Analysts Set Expectations for Parkland Q4 Earnings

Parkland Co. (TSE:PKI) – Equities research analysts at National Bank Financial issued their Q4 2024 EPS estimates for Parkland in a research note issued to investors on Monday, January 27th. National Bank Financial analyst V. Shreedhar anticipates that the company will post earnings per share of $0.58 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 FY2026 earnings at $3.94 EPS.

Parkland (TSE:PKI) last released its quarterly earnings results on Wednesday, October 30th. The company reported C$0.60 earnings per share for the quarter, meeting the consensus estimate of C$0.60. Parkland had a return on equity of 12.26% and a net margin of 1.23%. During the same quarter in the previous year, the business posted $1.28 EPS.

Several other equities research analysts have also commented on the stock. National Bankshares reduced their price target on shares of Parkland from C$47.00 to C$45.00 and set a “buy” rating for the company in a research report on Friday, November 1st. TD Securities decreased their price target on shares of Parkland from C$55.00 to C$53.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. CIBC boosted their price objective on shares of Parkland from C$48.00 to C$49.00 in a research report on Wednesday, November 27th. Raymond James decreased their target price on Parkland from C$55.00 to C$47.00 in a report on Friday, October 25th. Finally, Desjardins cut their price target on Parkland from C$46.00 to C$44.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$48.08.

Parkland Stock Down 2.0 %

Parkland stock opened at C$33.63 on Wednesday. Parkland has a one year low of C$31.68 and a one year high of C$47.99. The stock has a fifty day moving average of C$34.23 and a 200 day moving average of C$35.13. The company has a debt-to-equity ratio of 206.76, a quick ratio of 0.73 and a current ratio of 1.33. The stock has a market cap of C$5.86 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33.

Insider Buying and Selling at Parkland

In related news, Director James Allan Neate bought 5,000 shares of the stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average price of C$33.29 per share, with a total value of C$166,450.00. Also, Director Michael Christian Jennings bought 4,000 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were bought at an average cost of C$32.02 per share, with a total value of C$128,060.00. Insiders own 20.51% of the company’s stock.

About Parkland

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company’s Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.