Desjardins Has Bearish Forecast for TSE:ATD FY2025 Earnings

Alimentation Couche-Tard Inc. (TSE:ATD - Free Report) - Desjardins decreased their FY2025 EPS estimates for shares of Alimentation Couche-Tard in a report issued on Monday, May 5th. Desjardins analyst C. Li now anticipates that the company will earn $3.75 per share for the year, down from their previous forecast of $3.96. Desjardins currently has a "Buy" rating and a $82.00 target price on the stock. The consensus estimate for Alimentation Couche-Tard's current full-year earnings is $4.04 per share.

ATD has been the topic of several other reports. Canaccord Genuity Group dropped their price objective on shares of Alimentation Couche-Tard from C$85.00 to C$84.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. UBS Group dropped their price objective on shares of Alimentation Couche-Tard from C$97.00 to C$94.00 in a report on Monday, March 17th. Veritas raised shares of Alimentation Couche-Tard to a "strong-buy" rating in a report on Thursday, March 20th. JPMorgan Chase & Co. decreased their target price on shares of Alimentation Couche-Tard from C$89.00 to C$86.00 and set an "overweight" rating for the company in a research note on Tuesday, March 18th. Finally, Scotiabank decreased their target price on shares of Alimentation Couche-Tard from C$85.00 to C$83.00 and set an "outperform" rating for the company in a research note on Thursday, March 20th. Ten analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of C$85.33.

Alimentation Couche-Tard Stock Performance

Shares of ATD stock traded down C$0.51 during trading hours on Thursday, hitting C$69.00. The company's stock had a trading volume of 529,519 shares, compared to its average volume of 1,304,030. The company has a 50 day moving average of C$70.58 and a 200 day moving average of C$74.55. The stock has a market cap of C$45.84 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 101.54. Alimentation Couche-Tard has a 12-month low of C$65.95 and a 12-month high of C$85.53.

Alimentation Couche-Tard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, April 10th were given a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date was Thursday, March 27th. Alimentation Couche-Tard's dividend payout ratio is presently 18.26%.

About Alimentation Couche-Tard

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.