GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi Sells 28,862 Shares

GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi sold 28,862 shares of GFL Environmental stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$54.47, for a total value of C$1,572,191.07.

Jonathan Lucas (Luke) Pelosi also recently made the following trade(s):

• On Friday, September 6th, Jonathan Lucas (Luke) Pelosi sold 43,931 shares of GFL Environmental stock. The stock was sold at an average price of C$54.83, for a total transaction of C$2,408,604.94.

GFL Environmental Stock Performance

The company has a debt-to-equity ratio of 145.69, a current ratio of 0.89 and a quick ratio of 0.57. The stock’s fifty day moving average is C$54.94 and its two-hundred day moving average is C$49.97. The firm has a market capitalization of C$19.91 billion, a price-to-earnings ratio of -26.47, a P/E/G ratio of -0.76 and a beta of 1.06. GFL Environmental Inc. has a 12 month low of C$36.56 and a 12 month high of C$59.00.

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

GFL Environmental Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th were given a dividend of $0.019 per share. This represents a $0.08 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend was Monday, July 15th. GFL Environmental’s payout ratio is presently -3.90%.

Analysts Set New Price Targets

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

About GFL Environmental

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.