TSE:PKI

Parkland - PKI Stock Forecast, Price & News

C$32.40

+0.12 (+0.37%)

(As of 03/31/2023 12:00 AM ET)

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Today's Range: C$32.19
▼
C$32.62
50-Day Range: C$28.12
▼
C$32.40
52-Week Range: C$24.25
▼
C$39.45

Volume: 385,973 shs
Average Volume: 575,813 shs
Market Capitalization: C$5.68 billion

P/E Ratio: 16.88
Dividend Yield: 4.20%
Price Target: C$39.33

Parkland MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 21.4% Upside
C$39.33 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.31
Based on 4 Articles This Week
Insider Trading: Selling Shares
C$572,346 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.

2.35 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Parkland has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$39.33, Parkland has a forecasted upside of 21.4% from its current price of C$32.40.
Amount of Analyst Coverage
Parkland has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

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

2.5

Dividend Strength

Dividend Leadership
Parkland is a leading dividend payer. It pays a dividend yield of 4.42%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Parkland does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Parkland is 70.83%. 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.

2.9

News and Social Media Coverage

News Sentiment
Parkland has a news sentiment score of 1.31. 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 0.32 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Parkland this week, compared to 0 articles on an average week.
Search Interest
Only 3 people have searched for PKI on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Parkland to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Parkland insiders have sold 2,501.57% more of their company's stock than they have bought. Specifically, they have bought C$22,000.00 in company stock and sold C$572,346.00 in company stock.
Percentage Held by Insiders
20.44% 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 36.02% 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 16.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of Parkland is 16.88, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 87.40.
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 1.87. 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 (TSE:PKI) Stock

Parkland Corporation operates food and convenience stores in Canada, the United States, the Caribbean region, and Central and South America. The company operates through four segments: Canada, USA, Supply, and International. The Canada segment owns, operates, supports, and distributes a coast-to-coast network of retail convenience, food, and fuel sites, as well as commercial cardlocks and bulk fuel facilities; and provides propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers. It operates 1,812 retail gas stations under the Ultramar, Esso, Fas Gas Plus, Chevron, and Pioneer brands; and a convenience store under the On the Run brand. This segment also delivers bulk fuel, bulk and cylinder exchange propane, heating oil, lubricants, and other related products and services to customers in oil and gas, construction, mining, forestry, fishing, and transportation industries under the Ultramar, Bluewave Energy, Pipeline Commercial, Chevron, Columbia Fuels, and Sparlings Propane brands. 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. This segment also provides commercial solar and other renewable energy solutions. The USA segment operates a network of gas stations; and delivers bulk fuel, lubricants, and other related products and services under the Rhinehart Oil, Farstad Oil, Conrad & Bischoff, Tropic Oil and NFN National Fuel Network brands. The Supply segment manufactures transportation fuels; transports, stores, and markets fuels, crude oil, and liquid petroleum gases; and manufactures and sells aviation fuel to airlines. 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.

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PKI Stock News Headlines

March 28, 2023 | americanbankingnews.com

Parkland Co. to Post FY2024 Earnings of $2.82 Per Share, Scotiabank Forecasts (TSE:PKI)

March 23, 2023 | americanbankingnews.com

James Pantelidis Acquires 800 Shares of Parkland Co. (TSE:PKI) Stock

March 31, 2023 | Investor Place Media (Ad)

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March 23, 2023 | americanbankingnews.com

Darren Robert Smart Sells 19,142 Shares of Parkland Co. (TSE:PKI) Stock

December 29, 2021 | abcnews.go.com

Judge postpones penalty trial for Parkland school gunman - ABC 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 14, 2021 | finance.yahoo.com

Parkland ramps-up processing operations at the Burnaby Refinery

March 31, 2023 | Investor Place Media (Ad)

Biden To Unleash "Choke Point" Operation On America?

December 5, 2021 | cnn.com

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

December 5, 2021 | businessinsider.com

Dad of Parkland victim blasts GOP lawmaker over family photo with guns - Business Insider

December 3, 2021 | abcnews.go.com

Parkland, Florida student arrested in school shooting threat - ABC News

November 30, 2021 | finance.yahoo.com

Parkland to expand its Canadian convenience and retail fuel network with acquisition of select Husky branded locations

November 29, 2021 | marketwatch.com

Parkland Fuel to Launch Buyback of Up to 10% of Public Float - MarketWatch

November 29, 2021 | cnn.com

Father of Parkland victim details FBI's 'mistake' he says enabled shooting - CNN

November 29, 2021 | finance.yahoo.com

Parkland Announces Normal Course Issuer Bid

November 24, 2021 | msn.com

Parkland moves to pause refinery operations due to Trans Mountain shutdown

November 23, 2021 | msn.com

Justice Department reaches settlement with families of Parkland shooting victims - msnNOW

November 23, 2021 | finance.yahoo.com

Parkland initiates steps to pause refinery processing operations in response to ongoing Trans Mountain Pipeline shut down - Yahoo Finance

November 22, 2021 | finance.yahoo.com

Parkland initiates steps to pause refinery processing operations in response to ongoing Trans Mountain Pipeline shut down

November 22, 2021 | cnn.com

Families of Parkland shooting victims settle lawsuit with Justice Department - CNN

