GFL Environmental (GFL) Stock Forecast, Price Target & Predictions
GFL Stock Forecast
GFL Environmental stock forecast is as follows: an average price target of $48.67 (represents a 7.96% upside from GFL’s last price of $45.08) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
GFL Price Target
The average price target for GFL Environmental (GFL) is $48.67 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $42.00. This represents a potential 7.96% upside from GFL's last price of $45.08.
GFL Analyst Ratings
According to 9 Wall Street analysts, GFL Environmental's rating consensus is 'Buy'. The analyst rating breakdown for GFL stock is 0 'Strong Buy' (0.00%), 8 'Buy' (88.89%), 1 'Hold' (11.11%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
GFL Environmental Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 04, 2024 | Konark Gupta | Scotiabank | $50.00 | $39.75 | 25.79% | 10.91% |
| Aug 05, 2024 | Stephanie Moore | Jefferies | $54.00 | $39.09 | 38.14% | 19.79% |
| Jul 08, 2024 | Devin Dodge | BMO Capital | $42.00 | $39.35 | 6.73% | -6.83% |
| Jun 03, 2024 | Tobey Sommer | Truist Financial | $46.00 | $34.73 | 32.45% | 2.04% |
| May 03, 2024 | Devin Dodge | BMO Capital | $43.00 | $33.44 | 28.59% | -4.61% |
| Apr 08, 2024 | Walter Spracklin | RBC Capital | $46.00 | $34.35 | 33.92% | 2.04% |
| Oct 24, 2022 | Stephanie Moore | Jefferies | $41.00 | $26.05 | 57.39% | -9.05% |
| Sep 03, 2021 | Michael Feniger | Bank of America Securities | $36.50 | $36.15 | 0.97% | -19.03% |
The latest GFL Environmental stock forecast, released on Oct 04, 2024 by Konark Gupta from Scotiabank, set a price target of $50.00, which represents a 25.79% increase from the stock price at the time of the forecast ($39.75), and a 10.91% increase from GFL last price ($45.08).
GFL Environmental Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 6 |
| Avg Price Target | - | $50.00 | $46.83 |
| Last Closing Price | $45.08 | $45.08 | $45.08 |
| Upside/Downside | -100.00% | 10.91% | 3.88% |
In the current month, the average price target of GFL Environmental stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to GFL Environmental's last price of $45.08. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | National Bank | Outperform | Outperform | Hold |
| Oct 09, 2024 | Eight Capital | Buy | Initialise | |
| Aug 05, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 02, 2024 | CIBC | Outperform | Outperform | Hold |
| Aug 02, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 08, 2024 | BMO Capital | Outperform | Market Perform | Downgrade |
| Jun 04, 2024 | Jefferies | Buy | Buy | Hold |
| May 06, 2024 | Cowen & Co. | Buy | Buy | Hold |
| May 03, 2024 | CIBC | Outperform | Outperform | Hold |
| May 03, 2024 | National Bank | Outperform | Outperform | Hold |
| May 03, 2024 | Scotiabank | Outperform | Outperform | Hold |
| May 03, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Apr 08, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 24, 2022 | Jefferies | Buy | Initialise | |
| Oct 21, 2022 | Bank of America Securities | Buy | Upgrade |
GFL Environmental's last stock rating was published by National Bank on Oct 21, 2024. The company gave GFL a "Outperform" rating, the same as its previous rate.
GFL Environmental Financial Forecast
GFL Environmental Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.80B | $1.82B | $1.83B | $1.71B | $1.40B | $1.54B | $1.49B |
| Avg Forecast | $4.80B | $4.56B | $4.33B | $4.12B | $2.26B | $2.32B | $2.32B | $2.07B | $2.13B | $2.16B | $2.18B | $1.94B | $1.99B | $2.03B | $2.05B | $1.81B | $1.86B | $2.05B | $2.06B | $1.78B | $1.85B | $1.87B | $1.96B | $1.68B | $1.73B | $1.69B | $1.56B | $1.32B | $1.45B | $1.39B |
| High Forecast | $4.93B | $4.68B | $4.45B | $4.23B | $2.32B | $2.38B | $2.38B | $2.13B | $2.18B | $2.22B | $2.24B | $1.99B | $2.04B | $2.09B | $2.10B | $1.84B | $1.90B | $2.11B | $2.11B | $1.83B | $1.88B | $1.88B | $2.02B | $1.72B | $1.78B | $1.69B | $1.56B | $1.32B | $1.45B | $1.39B |
| Low Forecast | $4.71B | $4.47B | $4.25B | $4.04B | $2.21B | $2.28B | $2.28B | $2.03B | $2.09B | $2.12B | $2.14B | $1.90B | $1.95B | $1.99B | $2.01B | $1.79B | $1.85B | $2.01B | $2.02B | $1.75B | $1.80B | $1.83B | $1.93B | $1.64B | $1.70B | $1.69B | $1.56B | $1.32B | $1.45B | $1.39B |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 10 | 5 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.05% | 1.08% | 1.10% | 1.06% | 1.07% | 1.07% |
GFL Environmental's average Quarter revenue forecast for Jun 23 based on 10 analysts is $1.96B, with a low forecast of $1.93B, and a high forecast of $2.02B. GFL's average Quarter revenue forecast represents a 9.19% increase compared to the company's last Quarter revenue of $1.80B (Mar 23).
