Alimentation Couche-Tard (ATD) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alimentation Couche-Tard in the last year. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATD shares.
View ATD analyst ratings or view top-rated stocks.

11 analysts have issued 12-month price targets for Alimentation Couche-Tard's stock. Their ATD share price forecasts range from C$68.00 to C$87.00. On average, they anticipate the company's share price to reach C$79.08 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price.
View analysts price targets for ATD or view top-rated stocks among Wall Street analysts.

Alimentation Couche-Tard's stock was trading at C$59.50 at the beginning of 2023. Since then, ATD stock has increased by 19.3% and is now trading at C$71.00.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023.
View our ATD earnings forecast.

Alimentation Couche-Tard Inc. (TSE:ATD) released its quarterly earnings data on Tuesday, June, 27th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.36. The business had revenue of $22.06 billion for the quarter, compared to analyst estimates of $20.97 billion. Alimentation Couche-Tard had a trailing twelve-month return on equity of 23.76% and a net margin of 4.43%.

Alimentation Couche-Tard declared a quarterly dividend on Wednesday, September 6th. Stockholders of record on Friday, September 15th will be given a dividend of 0.14 per share on Friday, September 29th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for ATD.

Alimentation Couche-Tard (TSE:ATD) pays an annual dividend of C$0.56 per share and currently has a dividend yield of 0.76%. The dividend payout ratio is 13.49%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ATD.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alimentation Couche-Tard investors own include Enbridge (ENB), Dollar General (DG), Verizon Communications (VZ), Costco Wholesale (COST), Manulife Financial (MFC), Bristol-Myers Squibb (BMY), Cisco Systems (CSCO), Morgan Stanley (MS), QUALCOMM (QCOM) and AT&T (T).

Alimentation Couche-Tard trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ATD."

Shares of ATD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of ATD stock can currently be purchased for approximately C$71.00.

Alimentation Couche-Tard (TSE:ATD) has a market capitalization of C$68.59 billion and generates C$68.82 billion in revenue each year. The company earns C$3.05 billion in net income (profit) each year or C$4.15 on an earnings per share basis.

The company employs 128,000 workers across the globe.