November 18, 2021 | reuters.com

Parkland says Burnaby refinery maintaining fuel supply after British Columbia floods - Reuters

November 16, 2021 | finance.yahoo.com

Parkland Corporation (TSE:PKI) Will Pay A CA$0.10 Dividend In Two Days

November 16, 2021 | finance.yahoo.com

Parkland's strategy to drive sustainable growth through the energy transition

November 14, 2021 | abcnews.go.com

Parkland activists heal over years while pushing gun reform - ABC News

November 13, 2021 | finance.yahoo.com

Parkland strengthens retail convenience network and supply advantage with acquisition in its growing Pacific Northwest region - Yahoo Finance

November 11, 2021 | finance.yahoo.com

Parkland Corporation Announces November 2021 Dividend - Yahoo Finance

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30 days | 90 days | 365 days | Advanced Chart

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PKI Company Calendar

Ex-Dividend for 1/13 Dividend: 12/21/2022
Dividend Payable: 1/13/2023
Ex-Dividend for 4/14 Dividend: 3/21/2023
Today: 3/31/2023
Dividend Payable: 4/14/2023
Next Earnings (Estimated): 5/03/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas Refining & Marketing
Sub-Industry: N/A
Sector: Basic Materials
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 Forecast: C$39.33
High Stock Price Forecast: C$47.00
Low Stock Price Forecast: C$35.00
Forecasted Upside/Downside: +21.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.92
Trailing P/E Ratio: 16.88
Forward P/E Ratio: 13.95
P/E Growth: 11.79
Net Income: C$310 million
Net Margins: 0.87%
Pretax Margin: N/A
Return on Equity: 12.89%
Return on Assets: 4.24%

Debt

Debt-to-Equity Ratio: 229.57
Current Ratio: 1.39
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: C$35.46 billion
Price / Sales: 0.16
Cash Flow: C$2.02 per share
Price / Cash Flow: 16.01
Book Value: C$17.31 per share
Price / Book: 1.87

Miscellaneous

Outstanding Shares: 175,430,000
Free Float: N/A
Market Cap: C$5.68 billion
Optionable: Optionable
Beta: 1.48

Key Executives

Mr. Robert Berthold Espey (Age 57)
Pres, CEO & Non-Independent Director
Comp: $2.41M

Mr. Marcel Teunissen (Age 49)
Chief Financial Officer
Comp: $1.16M

Mr. Pierre Patrick Gerard Magnan (Age 49)
Pres of Parkland International
Comp: $1.32M

Mr. Ryan Curtis Krogmeier (Age 54)
Sr. VP of Supply, Trading, Refining & HSE
Comp: $1.22M

Valerie Roberts
Director of Investor Relations

Ms. Christy Elliott
Sr. VP, Gen. Counsel, Corp. Sec. & Chief Sustainability Officer

Simon Scott
Director of Corp. Communications

Mr. Darren Robert Smart
Sr. VP of Energy Transition & Corp. Devel.

Mr. Ferio Pugliese (Age 54)
Sr. VP of People & Culture, Health, Safety & Environment

Mr. Colin Peter Kilty
Sr. VP of Special Projects

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PKI Stock - Frequently Asked Questions

Should I buy or sell Parkland stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parkland in the last year. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PKI shares.
View PKI analyst ratings or view top-rated stocks.
What is Parkland's stock price forecast for 2023?: 8 brokerages have issued 12 month target prices for Parkland's stock. Their PKI share price forecasts range from C$35.00 to C$47.00. On average, they expect the company's stock price to reach C$39.33 in the next year. This suggests a possible upside of 21.4% 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 on January 1st, 2023. Since then, PKI shares have increased by 9.1% and is now trading at C$32.40.
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 Wednesday, May 3rd 2023.
View our PKI earnings forecast.
How often does Parkland pay dividends? What is the dividend yield for Parkland?: Parkland announced a quarterly dividend on Thursday, March 2nd. Investors of record on Wednesday, March 22nd will be paid a dividend of 0.34 per share on Friday, April 14th. This represents a $1.36 annualized dividend and a dividend yield of 4.20%. The ex-dividend date is Tuesday, March 21st. This is a positive change from the stock's previous quarterly dividend of C$0.33.
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 4.42%. PKI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 70.83%. 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).
What is Parkland's stock symbol?: Parkland trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PKI."
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.
What is Parkland's stock price today?: One share of PKI stock can currently be purchased for approximately C$32.40.
How much money does Parkland make?: Parkland (TSE:PKI) has a market capitalization of C$5.68 billion and generates C$35.46 billion in revenue each year. The company earns C$310 million in net income (profit) each year or C$1.92 on an earnings per share basis.
How many employees does Parkland have?: The company employs 2,019 workers across the globe.
How can I contact Parkland?: Parkland's mailing address is 100-4919 59 St, RED DEER, AB T4N 6C9, Canada. The official website for the company is www.parkland.ca. The company can be reached via phone at +1-403-3566400.

This page (TSE:PKI) was last updated on 3/31/2023 by MarketBeat.com Staff

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Parkland - PKI Stock Forecast, Price & News

Parkland MarketRank™ Forecast

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 (TSE:PKI) Stock

PKI Stock News Headlines

PKI Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PKI Stock - Frequently Asked Questions

Overall MarketRank^™