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TSE:PKI

Parkland (PKI) Stock Price, News & Analysis

Parkland logo
C$33.68 -0.15 (-0.44%)
(As of 11/15/2024 08:56 PM ET)

About Parkland Stock (TSE:PKI)

Key Stats

Today's Range
C$33.37
C$34.08
50-Day Range
C$31.69
C$36.67
52-Week Range
C$31.68
C$47.99
Volume
320,536 shs
Average Volume
525,710 shs
Market Capitalization
C$5.86 billion
P/E Ratio
15.81
Dividend Yield
4.16%
Price Target
C$48.00
Consensus Rating
Buy

Company Overview

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. This segment sells its products under the M&M Food Market, On the Run / Marché Express, Ultramar, Esso, Chevron, Pioneer, Fas Gas Plus, Bluewave Energy, Pipeline Commercial, Columbia Fuels, and Sparlings Propane brand names. The international segment operates and services various retail service stations under the Sol, Esso, Mobil, Shell, and Texaco brand names; and owns the Sol Shop, a convenience store, as well as sells refined crude oil to commercial, industrial, and aviation businesses. The company's USA Segment delivers fuel, lubricants, and other related products to commercial and wholesale customers; operates a network of retail fuel and convenience stores under the On the Run, Arco, Cenex, Chevron, Conoco, Exxon, and other brands, as well as cardlocks under various brands; and operates terminals, storage facilities and trucks, contracts with pipeline, storage facilities, and third-party carriers to support its network. Its Refining segment refines fuel products, such as gasoline, diesel, and jet fuel; and co-processes bio-feedstocks and blends low-carbon-intensity fuels with gasoline and diesel to produce greener fuels. The company was formerly known as Parkland Fuel Corporation and changed its name to Parkland Corporation in May 2020. Parkland Corporation was founded in 1977 and is headquartered in Calgary, Canada.

Parkland Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
85th Percentile Overall Score

PKI MarketRank™: 

Parkland scored higher than 85% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Parkland has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Parkland has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Parkland's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Parkland is 15.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.61.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Parkland is 15.81, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 104.09.

  • Price to Earnings Growth Ratio

    Parkland has a PEG Ratio of 11.79. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Parkland has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Parkland's valuation and earnings.
  • Short Interest

    There is no current short interest data available for PKI.
  • Dividend Leadership

    Parkland is a leading dividend payer. It pays a dividend yield of 3.95%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Parkland does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Parkland is 65.73%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Parkland's dividend.
  • Short Interest

    There is no current short interest data available for PKI.
  • Search Interest

    4 people have searched for PKI on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Parkland to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Parkland insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$164,580.00 in company stock and sold C$0.00 in company stock.

  • Percentage Held by Insiders

    20.51% of the stock of Parkland is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 33.10% of the stock of Parkland is held by institutions.

  • Read more about Parkland's insider trading history.
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PKI Stock News Headlines

Analysts Set Parkland Co. (TSE:PKI) Target Price at C$47.38
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PKI Stock Analysis - Frequently Asked Questions

Parkland's stock was trading at C$42.71 at the beginning of the year. Since then, PKI stock has decreased by 21.1% and is now trading at C$33.68.
View the best growth stocks for 2024 here
.

Shares of PKI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Parkland investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), Toronto-Dominion Bank (TD), Enbridge (ENB), AutoCanada (ACQ) and AbbVie (ABBV).

Company Calendar

Ex-Dividend for 10/15 Dividend
9/19/2024
Dividend Payable
10/15/2024
Today
11/18/2024
Next Earnings (Estimated)
2/25/2025

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Refining & Marketing
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,019
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$48.00
High Stock Price Target
C$53.00
Low Stock Price Target
C$44.00
Potential Upside/Downside
+42.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
9 Analysts

Profitability

Net Income
C$381 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$30.92 billion
Cash Flow
C$2.10 per share
Book Value
C$18.02 per share

Miscellaneous

Free Float
N/A
Market Cap
C$5.86 billion
Optionable
Not Optionable
Beta
1.33
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This page (TSE:PKI) was last updated on 11/18/2024 by MarketBeat.com Staff
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