Alimentation Couche-Tard Inc. (TSE:ATD) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• "Moderate Buy" consensus from 12 analysts (10 Buys, 2 Holds) with an average 12‑month price target of C$92.42, and several brokers (RBC, TD) recently lifted targets to C$100.
• Shares opened at C$76.43 (1‑year range C$66.93–C$85.59) with a market cap of C$70.18B and a P/E of 26.45; sell‑side analysts forecast roughly C$4.04 EPS for the fiscal year.
• Last quarter EPS was C$1.10 on C$29.74B revenue, and the company pays a quarterly dividend of C$0.215 (annualized yield ~1.1% and payout ratio ~19.8%).

Shares of Alimentation Couche-Tard Inc. (TSE:ATD - Get Free Report) have been given an average recommendation of "Moderate Buy" by the twelve research firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$92.42.

Several brokerages recently issued reports on ATD. Royal Bank Of Canada increased their price objective on Alimentation Couche-Tard from C$91.00 to C$100.00 and gave the stock an "outperform" rating in a report on Thursday, February 12th. TD Securities increased their price objective on Alimentation Couche-Tard from C$90.00 to C$100.00 and gave the stock a "buy" rating in a report on Thursday, February 12th. National Bank Financial increased their price objective on Alimentation Couche-Tard from C$88.00 to C$89.00 and gave the stock an "outperform" rating in a report on Thursday, March 19th. Raymond James Financial increased their price objective on Alimentation Couche-Tard from C$85.00 to C$90.00 in a report on Thursday, March 19th. Finally, BMO Capital Markets increased their price objective on Alimentation Couche-Tard from C$79.00 to C$84.00 and gave the stock a "market perform" rating in a report on Thursday, February 12th.

Alimentation Couche-Tard Price Performance

Shares of TSE:ATD opened at C$76.43 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 101.20. Alimentation Couche-Tard has a 1 year low of C$66.93 and a 1 year high of C$85.59. The business has a fifty day simple moving average of C$80.61 and a 200 day simple moving average of C$75.79. The firm has a market cap of C$70.18 billion, a price-to-earnings ratio of 26.45, a P/E/G ratio of 1.35 and a beta of 0.69.

Alimentation Couche-Tard (TSE:ATD - Get Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The company reported C$1.10 earnings per share (EPS) for the quarter. Alimentation Couche-Tard had a return on equity of 17.65% and a net margin of 3.71%.The business had revenue of C$29.74 billion during the quarter. As a group, sell-side analysts predict that Alimentation Couche-Tard will post 4.0410959 earnings per share for the current fiscal year.

Alimentation Couche-Tard Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, April 9th were issued a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, March 26th. Alimentation Couche-Tard's dividend payout ratio (DPR) is 19.81%.

About Alimentation Couche-Tard

Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia.

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