Desjardins Issues Negative Forecast for TSE:ATD Earnings

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) - Desjardins lowered their Q2 2026 EPS 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 per share of $0.98 for the quarter, down from their previous forecast of $0.99. Desjardins has a "Buy" rating and a $80.00 price target 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.

Several other research analysts have also issued reports on the stock. Royal Bank Of Canada lowered 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. Scotiabank raised their price target on shares of Alimentation Couche-Tard from C$78.00 to C$84.00 and gave the stock an "outperform" rating in a report on Thursday. BMO Capital Markets raised their price target on shares of Alimentation Couche-Tard from C$75.00 to C$78.00 in a report on Thursday. JPMorgan Chase & Co. lowered 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. Finally, Jefferies Financial Group lowered 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. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Alimentation Couche-Tard currently has an average rating of "Buy" and an average price target of C$85.31.

Alimentation Couche-Tard Stock Up 2.9%

Alimentation Couche-Tard stock opened at C$76.24 on Monday. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. Alimentation Couche-Tard has a 52-week low of C$65.95 and a 52-week high of C$83.73. The firm has a 50 day moving average price of C$70.90 and a two-hundred day moving average price of C$70.80. The firm has a market cap of C$71.71 billion, a price-to-earnings ratio of 28.24, a PEG ratio of 1.35 and a beta of 0.34.

Alimentation Couche-Tard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 25th will be paid a $0.195 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.78 annualized dividend and a dividend yield of 1.0%. Alimentation Couche-Tard's payout ratio is currently 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.

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