Parkit Enterprise (PKT) Stock Price, News & Analysis

Company Overview

Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States. Parkit Enterprise Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada, with an additional office in Ottawa, Canada.

Key Stats

• Today's Range: C$0.60 to C$0.60
• 50-Day Range: C$0.55 to C$0.62
• 52-Week Range: C$0.46 to C$0.69
• Volume: 132,000 shs
• Average Volume: 44,128 shs
• Market Capitalization: C$124.82 million
• P/E Ratio: 5.00
• Dividend Yield: 1.08%
• Price Target: N/A
• Consensus Rating: Hold

Parkit Enterprise Stock Analysis - MarketRank™

Parkit Enterprise scored higher than 33% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Parkit Enterprise has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Parkit Enterprise has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Parkit Enterprise is 5.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Parkit Enterprise is 5.00, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 30.10.

Price to Book Value per Share Ratio

Parkit Enterprise has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PKT.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Parkit Enterprise pays a meaningful dividend of 1.08%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Parkit Enterprise does not have a long track record of dividend growth.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: N/A

News Sentiment

Parkit Enterprise has a news sentiment score of 2.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Parkit Enterprise this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Parkit Enterprise insiders have not sold or bought any company stock.

Percentage Held by Insiders

39.47% of the stock of Parkit Enterprise is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

5.72% of the stock of Parkit Enterprise is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Real Estate
• Industry: Real Estate Services
• Sub-Industry: N/A
• Current Symbol: CVE:PKT
• CIK: N/A
• Web: www.parkitenterprise.com
• Phone: +1-604-4248700
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): C$0.12
• Trailing P/E Ratio: 5.00
• Forward P/E Ratio: 20.00
• P/E Growth: N/A
• Net Income: -C$3.21 million
• Net Margins: 85.80%
• Pretax Margin: N/A
• Return on Equity: 15.97%
• Return on Assets: 0.83%

Debt

• Debt-to-Equity Ratio: 87.04
• Current Ratio: N/A
• Quick Ratio: 5.35

Sales & Book Value

• Annual Sales: C$29.90 million
• Price / Sales: 4.17
• Cash Flow: C$0.05 per share
• Price / Cash Flow: 12.41
• Book Value: C$0.76 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 208,033,000
• Free Float: N/A
• Market Cap: C$124.82 million
• Optionable: Not Optionable
• Beta: 2.27