Should I buy or sell Parkland stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parkland in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PKI shares. View PKI analyst ratings or view top-rated stocks .

What is Parkland's stock price target for 2024?

12 brokerages have issued twelve-month price objectives for Parkland's stock. Their PKI share price targets range from C$40.00 to C$54.00. On average, they anticipate the company's stock price to reach C$49.62 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View analysts price targets for PKI or view top-rated stocks among Wall Street analysts .

How have PKI shares performed in 2023?

Parkland's stock was trading at C$29.71 at the beginning of the year. Since then, PKI shares have increased by 48.8% and is now trading at C$44.20. View the best growth stocks for 2023 here .

When is Parkland's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024. View our PKI earnings forecast .

How were Parkland's earnings last quarter?

Parkland Co. (TSE:PKI) released its earnings results on Wednesday, November, 1st. The company reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.47. The firm earned $8.87 billion during the quarter, compared to the consensus estimate of $8.57 billion. Parkland had a trailing twelve-month return on equity of 15.81% and a net margin of 1.35%.

How often does Parkland pay dividends? What is the dividend yield for Parkland?

Parkland announced a quarterly dividend on Wednesday, September 13th. Investors of record on Friday, September 22nd will be given a dividend of 0.34 per share on Friday, October 13th. This represents a $1.36 annualized dividend and a dividend yield of 3.08%. The ex-dividend date of this dividend is Thursday, September 21st. Read our dividend analysis for PKI .

Is Parkland a good dividend stock?

Parkland (TSE:PKI) pays an annual dividend of C$1.36 per share and currently has a dividend yield of 3.08%. The dividend payout ratio is 53.54%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PKI .

What other stocks do shareholders of Parkland own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Parkland investors own include Intact Financial (IFC) , Constellation Software (CSU) , Alimentation Couche-Tard (ATD.B) , AutoCanada (ACQ) , AbbVie (ABBV) , Toronto-Dominion Bank (TD) , Enbridge (ENB) , Pembina Pipeline (PPL) , Superior Plus (SPB) and Costco Wholesale (COST) .

Parkland Stock Price, News & Analysis (TSE:PKI)

C$44.20

-0.23 (-0.52%)

(As of 11/27/2023 ET)

Compare

Today's Range: C$43.84
▼
C$44.37
50-Day Range: C$38.98
▼
C$44.52
52-Week Range: C$27.39
▼
C$44.97

Volume: 317,242 shs
Average Volume: 459,390 shs
Market Capitalization: C$7.78 billion

P/E Ratio: 17.40
Dividend Yield: 3.08%
Price Target: C$49.62

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Insider Trades

Parkland MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.92 Rating Score
Upside/Downside: 12.3% Upside
C$49.62 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.15
Based on 4 Articles This Week
Insider Trading: Selling Shares
C$1.63 M Sold Last Quarter
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.

2.33 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Parkland has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$49.62, Parkland has a forecasted upside of 12.3% from its current price of C$44.20.
Amount of Analyst Coverage
Parkland has been the subject of 12 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 PKI.

1.7

Dividend Strength

Dividend Yield
Parkland pays a meaningful dividend of 3.08%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Parkland does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Parkland is 53.54%. 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 PKI.

1.6

News and Social Media Coverage

News Sentiment
Parkland has a news sentiment score of -0.15. 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 lower news sentiment than the 0.44 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Parkland this week, compared to 4 articles on an average week.
Search Interest
10 people have searched for PKI on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Parkland to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Parkland insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,630,772.00 in company stock.
Percentage Held by Insiders
20.41% of the stock of Parkland is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 34.26% of the stock of Parkland is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Parkland is 17.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of Parkland is 17.40, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 118.78.
Price to Earnings Growth Ratio
Parkland has a PEG Ratio of 11.79. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Parkland has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Parkland Stock (TSE:PKI)

