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 the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$54.47, for a total transaction 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 shares were sold at an average price of C$54.83, for a total value of C$2,408,604.94.

GFL Environmental Price Performance

The stock’s 50-day simple moving average is C$54.94 and its 200-day simple moving average is C$49.97. The company has a debt-to-equity ratio of 145.69, a current ratio of 0.89 and a quick ratio of 0.57. GFL Environmental Inc. has a one year low of C$36.56 and a one year high of C$59.00. The stock has a market capitalization of C$19.91 billion, a price-to-earnings ratio of -26.47, a PEG ratio of -0.76 and a beta of 1.06.

GFL Environmental (TSE:GFL) last announced its earnings results on Wednesday, July 31st. The company reported C$0.29 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of C$2.06 billion. Analysts expect that GFL Environmental Inc. will post 1.6421021 EPS for the current fiscal year.

GFL Environmental Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th were paid a $0.019 dividend. 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 currently -3.90%.

Analysts Set New Price Targets

Separately, BMO Capital Markets cut GFL Environmental from a “strong-buy” rating to a “hold” rating in a research note 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.