Parkland FY2026 EPS Reduced by National Bank Financial

Parkland Co. (TSE:PKI - Free Report) - National Bank Financial lowered their FY2026 earnings estimates for shares of Parkland in a research note issued on Sunday, April 20th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $3.67 per share for the year, down from their prior forecast of $3.93. The consensus estimate for Parkland's current full-year earnings is $3.60 per share. National Bank Financial also issued estimates for Parkland's FY2027 earnings at $4.71 EPS.

A number of other analysts have also weighed in on PKI. JPMorgan Chase & Co. dropped their target price on shares of Parkland from C$58.00 to C$55.00 and set an "overweight" rating for the company in a report on Tuesday, March 18th. National Bankshares lifted their price objective on Parkland from C$41.00 to C$42.00 and gave the stock an "outperform" rating in a research report on Friday, March 7th. CIBC decreased their target price on Parkland from C$50.00 to C$43.00 in a report on Thursday, April 17th. Canaccord Genuity Group cut their price target on shares of Parkland from C$45.00 to C$42.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Finally, TD Securities decreased their price objective on shares of Parkland from C$52.00 to C$50.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Eleven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of C$46.62.

Parkland Trading Down 0.8 %

PKI traded down C$0.26 during trading on Tuesday, hitting C$34.32. 606,574 shares of the stock traded hands, compared to its average volume of 917,524. The firm has a market capitalization of C$5.98 billion, a P/E ratio of 24.73, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33. Parkland has a 12-month low of C$30.09 and a 12-month high of C$43.28. The company has a debt-to-equity ratio of 199.87, a current ratio of 1.39 and a quick ratio of 0.73. The firm has a 50-day moving average of C$34.94 and a 200 day moving average of C$34.57.

Insider Activity

In other news, Senior Officer Darren Robert Smart sold 5,000 shares of Parkland stock in a transaction dated Monday, March 17th. The stock was sold at an average price of C$36.76, for a total value of C$183,800.00. Also, Director Nora Duke acquired 2,800 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were purchased at an average cost of C$35.50 per share, for a total transaction of C$99,388.24. Company insiders own 20.51% of the company's stock.

Parkland Company Profile

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.