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company's Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities. This segment sells its products under the M&M Food Market, On the Run / Marché Express, Ultramar, Esso, Chevron, Pioneer, Fas Gas Plus, Bluewave Energy, Pipeline Commercial, Columbia Fuels, and Sparlings Propane brand names. Its international segment operates and services various retail service stations under the Sol, Esso, Mobil, Shell, and Texaco brand names; and owns the Sol Shop, a convenience store, as well as sells refined crude oil to commercial, industrial, and aviation businesses. The company's USA Segment delivers fuel, lubricants, and other related products to commercial and wholesale customers; operates a network of retail fuel and convenience stores under the On the Run, Arco, Cenex, Chevron, Conoco, Exxon, and other brands, as well as cardlocks under various brands; and operates terminals, storage facilities and trucks, contracts with pipeline, storage facilities, and third-party carriers to support its network. Its Refining segment refines fuel products, such as gasoline, diesel, and jet fuel; co-processes bio-feedstocks and blends low-carbon-intensity fuels with gasoline and diesel to produce greener fuels. The company was formerly known as Parkland Fuel Corporation and changed its name to Parkland Corporation in May 2020. Parkland Corporation was founded in 1977 and is headquartered in Calgary, Canada.

PKI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PKI Stock News Headlines

November 28, 2023 | americanbankingnews.com

Parkland Co. (TSE:PKI) Senior Officer Sells C$445,000.00 in Stock

November 24, 2023 | americanbankingnews.com

Pierre Patrick Gerard Magnan Sells 27,061 Shares of Parkland Co. (TSE:PKI) Stock

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November 21, 2023 | americanbankingnews.com

Parkland Co. (TSE:PKI) Receives Consensus Rating of "Moderate Buy" from Analysts

November 20, 2023 | americanbankingnews.com

The Goldman Sachs Group Boosts Parkland (TSE:PKI) Price Target to C$40.00

November 19, 2023 | americanbankingnews.com

The Goldman Sachs Group Increases Parkland (TSE:PKI) Price Target to C$40.00

November 18, 2023 | americanbankingnews.com

Atb Cap Markets Analysts Raise Earnings Estimates for Parkland Co. (TSE:PKI)

January 14, 2022 | nj.com

Illegal ‘diversion’ of North Hudson parkland must be rectified | Opinion - NJ.com

November 28, 2023 | DTI Trader (Ad)

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January 13, 2022 | prnewswire.com

Parkland Corporation Announces January 2022 Dividend - PRNewswire

January 9, 2022 | usnews.com

Ravaged by 1968 Riots, Parkland Ky. Is Coming Back to Life - U.S. News & World Report

January 6, 2022 | dallasnews.com

Inside Dallas’ Parkland Hospital as shrinking staff fights omicron - The Dallas Morning News

January 4, 2022 | dallasnews.com

COVID-19 testing sites to open at Parkland, Dallas County amid omicron surge - The Dallas Morning News

January 4, 2022 | dallasnews.com

Parkland opens new free COVID-19 testing site in Stemmons Corridor - The Dallas Morning News

December 29, 2021 | dallasnews.com

‘We are full’: Parkland’s ER sees record number of patients as omicron cases continue to soar - The Dallas Morning News

December 29, 2021 | abcnews.go.com

Judge postpones penalty trial for Parkland school gunman - ABC News

December 27, 2021 | dallasnews.com

Parkland Hospital reports COVID-19 hospitalization spike, staff hit by virus - The Dallas Morning News

December 23, 2021 | dallasnews.com

Dallas County community clinics brace for COVID-19 surge - The Dallas Morning News

December 16, 2021 | foxnews.com

Parkland school shooting: Florida district to pay $26 million to families of victims - Fox News

December 16, 2021 | cnn.com

School district will pay more than $26 million to Parkland shooting victims and families - CNN

December 16, 2021 | cbsnews.com

Florida school district to pay $26 million to Parkland shooting victims - CBS News

December 14, 2021 | prnewswire.com

Parkland ramps-up processing operations at the Burnaby Refinery - PRNewswire

December 14, 2021 | finance.yahoo.com

Parkland ramps-up processing operations at the Burnaby Refinery

December 13, 2021 | yahoo.com

Why A Parkland Survivor Says He Believes School Shootings Will 'Continue To Accelerate' - Yahoo Entertainment

December 9, 2021 | dallasnews.com

Missing 35-year-old woman last seen more than a week ago near Parkland - The Dallas Morning News

December 9, 2021 | dallasnews.com

Parkland says it requires employees to be vaccinated or file for exemption - The Dallas Morning News

