TSE:PKI

Parkland Co. (PKI.TO) Stock Forecast, Price & News

C$40.23

+0.60 (+1.51 %)

(As of 01/25/2021 12:00 AM ET)

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Today's Range

C$39.21

Now: C$40.23▼

C$40.44

50-Day Range

C$40.07

MA: C$41.71▼

C$44.48

52-Week Range

C$17.57

Now: C$40.23▼

C$47.78

Volume395,160 shs

Average Volume381,133 shs

Market CapitalizationC$5.92 billion

P/E Ratio29.71

Dividend Yield3.06%

BetaN/A

Parkland Corporation operates as a marketer, distributor, and refiner of fuel and petroleum products in Canada, the United States, and internationally. The company operates in five segments: Canada Retail, Canada Commercial, USA, Supply, and International. The Canada Retail segment supplies and supports a coast-to-coast network of 1,863 retail gas stations under the Ultramar, Esso, Fas Gas Plus, Chevron, and Pioneer, as well as operates convenience stores under the On the Run/MarchÃ© Express brand. The Canada Commercial segment offers bulk fuel, bulk and cylinder exchange propane, heating oil, lubricants, and other related products and services to commercial, industrial, and residential customers in various industries, such as oil and gas, construction, mining, forestry, fishing, and transportation under the Ultramar, Bluewave Energy, Pipeline Commercial, Chevron, Columbia Fuels, and Sparlings Propane brands. The USA segment operates a network of gas stations; and delivers bulk fuel, lubricants, and other related products and services under the Farstad Oil, Rhinehart Oil, Tropic Oil, Superpumper, and Harts brands. The Supply segment manufactures transportation fuels; procures feedstocks and fuels from third parties; transports, stores, and markets fuels, crude oil, and liquid petroleum gases; and manufactures and sells aviation fuel to airlines. The International segment operates retail service stations under the Esso, Shell, and Sol brands; and delivers and supplies gasoline, diesel, fuel oil, propane, and lubricants to customers in various sectors, including power, oil and gas, and mining. This segment also engages in the wholesale, supply, and distribution business. The company was formerly known as Parkland Fuel Corporation and changed its name to Parkland Corporation in May 2020. The company was founded in 1977 and is headquartered in Calgary, Canada.

MarketRank^™

Overall MarketRank^™

1.32 out of 5 stars

3.7 Analyst's Opinion

Consensus Rating
Parkland Co. (PKI.TO) has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$47.82, Parkland Co. (PKI.TO) has a forecasted upside of 18.9% from its current price of C$40.23.
Amount of Analyst Coverage
Parkland Co. (PKI.TO) has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
Parkland Co. (PKI.TO) has received 355 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Parkland Co. (PKI.TO) has received 474 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Parkland Co. (PKI.TO) has received 57.18% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Parkland Co. (PKI.TO) and other stocks. Vote “Outperform” if you believe PKI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PKI will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Parkland Co. (PKI.TO) pays a meaningful dividend of 3.06%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Parkland Co. (PKI.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Parkland Co. (PKI.TO) is 88.69%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Parkland Co. (PKI.TO) 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$2,002,920.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Parkland Co. (PKI.TO) is 29.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of Parkland Co. (PKI.TO) is 29.71, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 24.02.
Price to Earnings Growth Ratio
Parkland Co. (PKI.TO) has a PEG Ratio of 59.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Parkland Co. (PKI.TO) has a P/B Ratio of 3.19. 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

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas Refining & Marketing

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:PKI

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.parkland.ca

Phone+1-403-3566400

Employees4,635

Year FoundedN/A

Debt

Debt-to-Equity Ratio168.52

Current Ratio1.04

Quick Ratio0.64

Price-To-Earnings

Trailing P/E Ratio29.71

Forward P/E Ratio20.01

P/E Growth59.43

Sales & Book Value

Annual SalesC$15.32 billion

Price / Sales0.39

Cash FlowC$2.42 per share

Price / Cash Flow16.65

Book ValueC$12.63 per share

Price / Book3.19

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares147,272,000

Market CapC$5.92 billion

Next Earnings Date3/4/2021 (Estimated)

OptionableOptionable

C$40.23

+0.60 (+1.51 %)

(As of 01/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Parkland Co. (PKI.TO) (TSE:PKI) Frequently Asked Questions

How has Parkland Co. (PKI.TO)'s stock price been impacted by COVID-19 (Coronavirus)?

