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GFL Environmental ( (TSE:GFL) ) has shared an announcement.
GFL Environmental has agreed to acquire SECURE Waste Infrastructure in a $6.4 billion transaction, paying $24.75 per share through 80% stock and 20% cash, a 23% premium to SECURE’s recent trading average. The deal, fully financed and leverage-neutral, will give SECURE shareholders an immediate value uplift and a 16% stake in the combined company, while materially expanding GFL’s Western Canadian footprint.
The acquisition adds SECURE’s extensive network of more than 80 locations, including landfills, treatment and recycling facilities and injection wells, significantly densifying GFL’s infrastructure and service offering in the region. GFL expects the combination to be immediately accretive, boosting adjusted free cash flow per share by up to 15%, lifting margins and cash conversion, and enhancing its scale, capital deployment capacity and potential for broader equity index inclusion.
The most recent analyst rating on (TSE:GFL) stock is a Hold with a C$49.00 price target. To see the full list of analyst forecasts on GFL Environmental stock, see the TSE:GFL Stock Forecast page.
Spark’s Take on GFL Stock
According to Spark, TipRanks’ AI Analyst, GFL is a Neutral.
The score is driven by solid underlying cash generation and a favorable valuation (low P/E and high dividend yield), supported by a positive earnings-call backdrop with raised guidance and record margins. These are tempered by high leverage and mixed earnings quality/recent revenue decline, plus weak technical trend signals (below key moving averages with negative MACD).
To see Spark’s full report on GFL stock, click here.
More about GFL Environmental
GFL Environmental Inc. is a North American waste management company providing collection, treatment, recycling and disposal services across multiple waste streams. SECURE Waste Infrastructure operates a large-scale, vertically integrated waste management platform in Western Canada and North Dakota, with landfills, treatment and recycling facilities, injection wells and transfer stations serving industrial and commercial customers.
YTD Price Performance: 1.16%
Average Trading Volume: 410,139
Technical Sentiment Signal: Hold
Current Market Cap: C$21.34B
See more insights into GFL stock on TipRanks’ Stock Analysis page.