December 5, 2021 | cnn.com

'Very nasty': Parkland father reacts to GOP lawmaker's photo - CNN

See More Headlines

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Company Calendar

Ex-Dividend for 10/13 Dividend: 9/21/2023
Dividend Payable: 10/13/2023
Last Earnings: 11/01/2023
Today: 11/27/2023
Next Earnings (Estimated): 3/07/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas Refining & Marketing
Sub-Industry: N/A
Sector: Energy
Current Symbol: TSE:PKI
CUSIP: N/A
CIK: N/A
Web: www.parkland.ca
Phone: +1-403-3566400
Fax: N/A
Employees: 2,019
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$49.62
High Stock Price Target: C$54.00
Low Stock Price Target: C$40.00
Potential Upside/Downside: +12.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.92
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.54
Trailing P/E Ratio: 17.40
Forward P/E Ratio: 13.30
P/E Growth: 11.79
Net Income: C$454 million
Net Margins: 1.35%
Pretax Margin: N/A
Return on Equity: 15.81%
Return on Assets: 4.57%

Debt

Debt-to-Equity Ratio: 196.59
Current Ratio: 1.33
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: C$33.57 billion
Price / Sales: 0.23
Cash Flow: C$2.76 per share
Price / Cash Flow: 16.01
Book Value: C$18.52 per share
Price / Book: 2.39

Miscellaneous

Outstanding Shares: 176,000,000
Free Float: N/A
Market Cap: C$7.78 billion
Optionable: Not Optionable
Beta: 1.39

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Key Executives

Mr. Robert Berthold Espey (Age 57)
President, CEO & Non-Independent Director
Comp: $2.48M
Mr. Marcel Teunissen (Age 49)
Chief Financial Officer
Comp: $1.29M
Mr. Pierre Patrick Gerard Magnan (Age 49)
President of Parkland International
Comp: $1.33M
Ms. Donna Sanker
President of Parkland USA
Valerie Roberts
Director of Investor Relations
Mr. Tariq Remtulla
Senior VP, General Counsel & Corporate Secretary
Simon Scott
Director of Corporate Communications
Mr. Darren Robert Smart
Senior Vice President of Energy Transition & Corporate Development
Mr. Ferio Pugliese (Age 54)
Senior Vice President of People, Culture, Health, Safety, Environment & Sustainability
Mr. Colin Peter Kilty
Senior Vice President of Special Projects

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PKI Stock Analysis - Frequently Asked Questions

Should I buy or sell Parkland stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parkland in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PKI shares.
View PKI analyst ratings or view top-rated stocks.
What is Parkland's stock price target for 2024?: 12 brokerages have issued twelve-month price objectives for Parkland's stock. Their PKI share price targets range from C$40.00 to C$54.00. On average, they anticipate the company's stock price to reach C$49.62 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts price targets for PKI or view top-rated stocks among Wall Street analysts.
How have PKI shares performed in 2023?: Parkland's stock was trading at C$29.71 at the beginning of the year. Since then, PKI shares have increased by 48.8% and is now trading at C$44.20.
View the best growth stocks for 2023 here.
When is Parkland's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our PKI earnings forecast.
How were Parkland's earnings last quarter?: Parkland Co. (TSE:PKI) released its earnings results on Wednesday, November, 1st. The company reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.47. The firm earned $8.87 billion during the quarter, compared to the consensus estimate of $8.57 billion. Parkland had a trailing twelve-month return on equity of 15.81% and a net margin of 1.35%.

How often does Parkland pay dividends? What is the dividend yield for Parkland?: Parkland announced a quarterly dividend on Wednesday, September 13th. Investors of record on Friday, September 22nd will be given a dividend of 0.34 per share on Friday, October 13th. This represents a $1.36 annualized dividend and a dividend yield of 3.08%. The ex-dividend date of this dividend is Thursday, September 21st.
Read our dividend analysis for PKI.
Is Parkland a good dividend stock?: Parkland (TSE:PKI) pays an annual dividend of C$1.36 per share and currently has a dividend yield of 3.08%. The dividend payout ratio is 53.54%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PKI.
What other stocks do shareholders of Parkland own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Parkland investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Toronto-Dominion Bank (TD), Enbridge (ENB), Pembina Pipeline (PPL), Superior Plus (SPB) and Costco Wholesale (COST).
How do I buy shares of Parkland?: Shares of PKI 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.

This page (TSE:PKI) was last updated on 11/28/2023 by MarketBeat.com Staff

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Parkland Stock Price, News & Analysis (TSE:PKI)

Parkland MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Parkland Stock (TSE:PKI)

PKI Stock Price History

PKI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PKI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™