FY2026 EPS Forecast for Parkit Enterprise Reduced by Analyst

Parkit Enterprise Inc. (CVE:PKT) – Research analysts at Cormark dropped their FY2026 earnings estimates for shares of Parkit Enterprise in a research report issued on Friday, May 16th. Cormark analyst S. Srinivas now anticipates that the company will post earnings of $0.03 per share for the year, down from their prior estimate of $0.04. The consensus estimate for Parkit Enterprise’s current full-year earnings is $0.03 per share.

Parkit Enterprise Stock Down 3.4%

Shares of CVE PKT opened at C$0.43 on Monday. The company has a market capitalization of C$93.02 million, a P/E ratio of -28.44 and a beta of 1.97. Parkit Enterprise has a 52-week low of C$0.33 and a 52-week high of C$0.76. The company has a debt-to-equity ratio of 48.28, a quick ratio of 5.35 and a current ratio of 6.17. The company’s 50 day moving average price is C$0.40 and its 200-day moving average price is C$0.51.

Insider Transactions at Parkit Enterprise

In other news, insider Parkit Enterprise Inc. purchased 500,000 shares of the company’s stock in a transaction dated Monday, March 31st. The shares were purchased at an average price of C$0.41 per share, for a total transaction of C$205,000.00. Corporate insiders own 39.47% of the company’s stock.

About Parkit Enterprise

Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States.