Analysts Issue Forecasts for Parkland FY2025 Earnings

Parkland Co. (TSE:PKI) – National Bank Financial raised their FY2025 earnings per share (EPS) estimates for shares of Parkland in a research note issued on Tuesday, May 6th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $2.75 per share for the year, up from their previous estimate of $2.65. The consensus estimate for Parkland’s current full-year earnings is $3.60 per share. National Bank Financial also issued estimates for Parkland’s FY2026 earnings at $3.71 EPS and FY2027 earnings at $4.74 EPS.

Other equities analysts have also recently issued research reports about the company. JPMorgan Chase & Co. cut their price objective on Parkland from C$58.00 to C$55.00 and set an “overweight” rating on the stock in a report on Tuesday, March 18th. Canaccord Genuity Group lowered their price objective on shares of Parkland from C$45.00 to C$42.00 and set a “buy” rating on the stock in a research note on Thursday, April 17th. Raymond James dropped their price objective on shares of Parkland from C$47.00 to C$45.00 and set an “outperform” rating on the stock in a research report on Thursday, April 17th. TD Securities cut Parkland from a “buy” rating to a “sell” rating and dropped their price target for the stock from C$50.00 to C$44.00 in a report on Tuesday. Finally, ATB Capital decreased 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 report on Thursday, April 17th. One research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Parkland currently has a consensus rating of “Moderate Buy” and a consensus price target of C$45.54.

Parkland Stock Performance

TSE:PKI opened at C$38.77 on Friday. The business’s 50-day moving average price is C$34.99 and its two-hundred day moving average price is C$34.65. Parkland has a 1-year low of C$30.09 and a 1-year high of C$40.50. The firm has a market capitalization of C$6.76 billion, a price-to-earnings ratio of 27.94, a PEG ratio of 11.79 and a beta of 1.33. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 199.87.

Insider Transactions at Parkland

In related news, Director Nora Duke bought 2,800 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were acquired at an average cost of C$35.50 per share, with a total value of C$99,388.24. Also, Senior Officer Darren Robert Smart sold 5,000 shares of the company’s stock in a transaction that occurred 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. 20.51% of the stock is owned by company insiders.

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.