Alimentation Couche-Tard Inc. (TSE:ATD) Receives Average Rating of "Buy" from Analysts

Alimentation Couche-Tard Inc. (TSE:ATD - Get Free Report) has received a consensus rating of "Buy" from the twelve brokerages that are covering the firm, MarketBeat reports. Ten research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$84.75.

Several brokerages have weighed in on ATD. Stifel Nicolaus lowered their target price on shares of Alimentation Couche-Tard from C$84.00 to C$82.00 and set a "buy" rating on the stock in a research report on Thursday, May 22nd. Veritas upgraded shares of Alimentation Couche-Tard to a "strong-buy" rating in a research report on Thursday, March 20th. Canaccord Genuity Group lowered their target price on shares of Alimentation Couche-Tard from C$85.00 to C$84.00 and set a "buy" rating on the stock in a research report on Thursday, February 27th. National Bankshares lowered their price target on shares of Alimentation Couche-Tard from C$86.00 to C$81.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th. Finally, BMO Capital Markets lowered their price target on shares of Alimentation Couche-Tard from C$85.00 to C$82.00 in a research report on Thursday, March 20th.

Alimentation Couche-Tard Price Performance

ATD traded down C$1.36 on Friday, hitting C$71.60. 1,020,151 shares of the company were exchanged, compared to its average volume of 1,294,419. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. The business's fifty day moving average is C$70.52 and its 200 day moving average is C$74.16. Alimentation Couche-Tard has a fifty-two week low of C$65.95 and a fifty-two week high of C$85.53. The firm has a market capitalization of C$47.57 billion, a P/E ratio of 18.68, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89.

Alimentation Couche-Tard Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, April 10th were paid a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Thursday, March 27th. Alimentation Couche-Tard's payout ratio is 18.26%.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco 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.