GFL Environmental EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 10 | 5 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $387.60M | $406.80M | $431.90M | $426.90M | $315.60M | $343.60M | $365.30M |
| Avg Forecast | $966.65M | $918.56M | $872.86M | $829.44M | $454.92M | $467.45M | $467.75M | $417.16M | $428.47M | $436.20M | $439.40M | $391.27M | $400.71M | $409.43M | $412.36M | $365.15M | $374.57M | $413.17M | $414.56M | $372.31M | $372.95M | $376.11M | $395.86M | $293.34M | $349.56M | $389.20M | $638.25M | $303.33M | $332.17M | $320.33M |
| High Forecast | $992.78M | $943.39M | $896.46M | $851.86M | $467.22M | $480.09M | $480.40M | $428.44M | $440.06M | $448.00M | $451.28M | $401.85M | $411.54M | $420.50M | $423.51M | $370.41M | $382.48M | $424.34M | $425.77M | $446.77M | $378.40M | $378.67M | $406.56M | $352.01M | $359.01M | $389.20M | $765.90M | $303.33M | $332.17M | $320.33M |
| Low Forecast | $948.26M | $901.09M | $856.26M | $813.66M | $446.27M | $458.56M | $458.86M | $409.23M | $420.32M | $427.91M | $431.04M | $383.83M | $393.09M | $401.64M | $404.52M | $359.90M | $371.93M | $405.31M | $406.68M | $297.85M | $362.07M | $368.80M | $388.33M | $234.67M | $342.91M | $389.20M | $510.60M | $303.33M | $332.17M | $320.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.32% | 1.16% | 1.11% | 0.67% | 1.04% | 1.03% | 1.14% |
10 analysts predict GFL's average Quarter EBITDA for Jun 23 to be $395.86M, with a high of $406.56M and a low of $388.33M. This is 2.13% upper than GFL Environmental's previous annual EBITDA (Mar 23) of $387.60M.
GFL Environmental Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 10 | 5 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-217.80M | $-219.10M | $-183.70M | $64.30M | $137.00M | $-77.40M | $-245.20M |
| Avg Forecast | $227.33M | $232.18M | $227.11M | $198.05M | $207.08M | $210.81M | $201.41M | $167.68M | $186.43M | $214.13M | $194.36M | $108.98M | $139.52M | $165.09M | $144.36M | $60.73M | $77.23M | $135.89M | $119.31M | $-1.11B | $86.13M | $112.32M | $97.24M | $-870.79M | $-726.35M | $75.81M | $82.79M | $20.37M | $51.78M | $66.79M |
| High Forecast | $235.32M | $240.34M | $235.10M | $205.01M | $214.36M | $218.22M | $208.49M | $173.57M | $192.98M | $221.66M | $201.20M | $112.81M | $144.43M | $170.90M | $149.44M | $86.04M | $124.75M | $136.29M | $119.99M | $-884.16M | $143.56M | $153.17M | $100.65M | $-696.63M | $-581.08M | $75.81M | $99.35M | $20.37M | $51.78M | $66.79M |
| Low Forecast | $221.71M | $226.43M | $221.50M | $193.15M | $201.96M | $205.60M | $196.43M | $163.53M | $181.82M | $208.84M | $189.56M | $106.29M | $136.08M | $161.01M | $140.79M | $40.49M | $-5.94M | $135.49M | $118.64M | $-1.33B | $57.42M | $66.37M | $94.83M | $-1.04B | $-871.62M | $75.81M | $66.23M | $20.37M | $51.78M | $66.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.25% | 0.30% | -2.42% | 0.78% | 6.72% | -1.49% | -3.67% |
GFL Environmental's average Quarter net income forecast for Sep 22 is $75.81M, with a range of $75.81M to $75.81M. GFL's average Quarter net income forecast represents a 17.90% increase compared to the company's last Quarter net income of $64.30M (Jun 22).
