FY2025 EPS Estimates for Parkland Reduced by Atb Cap Markets

Parkland Co. (TSE:PKI - Free Report) - Stock analysts at Atb Cap Markets dropped their FY2025 earnings per share (EPS) estimates for Parkland in a research report issued on Wednesday, April 16th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings of $2.76 per share for the year, down from their previous estimate of $2.88. The consensus estimate for Parkland's current full-year earnings is $3.60 per share.

Other equities analysts also recently issued reports about the company. CIBC reduced their price target on Parkland from C$50.00 to C$43.00 in a report on Thursday, April 17th. ATB Capital cut their price target on Parkland from C$46.00 to C$45.00 and set an "outperform" rating for the company in a research note on Thursday, April 17th. JPMorgan Chase & Co. cut their target price on Parkland from C$58.00 to C$55.00 and set an "overweight" rating for the company in a research report on Tuesday, March 18th. National Bankshares raised their target price on shares of Parkland from C$41.00 to C$42.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. Finally, Canaccord Genuity Group dropped their price target on Parkland from C$45.00 to C$42.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Eleven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Parkland has a consensus rating of "Buy" and an average target price of C$46.62.

Parkland Price Performance

Shares of TSE:PKI traded up C$1.19 during trading on Friday, reaching C$34.41. The company had a trading volume of 163,442 shares, compared to its average volume of 911,778. Parkland has a 12 month low of C$30.09 and a 12 month high of C$43.31. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 199.87. The stock has a market capitalization of C$6.00 billion, a P/E ratio of 24.79, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33. The company has a fifty day moving average of C$35.18 and a two-hundred day moving average of C$34.59.

Insider Activity

In other Parkland news, Senior Officer Darren Robert Smart sold 5,000 shares of Parkland stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$36.76, for a total value of C$183,800.00. Also, Director Nora Duke acquired 2,800 shares of the stock in a transaction dated Monday, March 10th. The stock was acquired at an average cost of C$35.50 per share, with a total value of C$99,388.24. Insiders own 20.51% of the company's stock.

About Parkland

Parkland Corp distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated.