47. The firm has a market capitalization of $18.99 billion, a price-to-earnings ratio of -36.30 and a beta of 1.09. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.27.
GFL Environmental (NYSE:GFL - Get Free Report) last announced its quarterly earnings data on Monday, February 24th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.98 billion. GFL Environmental had a negative net margin of 7.54% and a positive return on equity of 3.50%. As a group, research analysts expect that GFL Environmental will post 0.58 EPS for the current year.
Institutional Trading of GFL Environmental
Several institutional investors and hedge funds have recently modified their holdings of GFL. Blue Trust Inc. increased its stake in GFL Environmental by 124.9% in the 4th quarter. Blue Trust Inc. now owns 551 shares of the company's stock worth $25,000 after buying an additional 306 shares in the last quarter. Berbice Capital Management LLC purchased a new stake in shares of GFL Environmental during the fourth quarter worth about $27,000. Continuum Advisory LLC raised its stake in GFL Environmental by 60.6% during the 3rd quarter. Continuum Advisory LLC now owns 673 shares of the company's stock valued at $29,000 after purchasing an additional 254 shares during the period. Natixis purchased a new position in GFL Environmental in the 4th quarter worth approximately $49,000. Finally, Harbor Investment Advisory LLC purchased a new stake in GFL Environmental during the 1st quarter valued at approximately $53,000. 64.70% of the stock is currently owned by institutional investors.
GFL Environmental Company Profile
(
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.
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