Brokers Issue Forecasts for Parkland's Q2 Earnings (TSE:PKI)

Parkland Co. (TSE:PKI - Free Report) - Stock analysts at Scotiabank issued their Q2 2025 EPS estimates for Parkland in a research report issued to clients and investors on Tuesday, July 15th. Scotiabank analyst B. Isaacson expects that the company will earn $0.73 per share for the quarter. Scotiabank currently has a "Hold" rating and a $44.00 target price on the stock. The consensus estimate for Parkland's current full-year earnings is $3.60 per share.

Other analysts have also issued reports about the company. Raymond James Financial cut their price target on Parkland from C$47.00 to C$45.00 and set an "outperform" rating on the stock in a report on Thursday, April 17th. CIBC cut Parkland from an "outperform" rating to a "tender" rating and set a C$44.00 target price on the stock. in a research note on Monday, June 9th. TD Securities downgraded Parkland from a "buy" rating to a "sell" rating and reduced their price target for the stock from C$50.00 to C$44.00 in a research report on Tuesday, May 6th. JPMorgan Chase & Co. downgraded shares of Parkland from an "overweight" rating to a "neutral" rating and lowered their price objective for the company from C$54.00 to C$41.00 in a report on Wednesday, June 11th. Finally, ATB Capital cut their price objective 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 investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Parkland has an average rating of "Moderate Buy" and a consensus price target of C$44.46.

Parkland Trading Up 0.2%

PKI opened at C$38.58 on Wednesday. The stock has a market capitalization of C$6.73 billion, a P/E ratio of 27.80, a P/E/G 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. Parkland has a 12 month low of C$30.09 and a 12 month high of C$40.29. The firm's fifty day simple moving average is C$38.57 and its 200 day simple moving average is C$36.08.

Parkland Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 20th were paid a $0.36 dividend. This is a boost from Parkland's previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a dividend yield of 3.73%. Parkland's dividend payout ratio (DPR) is currently 100.88%.

About Parkland

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.

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