Desjardins Brokers Reduce Earnings Estimates for TSE:ATD

Key Points

• Desjardins has lowered its Q2 2026 earnings per share estimate for Alimentation Couche-Tard from $0.99 to $0.98, while maintaining a "Buy" rating and a price target of $80.00.
• Multiple analysts have adjusted their price targets for the stock, with Royal Bank of Canada reducing from C$94.00 to C$91.00 and Scotiabank increasing from C$78.00 to C$84.00, reflecting varied investor sentiment.
• Alimentation Couche-Tard declared a dividend of $0.195, set to be paid on September 25th, representing an annualized payout of $0.78 and a dividend yield of 1.0%.

Alimentation Couche-Tard Inc. (TSE:ATD - Free Report) - Research analysts at Desjardins cut their Q2 2026 earnings estimates for shares of Alimentation Couche-Tard in a note issued to investors on Wednesday, September 3rd. Desjardins analyst C. Li now forecasts that the company will post earnings of $0.98 per share for the quarter, down from their prior estimate of $0.99. Desjardins has a "Buy" rating and a $80.00 price objective on the stock. The consensus estimate for Alimentation Couche-Tard's current full-year earnings is $4.04 per share. Desjardins also issued estimates for Alimentation Couche-Tard's Q4 2026 earnings at $0.76 EPS.

ATD has been the subject of several other research reports. Jefferies Financial Group decreased their price target on shares of Alimentation Couche-Tard from C$90.00 to C$87.00 and set a "buy" rating for the company in a report on Friday, June 27th. JPMorgan Chase & Co. decreased their price target on shares of Alimentation Couche-Tard from C$88.00 to C$84.00 and set an "outperform" rating for the company in a report on Tuesday, June 10th. Royal Bank Of Canada decreased their price target on shares of Alimentation Couche-Tard from C$94.00 to C$91.00 and set an "outperform" rating for the company in a report on Wednesday, September 3rd. TD Securities boosted their price target on shares of Alimentation Couche-Tard from C$85.00 to C$89.00 and gave the company a "buy" rating in a report on Thursday, September 4th. Finally, National Bankshares boosted their price target on shares of Alimentation Couche-Tard from C$82.00 to C$84.00 and gave the company an "outperform" rating in a report on Thursday, September 4th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Alimentation Couche-Tard presently has a consensus rating of "Buy" and an average target price of C$85.31.

Alimentation Couche-Tard Trading Down 0.4%

Shares of ATD stock traded down C$0.27 on Monday, hitting C$73.64. The stock had a trading volume of 842,123 shares, compared to its average volume of 1,406,559. Alimentation Couche-Tard has a twelve month low of C$65.95 and a twelve month high of C$83.73. The firm has a market cap of C$69.27 billion, a P/E ratio of 27.27, a PEG ratio of 1.35 and a beta of 0.34. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 101.54. The company has a fifty day moving average price of C$71.46 and a two-hundred day moving average price of C$70.91.

Alimentation Couche-Tard Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 25th will be paid a $0.195 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.78 dividend on an annualized basis and a yield of 1.1%. Alimentation Couche-Tard's dividend payout ratio is presently 20.27%.

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.