Raymond James Estimates Parkland’s FY2025 Earnings (TSE:PKI)

Parkland Co. (TSE:PKI) – Raymond James cut their FY2025 EPS estimates for Parkland in a research note issued to investors on Tuesday, May 6th. Raymond James analyst S. Hansen now expects that the company will post earnings of $2.80 per share for the year, down from their previous forecast of $3.00. Raymond James has a “Outperform” rating and a $45.00 price objective on the stock. The consensus estimate for Parkland’s current full-year earnings is $3.60 per share.

Several other analysts also recently issued reports on PKI. CIBC cut their price target on Parkland from C$50.00 to C$43.00 in a report on Thursday, April 17th. Canaccord Genuity Group lowered their price target on shares of Parkland from C$45.00 to C$42.00 and set a “buy” rating for the company in a research report on Thursday, April 17th. TD Securities downgraded shares of Parkland from a “buy” rating to a “sell” rating and cut their price objective for the company from C$50.00 to C$44.00 in a research report on Tuesday. ATB Capital dropped their price target on shares of Parkland from C$46.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Thursday, April 17th. Finally, National Bankshares boosted their price objective on Parkland from C$41.00 to C$42.00 in a research report on Tuesday. One analyst has rated the stock with a sell rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, Parkland currently has a consensus rating of “Moderate Buy” and a consensus target price of C$45.54.

Parkland Stock Performance

Shares of TSE PKI opened at C$38.77 on Thursday. The stock has a market capitalization of C$6.76 billion, a P/E ratio of 27.94, a P/E/G ratio of 11.79 and a beta of 1.33. The firm’s 50-day moving average price is C$34.99 and its two-hundred day moving average price is C$34.65. Parkland has a 52-week low of C$30.09 and a 52-week high of C$40.50. The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 199.87.

Insider Buying and Selling at Parkland

In related news, Director Nora Duke acquired 2,800 shares of the business’s stock in a transaction on Monday, March 10th. The shares were purchased at an average price of C$35.50 per share, for a total transaction of C$99,388.24. Also, Senior Officer Darren Robert Smart sold 5,000 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of C$36.76, for a total transaction of C$183,800.00. 20.51% of the stock is owned by corporate insiders.

Parkland Company Profile

Parkland Corp distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated.