GFL Environmental Inc. (TSE:GFL) Senior Officer Sells C$2,408,604.94 in Stock

GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi sold 43,931 shares of GFL Environmental stock in a transaction dated Friday, September 6th. The stock was sold at an average price of C$54.83, for a total value of C$2,408,604.94.

GFL Environmental Trading Up 1.7 %

GFL stock opened at C$55.31 on Thursday. The firm’s fifty day simple moving average is C$54.87 and its two-hundred day simple moving average is C$49.84. The stock has a market capitalization of C$20.17 billion, a price-to-earnings ratio of -26.52, a price-to-earnings-growth ratio of -0.76 and a beta of 1.06. The company has a quick ratio of 0.57, a current ratio of 0.89 and a debt-to-equity ratio of 145.69. GFL Environmental Inc. has a twelve month low of C$36.56 and a twelve month high of C$59.00.

GFL Environmental (TSE:GFL) last issued its quarterly earnings results on Wednesday, July 31st. The company reported C$0.29 EPS for the quarter, beating the consensus estimate of C$0.28 by C$0.01. The company had revenue of C$2.06 billion for the quarter, compared to the consensus estimate of C$2.06 billion. GFL Environmental had a negative net margin of 8.83% and a negative return on equity of 9.83%. As a group, analysts anticipate that GFL Environmental Inc. will post 1.6421021 earnings per share for the current year.

GFL Environmental Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, July 15th were paid a dividend of $0.019 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.14%. The ex-dividend date was Monday, July 15th. GFL Environmental’s dividend payout ratio is currently -3.90%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets cut GFL Environmental from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 9th.

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.