It is comparable to Waste Management but the valuations are rally high in that sector. There is not a huge amount of organic growth. It has made debt-fueled acquisitions. The valuation is too rich for him and the debt is too high. You have to get it at a much lower price.
He continues to own Waste Connections (WCN-T) and when this one IPO'ed there was no reason to switch. GFL-T had more debt and were growing quickly by acquisitions and levering up the balance sheet. He is unsure if they can grow at the same rate now that they are public. He would stick with others.
GFL Environmental Inc. is a Canadian stock, trading under the symbol GFL-T on the Toronto Stock Exchange (GFL-CT). It is usually referred to as TSX:GFL or GFL-T
In the last year, 3 stock analysts published opinions about GFL-T. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for GFL Environmental Inc..
GFL Environmental Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for GFL Environmental Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered GFL Environmental Inc. In the last year. It is a trending stock that is worth watching.
On 2023-06-02, GFL Environmental Inc. (GFL-T) stock closed at a price of $50.97.