Parkland Co. (PKI.TO)'s stock was trading at C$33.56 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PKI shares have increased by 19.9% and is now trading at C$40.23.
View which stocks have been most impacted by COVID-19.

Is Parkland Co. (PKI.TO) a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parkland Co. (PKI.TO) in the last twelve months. There are currently 4 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Parkland Co. (PKI.TO) stock.
View analyst ratings for Parkland Co. (PKI.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Parkland Co. (PKI.TO)?

Wall Street analysts have given Parkland Co. (PKI.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Parkland Co. (PKI.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Parkland Co. (PKI.TO)'s next earnings date?

Parkland Co. (PKI.TO) is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Parkland Co. (PKI.TO).

How were Parkland Co. (PKI.TO)'s earnings last quarter?

Parkland Co. (PKI.TO) (TSE:PKI) posted its earnings results on Tuesday, November, 3rd. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.22. The company earned $3.51 billion during the quarter, compared to analyst estimates of $3.79 billion.
View Parkland Co. (PKI.TO)'s earnings history.

Is Parkland Co. (PKI.TO) a good dividend stock?

Parkland Co. (PKI.TO) pays an annual dividend of C$1.20 per share and currently has a dividend yield of 3.06%. The dividend payout ratio of Parkland Co. (PKI.TO) is 88.69%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Parkland Co. (PKI.TO)'s dividend history.

What price target have analysts set for PKI?

6 analysts have issued 1 year price targets for Parkland Co. (PKI.TO)'s shares. Their forecasts range from C$42.00 to C$52.00. On average, they anticipate Parkland Co. (PKI.TO)'s share price to reach C$47.82 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price.
View analysts' price targets for Parkland Co. (PKI.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Parkland Co. (PKI.TO)'s key competitors?

Some companies that are related to Parkland Co. (PKI.TO) include DCC plc (DCC.L) (DCC), Vivo Energy plc (VVO.L) (VVO), Hydrodec Group plc (HYR.L) (HYR), Ampol (CTXAF), Ampol Limited (ALD.AX) (ALD), Caltex Australia Limited (CTX.AX) (CTX), Ferrellgas Partners (FGPRQ), Neste Oyj (NTOIY), Neste Oyj (NTOIF), New America Energy (NECA), Parkland (PKIUF), Petrosonic Energy (PSON), Saras (SAAFY), Saras S.p.A. (SRS.MI) (SRS) and Thai Oil Public (TOIPF).
View all of PKI's competitors.

What other stocks do shareholders of Parkland Co. (PKI.TO) own?

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

Who are Parkland Co. (PKI.TO)'s key executives?

Parkland Co. (PKI.TO)'s management team includes the following people:

Mr. Robert Berthold Espey, Pres, CEO & Non-Independent Director (Age 54, Pay $1.84M)
Mr. Darren Robert Smart, Sr. VP of Strategy & Corp. Devel.
Mr. Pierre Patrick Gerard Magnan, Pres of Parkland International (Age 46, Pay $1.33M)
Mr. Douglas S. Haugh, Pres of Parkland USA
Mr. Ryan Curtis Krogmeier, Sr. VP of Supply, Trading, Refining & HSE (Age 51, Pay $930.94k)
Mr. Marcel Teunissen, Chief Financial Officer (Age 46)
Ms. Christy Elliott, Sr. VP, Gen. Counsel, Corp. Sec. & Chief Sustainability Officer
Simon Scott, Director of Corp. Communications
Mr. Colin Peter Kilty, Sr. VP of Special Projects
Mr. Ian White, Sr. VP of Strategic Marketing & Innovation

What is Parkland Co. (PKI.TO)'s stock symbol?

Parkland Co. (PKI.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PKI."

How do I buy shares of Parkland Co. (PKI.TO)?

Shares of PKI 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.

What is Parkland Co. (PKI.TO)'s stock price today?

One share of PKI stock can currently be purchased for approximately C$40.23.

How big of a company is Parkland Co. (PKI.TO)?

Parkland Co. (PKI.TO) has a market capitalization of C$5.92 billion and generates C$15.32 billion in revenue each year. Parkland Co. (PKI.TO) employs 4,635 workers across the globe.

What is Parkland Co. (PKI.TO)'s official website?

The official website for Parkland Co. (PKI.TO) is www.parkland.ca.

How can I contact Parkland Co. (PKI.TO)?

Parkland Co. (PKI.TO)'s mailing address is 100-4919 59 St, RED DEER, AB T4N 6C9, Canada. The company can be reached via phone at +1-403-3566400.

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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