Should I buy or sell Alimentation Couche-Tard stock right now?

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

What is Alimentation Couche-Tard's stock price target for 2024?

11 Wall Street research analysts have issued 12 month target prices for Alimentation Couche-Tard's stock. Their ATD share price targets range from C$75.00 to C$94.00. On average, they anticipate the company's stock price to reach C$85.00 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View analysts price targets for ATD or view top-rated stocks among Wall Street analysts .

How have ATD shares performed in 2023?

Alimentation Couche-Tard's stock was trading at C$59.50 on January 1st, 2023. Since then, ATD stock has increased by 30.3% and is now trading at C$77.52. View the best growth stocks for 2023 here .

When is Alimentation Couche-Tard's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024. View our ATD earnings forecast .

How were Alimentation Couche-Tard's earnings last quarter?

Alimentation Couche-Tard Inc. (TSE:ATD) released its quarterly earnings results on Tuesday, November, 28th. The company reported $1.10 earnings per share for the quarter, beating analysts' consensus estimates of $1.06 by $0.04. The company had revenue of $22.04 billion for the quarter, compared to the consensus estimate of $22.32 billion. Alimentation Couche-Tard had a trailing twelve-month return on equity of 23.68% and a net margin of 4.48%.

How often does Alimentation Couche-Tard pay dividends? What is the dividend yield for Alimentation Couche-Tard?

Alimentation Couche-Tard declared a quarterly dividend on Wednesday, December 6th. Shareholders of record on Thursday, December 21st will be paid a dividend of 0.175 per share on Thursday, December 21st. This represents a $0.70 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Wednesday, December 6th. This is a boost from the stock's previous quarterly dividend of C$0.14. Read our dividend analysis for ATD .

Is Alimentation Couche-Tard a good dividend stock?

Alimentation Couche-Tard (TSE:ATD) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 0.76%. The dividend payout ratio is 14.25%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ATD .

What other stocks do shareholders of Alimentation Couche-Tard own?

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) .

How do I buy shares of Alimentation Couche-Tard?

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. Compare Top Brokerages Here .

Alimentation Couche-Tard Stock Price, News & Analysis (TSE:ATD)

C$77.52

-0.47 (-0.60%)

(As of 12/5/2023 ET)

Compare

Today's Range: C$77.17
▼
C$78.81
50-Day Range: C$68.98
▼
C$80.03
52-Week Range: C$58.92
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C$80.28

Volume: 1.68 million shs
Average Volume: 1.22 million shs
Market Capitalization: C$74.89 billion

P/E Ratio: 18.41
Dividend Yield: 0.77%
Price Target: C$85.00

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Alimentation Couche-Tard MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 9.6% Upside
C$85.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.42
Based on 31 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Alimentation Couche-Tard has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$85.00, Alimentation Couche-Tard has a forecasted upside of 9.6% from its current price of C$77.52.
Amount of Analyst Coverage
Alimentation Couche-Tard has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for ATD.

0.8

Dividend Strength

Dividend Yield
Alimentation Couche-Tard has a dividend yield of 0.76%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Alimentation Couche-Tard does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Alimentation Couche-Tard is 14.25%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ATD.

2.5

News and Social Media Coverage

News Sentiment
Alimentation Couche-Tard has a news sentiment score of 0.42. 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 news sentiment score is similar to the average news sentiment of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 31 news articles for Alimentation Couche-Tard this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for ATD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
10 people have added Alimentation Couche-Tard to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alimentation Couche-Tard insiders have not sold or bought any company stock.
Percentage Held by Insiders
24.45% of the stock of Alimentation Couche-Tard is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 33.87% of the stock of Alimentation Couche-Tard is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Alimentation Couche-Tard is 18.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alimentation Couche-Tard is 18.41, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 335.92.
Price to Earnings Growth Ratio
Alimentation Couche-Tard has a PEG Ratio of 1.35. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Alimentation Couche-Tard has a P/B Ratio of 5.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Alimentation Couche-Tard Stock (TSE:ATD)

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. The company operates its convenience stores chain under the Circle K, Couche-Tard, Holiday, Ingo, and Mac's brands. It is also involved in the sale of lottery tickets, calling and gift cards, postage stamps, and bus tickets; and provision of automatic teller machines and car wash services. In addition, it operates and licenses stores operated under the Circle K banner in Cambodia, Egypt, Guam, Guatemala, Honduras, Indonesia, Jamaica, Macau, Mexico, New Zealand, Saudi Arabia, the United Arab Emirates, and Vietnam. The company was formerly known as Actidev Inc. and changed its name to Alimentation Couche-Tard Inc. in December 1994. Alimentation Couche-Tard Inc. was founded in 1980 and is headquartered in Laval, Canada.

ATD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ATD Stock News Headlines

December 4, 2023 | americanbankingnews.com

Equities Analysts Issue Forecasts for Alimentation Couche-Tard Inc.'s Q3 2024 Earnings (TSE:ATD)

December 4, 2023 | americanbankingnews.com

FY2025 EPS Estimates for Alimentation Couche-Tard Inc. Decreased by Analyst (TSE:ATD)

December 6, 2023 | DTI Trader (Ad)

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December 3, 2023 | americanbankingnews.com

Canaccord Genuity Group Trims Alimentation Couche-Tard (TSE:ATD) Target Price to C$89.00

December 3, 2023 | americanbankingnews.com

National Bankshares Trims Alimentation Couche-Tard (TSE:ATD) Target Price to C$87.00

December 3, 2023 | americanbankingnews.com

Alimentation Couche-Tard (TSE:ATD) PT Lowered to C$85.00 at Scotiabank