Analysts Offer Predictions for Parkland Q4 Earnings

Parkland Co. (TSE:PKI - Free Report) - Stock analysts at National Bank Financial issued their Q4 2024 earnings estimates for Parkland in a report issued on Monday, January 27th. National Bank Financial analyst V. Shreedhar anticipates that the company will post earnings per share of $0.58 for the quarter. The consensus estimate for Parkland's current full-year earnings is $3.60 per share. National Bank Financial also issued estimates for Parkland's FY2026 earnings at $3.94 EPS.

PKI has been the topic of several other research reports. ATB Capital lowered their price objective on shares of Parkland from C$49.00 to C$46.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. CIBC lifted their price target on shares of Parkland from C$48.00 to C$49.00 in a report on Wednesday, November 27th. TD Securities decreased their price objective on Parkland from C$55.00 to C$53.00 and set a "buy" rating for the company in a report on Wednesday, October 16th. Canaccord Genuity Group cut their price target on Parkland from C$47.00 to C$45.00 and set a "buy" rating on the stock in a research note on Friday, November 1st. Finally, BMO Capital Markets dropped their target price on shares of Parkland from C$49.00 to C$46.00 in a research note on Tuesday, October 22nd. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of C$48.08.

Parkland Price Performance

TSE PKI traded down C$0.14 on Wednesday, hitting C$33.49. The stock had a trading volume of 375,081 shares, compared to its average volume of 479,777. The firm has a 50-day moving average of C$34.22 and a 200-day moving average of C$35.10. The company has a market capitalization of C$5.83 billion, a price-to-earnings ratio of 15.72, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33. The company has a debt-to-equity ratio of 206.76, a quick ratio of 0.73 and a current ratio of 1.33. Parkland has a 52-week low of C$31.68 and a 52-week high of C$47.99.

Parkland (TSE:PKI - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported C$0.60 earnings per share for the quarter, meeting the consensus estimate of C$0.60. Parkland had a return on equity of 12.26% and a net margin of 1.23%. During the same quarter last year, the business earned $1.28 earnings per share.

Insider Transactions at Parkland

In related news, Director Michael Christian Jennings purchased 4,000 shares of Parkland stock in a transaction dated Monday, November 4th. The shares were acquired at an average cost of C$32.02 per share, with a total value of C$128,060.00. Also, Director James Allan Neate bought 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average cost of C$33.29 per share, for a total transaction of C$166,450.00. Corporate insiders own 20.51% of the company's stock.

About Parkland

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company's Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.