Parkland Co. (TSE:PKI - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$37.60 and traded as high as C$38.83. Parkland shares last traded at C$38.74, with a volume of 458,051 shares.
Wall Street Analyst Weigh In
Several brokerages have recently commented on PKI. Raymond James Financial decreased their target price on Parkland from C$45.00 to C$44.00 and set an "outperform" rating on the stock in a report on Tuesday, August 12th. National Bankshares raised their price target on Parkland from C$41.00 to C$42.00 and gave the company a "tender" rating in a report on Wednesday, August 6th. Finally, Scotiabank cut Parkland from a "strong-buy" rating to a "hold" rating and set a C$44.00 price target on the stock. in a report on Wednesday, June 25th. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Parkland presently has an average rating of "Hold" and a consensus target price of C$43.73.
Check Out Our Latest Stock Analysis on Parkland
Parkland Stock Down 0.1%
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 stock has a market cap of C$6.76 billion, a price-to-earnings ratio of 22.92, a price-to-earnings-growth ratio of 11.79 and a beta of 0.03. The firm has a 50 day simple moving average of C$38.55 and a two-hundred day simple moving average of C$37.60.
Parkland Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 22nd will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 3.7%. Parkland's dividend payout ratio is presently 84.02%.
About Parkland
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Parkland, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Parkland wasn't on the list.
While Parkland currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
