Parkland FY2025 EPS Estimate Reduced by Atb Cap Markets

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

A number of other equities research analysts have also recently issued reports on the stock. Raymond James dropped their price target on shares of Parkland from C$47.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Thursday. ATB Capital cut their target price on shares of Parkland from C$46.00 to C$45.00 and set an “outperform” rating for the company in a research note on Thursday. National Bankshares upped their price target on shares of Parkland from C$41.00 to C$42.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. Canaccord Genuity Group lowered their price objective on Parkland from C$45.00 to C$42.00 and set a “buy” rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. reduced their target price on Parkland from C$58.00 to C$55.00 and set an “overweight” rating for the company in a report on Tuesday, March 18th. Eleven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Parkland currently has an average rating of “Buy” and a consensus price target of C$46.85.

Parkland Stock Up 1.4 %

Shares of PKI opened at C$32.65 on Friday. 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 firm has a market cap of C$5.69 billion, a P/E ratio of 23.53, a PEG ratio of 11.79 and a beta of 1.33. The stock’s 50 day moving average is C$35.42 and its two-hundred day moving average is C$34.62. Parkland has a 12 month low of C$30.09 and a 12 month high of C$43.64.

Insiders Place Their Bets

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

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.