FY2025 EPS Estimates for Parkland Lifted by Analyst

Parkland Co. (TSE:PKI) – Analysts at Raymond James Financial lifted their FY2025 earnings per share (EPS) estimates for Parkland in a note issued to investors on Monday, August 11th. Raymond James Financial analyst S. Hansen now expects that the company will earn $2.99 per share for the year, up from their previous estimate of $2.80. Raymond James Financial currently has a “Outperform” rating and a $44.00 target price on the stock. The consensus estimate for Parkland’s current full-year earnings is $3.60 per share.

PKI has been the subject of a number of other reports. CIBC lowered Parkland from an “outperform” rating to a “tender” rating and set a C$44.00 target price for the company. in a research note on Monday, June 9th. ATB Capital cut their target price on Parkland from C$46.00 to C$45.00 and set an “outperform” rating for the company in a research note on Thursday, April 17th. BMO Capital Markets lowered Parkland from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 2nd. National Bankshares increased their price objective on Parkland from C$41.00 to C$42.00 and gave the stock a “tender” rating in a research note on Wednesday, August 6th. Finally, TD Securities lowered Parkland from a “buy” rating to a “sell” rating and dropped their price objective for the stock from C$50.00 to C$44.00 in a research note on Tuesday, May 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of C$43.73.

Parkland Stock Performance

Shares of TSE PKI opened at C$38.63 on Thursday. The business has a fifty day simple moving average of C$38.40 and a 200 day simple moving average of C$36.80. 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 capitalization of C$6.74 billion, a price-to-earnings ratio of 27.84, a PEG ratio of 11.79 and a beta of 1.33. Parkland has a one year low of C$30.09 and a one year high of C$40.29.

Parkland Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 20th were paid a $0.36 dividend. This is a positive change from Parkland’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.7%. Parkland’s dividend payout ratio (DPR) is 100.88%.

Parkland Company Profile

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.