Parkit Enterprise Inc. (CVE:PKT - Free Report) - Equities researchers at Cormark lifted their FY2025 EPS estimates for Parkit Enterprise in a research report issued on Tuesday, November 19th. Cormark analyst S. Srinivas now forecasts that the company will post earnings of $0.04 per share for the year, up from their prior forecast of $0.03. The consensus estimate for Parkit Enterprise's current full-year earnings is $0.03 per share. Cormark also issued estimates for Parkit Enterprise's Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.01 EPS and FY2026 earnings at $0.04 EPS.
Other equities analysts have also issued research reports about the company. Scotiabank lowered their price target on Parkit Enterprise from C$0.75 to C$0.60 and set a "sector perform" rating on the stock in a report on Wednesday, August 14th. Raymond James lowered shares of Parkit Enterprise from a "moderate buy" rating to a "hold" rating in a research report on Sunday, August 11th.
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Parkit Enterprise Stock Performance
Shares of Parkit Enterprise stock opened at C$0.66 on Thursday. The company has a debt-to-equity ratio of 116.60, a current ratio of 2.95 and a quick ratio of 5.35. The stock has a market capitalization of C$147.46 million, a price-to-earnings ratio of -33.00 and a beta of 1.97. Parkit Enterprise has a 12 month low of C$0.47 and a 12 month high of C$0.83. The firm's fifty day simple moving average is C$0.66 and its 200-day simple moving average is C$0.59.
Insider Buying and Selling at Parkit Enterprise
In other news, Director Robert Blair Tamblyn sold 60,000 shares of the firm's stock in a transaction on Friday, October 11th. The stock was sold at an average price of C$0.67, for a total value of C$40,200.00. Also, Director Bradley Roy Dunkley bought 1,000,000 shares of the company's stock in a transaction on Tuesday, October 1st. The shares were acquired at an average price of C$0.70 per share, with a total value of C$699,800.00. Over the last quarter, insiders acquired 1,036,000 shares of company stock valued at $723,080. 39.47% of the stock is owned by company insiders.
About Parkit Enterprise
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Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States.
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