Analyst James Schumm of TD Cowen maintained a Buy rating on GFL Environmental, retaining the price target of $64.00.
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James Schumm has given his Buy rating due to a combination of factors that suggest a positive outlook for GFL Environmental. The company’s recent acceleration in mergers and acquisitions is expected to boost revenue estimates for 2026, providing a potential upside. Furthermore, GFL has significant opportunities to enhance its profit margins through self-help initiatives, which could increase EBITDA substantially above the current levels.
Additionally, the sale of its Environmental Services business has alleviated concerns about net leverage and enabled the company to repurchase shares, reducing the influence of large shareholders. This strategic move, combined with the focus on optimizing operations within its existing footprint, positions GFL favorably compared to its peers. These factors contribute to the belief that GFL’s stock is undervalued, warranting a Buy rating.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GFL in relation to earlier this year.