GFL Environmental (GFL) Stock Forecast, Price Target & Predictions
GFL Stock Forecast
GFL Environmental stock forecast is as follows: an average price target of $44.90 (represents a 12.17% upside from GFL’s last price of $40.03) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
GFL Price Target
The average price target for GFL Environmental (GFL) is $44.90 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $36.50. This represents a potential 12.17% upside from GFL's last price of $40.03.
GFL Analyst Ratings
According to 8 Wall Street analysts, GFL Environmental's rating consensus is 'Buy'. The analyst rating breakdown for GFL stock is 0 'Strong Buy' (0.00%), 7 'Buy' (87.50%), 1 'Hold' (12.50%), 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 |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Stephanie Moore | Jefferies | $54.00 | $39.09 | 38.14% | 34.90% |
| Jul 08, 2024 | Devin Dodge | BMO Capital | $42.00 | $39.35 | 6.73% | 4.92% |
| Jun 03, 2024 | Tobey Sommer | Truist Financial | $46.00 | $34.73 | 32.45% | 14.91% |
| May 03, 2024 | Devin Dodge | BMO Capital | $43.00 | $33.44 | 28.59% | 7.42% |
| Apr 08, 2024 | Walter Spracklin | RBC Capital | $46.00 | $34.35 | 33.92% | 14.91% |
| Oct 24, 2022 | Stephanie Moore | Jefferies | $41.00 | $26.05 | 57.39% | 2.42% |
| Sep 03, 2021 | Michael Feniger | Bank of America Securities | $36.50 | $36.15 | 0.97% | -8.82% |
The latest GFL Environmental stock forecast, released on Aug 05, 2024 by Stephanie Moore from Jefferies, set a price target of $54.00, which represents a 38.14% increase from the stock price at the time of the forecast ($39.09), and a 34.90% increase from GFL last price ($40.03).
GFL Environmental Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 5 |
| Avg Price Target | - | $48.00 | $46.20 |
| Last Closing Price | $40.03 | $40.03 | $40.03 |
| Upside/Downside | -100.00% | 19.91% | 15.41% |
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 $40.03. 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 |
|---|---|---|---|---|
| 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 |
GFL Environmental's last stock rating was published by Jefferies on Aug 05, 2024. The company gave GFL a "Buy" 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 | $5.16B | $4.90B | $4.66B | $4.43B | $4.21B | $4.00B | $3.80B | $3.61B | $2.27B | $2.33B | $2.32B | $2.06B | $2.12B | $2.16B | $2.15B | $1.90B | $1.99B | $2.07B | $2.06B | $1.78B | $1.85B | $1.87B | $1.96B | $1.68B | $1.73B | $1.69B | $1.56B | $1.06B | $1.13B | $1.10B |
| High Forecast | $5.18B | $4.92B | $4.67B | $4.44B | $4.22B | $4.01B | $3.81B | $3.62B | $2.28B | $2.34B | $2.33B | $2.07B | $2.13B | $2.17B | $2.15B | $1.90B | $1.99B | $2.09B | $2.06B | $1.79B | $1.88B | $1.88B | $1.97B | $1.68B | $1.74B | $1.70B | $1.56B | $1.10B | $1.18B | $1.14B |
| Low Forecast | $5.11B | $4.86B | $4.62B | $4.39B | $4.17B | $3.96B | $3.76B | $3.58B | $2.25B | $2.31B | $2.30B | $2.04B | $2.10B | $2.14B | $2.13B | $1.88B | $1.97B | $2.05B | $2.04B | $1.77B | $1.80B | $1.83B | $1.95B | $1.66B | $1.72B | $1.68B | $1.56B | $1.04B | $1.11B | $1.08B |
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.05% | 1.08% | 1.10% | 1.33% | 1.36% | 1.35% |
GFL Environmental's average Quarter revenue forecast for Jun 23 based on 9 analysts is $1.96B, with a low forecast of $1.95B, and a high forecast of $1.97B. 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 | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $387.60M | $406.80M | $431.90M | $426.90M | $315.60M | $343.60M | $365.30M |
| Avg Forecast | $1.19B | $1.13B | $1.07B | $1.02B | $967.36M | $919.24M | $873.51M | $830.05M | $521.99M | $536.55M | $533.46M | $474.52M | $487.75M | $497.09M | $493.91M | $435.76M | $456.29M | $476.70M | $472.87M | $372.31M | $425.41M | $429.01M | $451.53M | $293.34M | $398.73M | $61.15M | $358.25M | $242.77M | $260.63M | $35.26M |
