Analysts Issue Forecasts for Parkland Q1 Earnings

Parkland Co. (TSE:PKI) – Analysts at National Bank Financial issued their Q1 2025 EPS estimates for Parkland in a report released on Sunday, April 20th. National Bank Financial analyst V. Shreedhar expects that the company will post earnings of $0.30 per share 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 FY2025 earnings at $2.65 EPS.

Several other brokerages also recently issued reports on PKI. ATB Capital cut their target price on shares of Parkland from C$46.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Thursday, April 17th. CIBC lowered their price objective on shares of Parkland from C$50.00 to C$43.00 in a research report on Thursday, April 17th. Raymond James cut their target price on shares of Parkland from C$47.00 to C$45.00 and set an “outperform” rating for the company in a research report on Thursday, April 17th. TD Securities lowered their price target on shares of Parkland from C$52.00 to C$50.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, JPMorgan Chase & Co. cut their price objective 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 equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$46.62.

Parkland Price Performance

TSE PKI opened at C$33.22 on Wednesday. Parkland has a 1 year low of C$30.09 and a 1 year high of C$43.31. The stock’s 50-day moving average price is C$35.18 and its two-hundred day moving average price is C$34.59. 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 company has a market cap of C$5.79 billion, a PE ratio of 23.94, a PEG ratio of 11.79 and a beta of 1.33.

Insider Activity at Parkland

In other Parkland news, Senior Officer Darren Robert Smart sold 5,000 shares of the company’s stock in a transaction on 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 acquired 2,800 shares of the company’s stock in a transaction on Monday, March 10th. The shares were bought at an average price of C$35.50 per share, with a total value of C$99,388.24. 20.51% of the stock is currently owned by corporate 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.