GFL Environmental
About: GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation. GFL's geographical segments are Canada and the United States. The company derives the majority of its revenue from the United States.
Employees: 20,000
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
626% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $2.88M
39% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 31
36% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 77
33% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 8 (+2) [Q3]
5% more funds holding
Funds holding: 250 [Q2] → 262 (+12) [Q3]
4% more capital invested
Capital invested by funds: $10B [Q2] → $10.4B (+$363M) [Q3]
0.78% more ownership
Funds ownership: 73.26% [Q2] → 74.04% (+0.78%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
12%
upside
Avg. target
$51
15%
upside
High target
$54
21%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Raymond James Patrick Tyler Brown 49% 1-year accuracy 17 / 35 met price target | 12%upside $50 | Outperform Maintained | 8 Nov 2024 |
Truist Securities Tobey Sommer 39% 1-year accuracy 20 / 51 met price target | 21%upside $54 | Buy Maintained | 8 Nov 2024 |
Scotiabank Konark Gupta 50% 1-year accuracy 1 / 2 met price target | 14%upside $51 | Sector Outperform Maintained | 8 Nov 2024 |
UBS Jon Windham 22% 1-year accuracy 4 / 18 met price target | 12%upside $50 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
6 days ago
NBPE Announces November Monthly NAV
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS
Neutral
GlobeNewsWire
4 weeks ago
NBPE Announces October Monthly NAV Estimate
26 November 2024 NB Private Equity Partners (NBPE), the $1.3bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 October 2024 monthly NAV estimate. NAV Highlights (31 October 2024) NAV per share was $27.31 (£21.24), a total return of (0.2%) in the month Year to date NAV TR of 0.7% 0.7% uplift from Q3 2024 private company valuations relative to Q2 2024, based on valuation information received to date (~72% of fair value); additional Q3 2024 valuations expected in the coming weeks $103 million invested in new and follow on investments year to date, including $30 million investment in Mariner Wealth Advisors which funded in November ZDPs fully repaid on 30 October 2024, further simplifying NBPE's capital structure $299 million of available liquidity at 31 October 20242 As of 31 October 2024 YTD 1 Year 3 years 5 years 10 years NAV TR (USD)* Annualised 0.7% 4.4% (0.9%) (0.3%) 70.2% 11.2% 172.2% 10.5% MSCI World TR (USD)* Annualised 16.9% 34.3% 22.1% 6.9% 80.7% 12.6% 168.0% 10.4% Share price TR (GBP)* Annualised (2.5%) 3.6% 4.3% 1.4% 73.0% 11.6% 234.3% 12.8% FTSE All-Share TR (GBP)* Annualised 8.1% 16.3% 19.7% 6.2% 31.9% 5.7% 81.9% 6.2% * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown.
Positive
Seeking Alpha
1 month ago
GFL Environmental: EBITDA Growth Should Accelerate From Here
I recommend a buy rating for GFL Environmental due to expected accelerated EBITDA growth and positive valuation revisions as leverage decreases. The sale of the Environmental Services business is a positive catalyst, expected to provide CAD6 billion post-tax, aiding in debt reduction and share buybacks. Risks include potential headwinds from commodity cost fluctuations, but overall, GFL's EBITDA growth and deleveraging efforts should align its valuation with peers.
Neutral
Seeking Alpha
1 month ago
GFL Environmental Inc. (GFL) Q3 2024 Earnings Call Transcript
GFL Environmental Inc. (NYSE:GFL ) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Patrick Dovigi - Founder and CEO Luke Pelosi - Chief Financial Officer Conference Call Participants Saba Khan - RBC Capital Markets Patrick Brown - Raymond James Kevin Chiang - CIBC Jerry Revich - Goldman Sachs Devin Dodge - BMO Capital Market Konark Gupta - Scotiabank Bank James Schumm - TD Cowen Stephanie Yee - JPMorgan Brian Butler - Stifel Tobey Sommer - Truist Buddy Wiseman-Barker - National Bank of Canada Operator Good morning, and thank you all for attending the GFL Third Quarter 2024 Earnings Call. My name is Breeca, and I will be your moderator for today.
Positive
Zacks Investment Research
1 month ago
GFL Environmental Inc. (GFL) Tops Q3 Earnings Estimates
GFL Environmental Inc. (GFL) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.24 per share a year ago.
Neutral
PRNewsWire
1 month ago
GFL Environmental Reports Third Quarter 2024 Results
Adjusted EBITDA margin1 of 31.1%, highest in Company's history and an increase of 300 basis points over prior year Net Leverage1 of 4.05x , lowest in Company's history Environmental Services sale process remains on track with expected net proceeds of at least $6 billion Solid Waste price of 6.0% excluding the impact of divestitures ( 5.8% including the impact of divestitures), ahead of expectations Solid Waste volumed improved sequentially by 90 basis points, ahead of expectations Adjusted EBITDA1 of $625.9 million, increase of 18.0%; Adjusted Net Income1 of $126.1 million; Net income of $110.6 million Adjusted Cash Flows from Operating Activities1 of $377.6 million; cash flows from operating activities of $347.1 million; Adjusted Free Cash Flow1 of $225.4 million Year-to-date completed acquisitions generating approximately $115 million in annualized revenue VAUGHAN, ON , Nov. 6, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL", "we" or "our") today announced its results for the third quarter of 2024. "Once again, the dedication of our over 20,000 employees delivered consistent high-quality results across all our financial metrics," said Patrick Dovigi, Founder and Chief Executive Officer of GFL.
Negative
Zacks Investment Research
1 month ago
Analysts Estimate GFL Environmental Inc. (GFL) to Report a Decline in Earnings: What to Look Out for
GFL Environmental (GFL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
2 months ago
NBPE Announces September Monthly NAV Estimate
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS
Neutral
PRNewsWire
2 months ago
GFL Environmental Inc. Sets Date for Q3 2024 Earnings Release
VAUGHAN, ON , Oct. 9, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it will release its 2024 third quarter financial results after the market closes on Wednesday November 6, 2024 and will host an investor conference call related to this release on Thursday November 7, 2024 at 8:30 am Eastern Time. A live audio webcast of the conference call can be accessed by logging onto the Company's Investors page at investors.gflenv.com or by clicking here or listeners may access the call toll-free by dialing 1-833-950-0062 in Canada or 1-833-470-1428 in the United States (access code: 836126) approximately 15 minutes prior to the scheduled start time.
Neutral
PRNewsWire
2 months ago
GFL Environmental and OPAL Fuels Begin Commercial Operations of Their Second RNG Facility
WHITE PLAINS, N.Y., Oct. 7, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL") and OPAL Fuels Inc. (Nasdaq: OPAL) today announced their joint venture, Paragon RNG has commenced commercial operations of their new renewable natural gas ("RNG") facility at the Sampson County Landfill.
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