Desjardins Has Optimistic Outlook of TSE:ATD FY2026 Earnings

Alimentation Couche-Tard Inc. (TSE:ATD - Free Report) - Stock analysts at Desjardins increased their FY2026 earnings per share estimates for shares of Alimentation Couche-Tard in a report released on Wednesday, November 27th. Desjardins analyst C. Li now anticipates that the company will earn $4.59 per share for the year, up from their previous forecast of $4.57. The consensus estimate for Alimentation Couche-Tard's current full-year earnings is $4.04 per share.

Other equities research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. upped their target price on Alimentation Couche-Tard from C$83.00 to C$87.00 in a research report on Thursday, September 19th. National Bankshares upped their price objective on shares of Alimentation Couche-Tard from C$85.00 to C$87.00 in a report on Wednesday. BMO Capital Markets lifted their target price on shares of Alimentation Couche-Tard from C$85.00 to C$87.00 in a report on Wednesday. Canaccord Genuity Group boosted their target price on shares of Alimentation Couche-Tard from C$83.00 to C$85.00 in a research report on Wednesday, November 20th. Finally, CIBC raised their price target on Alimentation Couche-Tard from C$88.00 to C$89.00 in a research report on Wednesday. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Alimentation Couche-Tard currently has an average rating of "Moderate Buy" and a consensus target price of C$87.67.

Alimentation Couche-Tard Stock Up 0.4 %

Shares of TSE ATD traded up C$0.33 during mid-day trading on Thursday, reaching C$82.80. 707,198 shares of the company traded hands, compared to its average volume of 1,483,867. The company's fifty day moving average is C$75.49 and its two-hundred day moving average is C$77.78. The company has a debt-to-equity ratio of 102.11, a quick ratio of 0.88 and a current ratio of 1.00. Alimentation Couche-Tard has a fifty-two week low of C$71.31 and a fifty-two week high of C$87.27. The stock has a market cap of C$78.49 billion, a PE ratio of 21.40, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89.

Alimentation Couche-Tard (TSE:ATD - Get Free Report) last announced its quarterly earnings results on Wednesday, September 4th. The company reported C$1.13 EPS for the quarter, topping the consensus estimate of C$1.11 by C$0.02. The company had revenue of C$24.99 billion for the quarter, compared to analyst estimates of C$24.73 billion. Alimentation Couche-Tard had a net margin of 3.73% and a return on equity of 19.72%.

Alimentation Couche-Tard Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were given a $0.175 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.85%. Alimentation Couche-Tard's dividend payout ratio is currently 18.09%.

About Alimentation Couche-Tard

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.