OTCMKTS:ANCTF FY2025 EPS Forecast Boosted by Desjardins

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) – Equities research analysts at Desjardins upped their FY2025 earnings per share estimates for Alimentation Couche-Tard in a report released on Wednesday, March 19th. Desjardins analyst C. Li now expects that the company will post earnings of $2.77 per share for the year, up from their prior estimate of $2.75. Desjardins has a “Moderate Buy” rating on the stock.

A number of other research analysts have also recently issued reports on ANCTF. UBS Group raised Alimentation Couche-Tard to a “strong-buy” rating in a report on Friday, December 13th. National Bank Financial raised shares of Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a report on Monday, February 17th. Veritas raised shares of Alimentation Couche-Tard to a “strong-buy” rating in a research note on Thursday, March 20th. Finally, Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Tuesday, March 4th. One analyst has rated the stock with a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Strong Buy”.

Alimentation Couche-Tard Stock Performance

Alimentation Couche-Tard stock opened at $49.33 on Monday. The business has a 50 day simple moving average of $50.73 and a 200 day simple moving average of $53.63. Alimentation Couche-Tard has a one year low of $45.61 and a one year high of $61.86.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.