GFL Environmental SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 10 | 5 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $214.50M | $201.80M | $187.50M | $178.40M | $162.70M | $169.90M | $152.30M |
| Avg Forecast | $550.61M | $523.22M | $497.19M | $472.46M | $259.13M | $266.27M | $266.44M | $237.62M | $244.06M | $248.47M | $250.28M | $222.87M | $228.25M | $233.22M | $234.88M | $208.00M | $213.36M | $235.35M | $236.14M | $650.80M | $212.44M | $214.24M | $225.49M | $512.77M | $768.41M | $193.03M | $229.70M | $150.44M | $164.74M | $158.87M |
| High Forecast | $565.50M | $537.37M | $510.63M | $485.23M | $266.13M | $273.47M | $273.64M | $244.05M | $250.66M | $255.18M | $257.05M | $228.90M | $234.42M | $239.52M | $241.24M | $210.99M | $217.87M | $241.71M | $242.52M | $780.97M | $215.54M | $215.69M | $231.58M | $615.33M | $922.09M | $193.03M | $275.64M | $150.44M | $164.74M | $158.87M |
| Low Forecast | $540.14M | $513.27M | $487.74M | $463.47M | $254.20M | $261.20M | $261.37M | $233.10M | $239.42M | $243.74M | $245.53M | $218.63M | $223.91M | $228.78M | $230.42M | $205.00M | $211.86M | $230.87M | $231.65M | $520.64M | $206.24M | $210.07M | $221.20M | $410.22M | $614.73M | $193.03M | $183.76M | $150.44M | $164.74M | $158.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.42% | 0.26% | 0.97% | 0.78% | 1.08% | 1.03% | 0.96% |
GFL Environmental's average Quarter SG&A projection for Jun 23 is $225.49M, based on 10 Wall Street analysts, with a range of $221.20M to $231.58M. The forecast indicates a 5.12% rise compared to GFL last annual SG&A of $214.50M (Mar 23).
GFL Environmental EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 10 | 5 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.59 | $-0.59 | $-0.50 | $0.12 | $0.38 | $-0.21 | $-0.68 |
| Avg Forecast | $0.59 | $0.60 | $0.59 | $0.51 | $0.54 | $0.55 | $0.52 | $0.44 | $0.48 | $0.56 | $0.50 | $0.28 | $0.36 | $0.43 | $0.37 | $0.16 | $0.20 | $0.35 | $0.31 | $-0.04 | $0.22 | $0.29 | $0.25 | $-0.04 | $0.09 | $0.20 | $0.18 | $0.05 | $0.14 | $0.18 |
| High Forecast | $0.61 | $0.62 | $0.61 | $0.53 | $0.56 | $0.57 | $0.54 | $0.45 | $0.50 | $0.58 | $0.52 | $0.29 | $0.37 | $0.44 | $0.39 | $0.22 | $0.32 | $0.35 | $0.31 | $-0.04 | $0.37 | $0.40 | $0.26 | $-0.04 | $0.09 | $0.20 | $0.18 | $0.05 | $0.14 | $0.18 |
| Low Forecast | $0.58 | $0.59 | $0.57 | $0.50 | $0.52 | $0.53 | $0.51 | $0.42 | $0.47 | $0.54 | $0.49 | $0.28 | $0.35 | $0.42 | $0.37 | $0.11 | $-0.02 | $0.35 | $0.31 | $-0.04 | $0.15 | $0.17 | $0.25 | $-0.04 | $0.08 | $0.20 | $0.18 | $0.05 | $0.14 | $0.18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.34% | -6.81% | -2.48% | 0.65% | 7.02% | -1.53% | -3.83% |
According to 5 Wall Street analysts, GFL Environmental's projected average Quarter EPS for Sep 22 is $0.20, with a low estimate of $0.20 and a high estimate of $0.20. This represents a 67.75% increase compared to GFL previous annual EPS of $0.12 (Jun 22).
GFL Environmental Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MEG | Montrose Environmental Group | $17.51 | $43.00 | 145.57% | Buy |
| CLH | Clean Harbors | $239.54 | $271.50 | 13.34% | Buy |
| CWST | Casella Waste Systems | $106.50 | $119.25 | 11.97% | Buy |
| RSG | Republic Services | $205.62 | $227.50 | 10.64% | Buy |
| GFL | GFL Environmental | $44.56 | $48.67 | 9.22% | Buy |
| WCN | Waste Connections | $176.26 | $192.50 | 9.21% | Buy |
| WM | Waste Management | $209.00 | $227.33 | 8.77% | Buy |