GFL Environmental (NYSE:GFL) posted its quarterly earnings results on Sunday. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03, Fidelity Earnings reports.
GFL traded down $0.64 on Tuesday, hitting $28.80. 128,208 shares of the company’s stock were exchanged, compared to its average volume of 694,870. GFL Environmental has a fifty-two week low of $11.92 and a fifty-two week high of $32.25. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 1.10. The firm has a 50-day moving average price of $29.59 and a 200-day moving average price of $24.67.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 29th. Shareholders of record on Tuesday, January 19th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Friday, January 15th. This represents a $0.04 annualized dividend and a yield of 0.14%.
Several research firms have recently weighed in on GFL. CIBC lifted their target price on shares of GFL Environmental from $32.00 to $42.00 and gave the company an “outperform” rating in a report on Monday, December 7th. JPMorgan Chase & Co. lifted their target price on shares of GFL Environmental from $24.00 to $27.00 and gave the company an “overweight” rating in a report on Monday, November 9th. TD Securities lifted their target price on shares of GFL Environmental from $32.00 to $36.00 and gave the company a “hold” rating in a report on Wednesday, December 9th. BMO Capital Markets lifted their target price on shares of GFL Environmental from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Friday, November 6th. Finally, Barclays assumed coverage on shares of GFL Environmental in a report on Friday, January 29th. They issued an “equal weight” rating for the company. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $27.83.
GFL Environmental Company Profile
GFL Environmental Inc operates as a diversified environmental services company in North America. The company offers non-hazardous solid waste management, infrastructure and soil remediation, and liquid waste management services. Its solid waste management business line includes the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste for municipal, residential, and commercial and industrial customers.
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