| High Forecast | $1.19B | $1.13B | $1.07B | $1.02B | $969.99M | $921.73M | $875.88M | $832.30M | $523.41M | $538.00M | $534.91M | $475.81M | $489.07M | $498.44M | $495.25M | $436.94M | $457.53M | $479.93M | $474.15M | $446.77M | $431.62M | $431.92M | $452.76M | $352.01M | $399.81M | $73.38M | $358.25M | $251.85M | $270.38M | $42.32M |
| Low Forecast | $1.18B | $1.12B | $1.06B | $1.01B | $958.11M | $910.44M | $865.15M | $822.11M | $517.00M | $531.41M | $528.36M | $469.98M | $483.08M | $492.34M | $489.18M | $431.59M | $451.92M | $472.14M | $468.34M | $297.85M | $412.99M | $420.66M | $447.21M | $234.67M | $394.91M | $48.92M | $358.25M | $238.48M | $256.03M | $28.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.32% | 1.02% | 7.06% | 1.19% | 1.30% | 1.32% | 10.36% |
9 analysts predict GFL's average Quarter EBITDA for Jun 23 to be $451.53M, with a high of $452.76M and a low of $447.21M. This is 16.49% 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 | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-217.80M | $-219.10M | $-183.70M | $64.30M | $137.00M | $-77.40M | $-245.20M |
| Avg Forecast | $244.33M | $246.33M | $244.59M | $207.59M | $222.43M | $221.06M | $216.62M | $183.54M | $204.52M | $242.48M | $206.96M | $122.41M | $154.95M | $184.40M | $149.35M | $68.59M | $95.98M | $134.65M | $116.61M | $-1.11B | $84.18M | $109.78M | $95.03M | $-870.79M | $32.61M | $-200.45M | $69.00M | $20.05M | $-578.16M | $-115.59M |
| High Forecast | $245.20M | $247.20M | $245.45M | $208.32M | $223.21M | $221.84M | $217.38M | $184.18M | $205.25M | $243.34M | $207.69M | $122.84M | $155.50M | $185.05M | $149.88M | $68.83M | $96.32M | $157.09M | $117.02M | $-884.16M | $140.31M | $149.70M | $95.37M | $-696.63M | $32.72M | $-160.36M | $69.00M | $21.03M | $-462.53M | $-92.48M |
| Low Forecast | $241.29M | $243.26M | $241.55M | $205.01M | $219.66M | $218.31M | $213.92M | $181.25M | $201.98M | $239.47M | $204.38M | $120.89M | $153.02M | $182.11M | $147.49M | $67.74M | $94.79M | $100.98M | $115.16M | $-1.33B | $56.12M | $64.87M | $93.85M | $-1.04B | $32.20M | $-240.54M | $69.00M | $19.59M | $-693.79M | $-138.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.25% | -6.72% | 0.92% | 0.93% | 6.83% | 0.13% | 2.12% |
GFL Environmental's average Quarter net income forecast for Sep 22 is $-200.45M, with a range of $-240.54M to $-160.36M. GFL's average Quarter net income forecast represents a -411.74% decrease 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 | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $214.50M | $201.80M | $187.50M | $178.40M | $162.70M | $169.90M | $152.30M |
| Avg Forecast | $588.42M | $559.14M | $531.33M | $504.89M | $479.78M | $455.91M | $433.23M | $411.67M | $258.89M | $266.11M | $264.58M | $235.34M | $241.90M | $246.54M | $244.96M | $216.12M | $226.30M | $236.43M | $234.52M | $650.80M | $210.99M | $212.77M | $223.94M | $512.77M | $197.75M | $124.51M | $177.68M | $120.40M | $611.64M | $71.80M |
| High Forecast | $590.01M | $560.66M | $532.77M | $506.26M | $481.08M | $457.14M | $434.40M | $412.79M | $259.59M | $266.83M | $265.30M | $235.98M | $242.56M | $247.21M | $245.62M | $216.71M | $226.92M | $238.02M | $235.16M | $780.97M | $214.07M | $214.22M | $224.55M | $615.33M | $198.29M | $149.41M | $177.68M | $124.91M | $733.97M | $86.16M |
| Low Forecast | $582.79M | $553.79M | $526.24M | $500.06M | $475.18M | $451.54M | $429.08M | $407.73M | $256.41M | $263.56M | $262.05M | $233.09M | $239.59M | $244.18M | $242.61M | $214.05M | $224.14M | $234.16M | $232.28M | $520.64M | $204.83M | $208.63M | $221.80M | $410.22M | $195.86M | $99.60M | $177.68M | $118.28M | $489.31M | $57.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.42% | 1.02% | 1.51% | 1.00% | 1.35% | 0.28% | 2.12% |
GFL Environmental's average Quarter SG&A projection for Jun 23 is $223.94M, based on 9 Wall Street analysts, with a range of $221.80M to $224.55M. The forecast indicates a 4.40% 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 | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.59 | $-0.59 | $-0.50 | $0.12 | $0.38 | $-0.21 | $-0.68 |
