GFL Environmental (TSE:GFL) Trading Down 0.2% – Time to Sell?

GFL Environmental Inc. (TSE:GFL)’s stock price fell 0.2% on Friday . The stock traded as low as C$63.92 and last traded at C$64.28. 111,649 shares traded hands during trading, a decline of 57% from the average session volume of 259,764 shares. The stock had previously closed at C$64.39.

Analysts Set New Price Targets

Separately, Scotiabank upgraded shares of GFL Environmental to a “strong-buy” rating in a report on Friday, October 4th.

GFL Environmental Stock Down 0.2 %

The stock’s fifty day moving average is C$62.52 and its two-hundred day moving average is C$57.22. The company has a current ratio of 0.89, a quick ratio of 0.57 and a debt-to-equity ratio of 145.69. The company has a market capitalization of C$24.47 billion, a PE ratio of -31.36, a P/E/G ratio of -0.76 and a beta of 1.03.

GFL Environmental (TSE:GFL) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, beating the consensus estimate of C$0.32 by C$0.01. The business had revenue of C$2.01 billion for the quarter, compared to the consensus estimate of C$2.06 billion. GFL Environmental had a negative return on equity of 9.83% and a negative net margin of 8.83%. As a group, analysts predict that GFL Environmental Inc. will post 1.6870788 EPS for the current year.

GFL Environmental Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 31st were issued a dividend of $0.019 per share. The ex-dividend date was Wednesday, October 16th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.12%. GFL Environmental’s dividend payout ratio is currently -3.90%.

GFL Environmental Company Profile

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.