| Avg Forecast | $0.65 | $0.65 | $0.65 | $0.55 | $0.59 | $0.59 | $0.58 | $0.49 | $0.54 | $0.64 | $0.55 | $0.33 | $0.41 | $0.49 | $0.40 | $0.18 | $0.25 | $0.36 | $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 | $0.65 | $0.66 | $0.65 | $0.55 | $0.59 | $0.59 | $0.58 | $0.49 | $0.55 | $0.65 | $0.55 | $0.33 | $0.41 | $0.49 | $0.40 | $0.18 | $0.26 | $0.42 | $0.31 | $-0.04 | $0.37 | $0.40 | $0.25 | $-0.04 | $0.09 | $0.20 | $0.18 | $0.06 | $0.14 | $0.19 |
| Low Forecast | $0.64 | $0.65 | $0.64 | $0.54 | $0.58 | $0.58 | $0.57 | $0.48 | $0.54 | $0.64 | $0.54 | $0.32 | $0.41 | $0.48 | $0.39 | $0.18 | $0.25 | $0.27 | $0.31 | $-0.04 | $0.15 | $0.17 | $0.25 | $-0.04 | $0.09 | $0.20 | $0.18 | $0.05 | $0.13 | $0.17 |
| 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 | $29.16 | $52.50 | 80.04% | Buy |
| GFL | GFL Environmental | $40.03 | $44.90 | 12.17% | Buy |
| CWST | Casella Waste Systems | $108.06 | $112.00 | 3.65% | Strong Buy |
| SRCL | Stericycle | $61.71 | $56.33 | -8.72% | Hold |
| WM | Waste Management | $208.05 | $187.69 | -9.79% | Buy |
| WCN | Waste Connections | $185.68 | $165.13 | -11.07% | Buy |
| RSG | Republic Services | $205.79 | $180.50 | -12.29% | Buy |
| CLH | Clean Harbors | $243.97 | $197.13 | -19.20% | Buy |
GFL Forecast FAQ
Is GFL Environmental a good buy?
Yes, according to 8 Wall Street analysts, GFL Environmental (GFL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 87.50% of GFL's total ratings.
What is GFL's price target?
GFL Environmental (GFL) average price target is $44.9 with a range of $36.5 to $54, implying a 12.17% from its last price of $40.03. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will GFL Environmental stock go up soon?
According to Wall Street analysts' prediction for GFL stock, the company can go up by 12.17% (from the last price of $40.03 to the average price target of $44.9), up by 34.90% based on the highest stock price target, and down by -8.82% based on the lowest stock price target.
Can GFL Environmental stock reach $60?
GFL's average twelve months analyst stock price target of $44.9 does not support the claim that GFL Environmental can reach $60 in the near future.
What are GFL Environmental's analysts' financial forecasts?
GFL Environmental's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $15.62B (high $15.66B, low $15.47B), average EBITDA is $3.59B (high $3.6B, low $3.56B), average net income is $843.63M (high $846.61M, low $833.14M), average SG&A $1.78B (high $1.79B, low $1.76B), and average EPS is $2.24 (high $2.25, low $2.21). GFL's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $19.16B (high $19.21B, low $18.97B), average EBITDA is $4.4B (high $4.42B, low $4.36B), average net income is $942.84M (high $946.17M, low $931.11M), average SG&A $2.18B (high $2.19B, low $2.16B), and average EPS is $2.5 (high $2.51, low $2.47).
Did the GFL's actual financial results beat the analysts' financial forecasts?
Based on GFL Environmental's last annual report (Dec 2022), the company's revenue was $6.76B, beating the average analysts forecast of $6.04B by 11.89%. Apple's EBITDA was $1.61B, beating the average prediction of $1.06B by 52.08%. The company's net income was $-183M, beating the average estimation of $-78.796M by 132.50%. Apple's SG&A was $730.4M, beating the average forecast of $620.34M by 17.74%. Lastly, the company's EPS was $-0.51, missing the average prediction of $0.527 by -196.78%. In terms of the last quarterly report (Mar 2023), GFL Environmental's revenue was $1.8B, beating the average analysts' forecast of $1.68B by 7.29%. The company's EBITDA was $387.6M, beating the average prediction of $293.34M by 32.13%. GFL Environmental's net income was $-218M, missing the average estimation of $-871M by -74.99%. The company's SG&A was $214.5M, missing the average forecast of $512.77M by -58.17%. Lastly, the company's EPS was $-0.59, beating the average prediction of $-0.0411 by 1334.49%