Shares of Parkland Fuel Corp (TSE:PKI) reached a new 52-week high on Friday . The company traded as high as C$49.22 and last traded at C$49.14, with a volume of 48060 shares traded. The stock had previously closed at C$47.63.
PKI has been the subject of a number of recent analyst reports. Raymond James set a C$51.00 price target on shares of Parkland Fuel and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. National Bank Financial raised their price target on shares of Parkland Fuel from C$51.00 to C$52.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 6th. Royal Bank of Canada decreased their price target on shares of Parkland Fuel from C$54.00 to C$53.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. JPMorgan Chase & Co. decreased their price target on shares of Parkland Fuel from C$56.00 to C$53.00 in a research report on Tuesday, October 22nd. Finally, CIBC raised their price target on shares of Parkland Fuel from C$49.50 to C$51.00 in a research report on Wednesday, November 6th. Six equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average price target of C$52.25.
The company has a debt-to-equity ratio of 170.80, a current ratio of 1.23 and a quick ratio of 0.77. The firm has a market cap of $7.19 billion and a price-to-earnings ratio of 25.01. The business’s 50-day moving average price is C$47.52 and its two-hundred day moving average price is C$44.71.
Parkland Fuel (TSE:PKI) last released its quarterly earnings data on Monday, November 4th. The company reported C$0.16 EPS for the quarter, missing analysts’ consensus estimates of C$0.42 by C($0.26). The business had revenue of C$4.61 billion for the quarter, compared to analysts’ expectations of C$4.71 billion. Equities analysts predict that Parkland Fuel Corp will post 1.6203399 earnings per share for the current fiscal year.
Parkland Fuel Company Profile (TSE:PKI)
Parkland Fuel Corporation operates as a marketer, distributor, and refiner of fuel and petroleum products in Canada and the United States. The company's Retail segment supplies and supports a network of 1,855 retail gas stations under the Ultramar, Esso, Fas Gas Plus, Pioneer, Chevron, and Race Trac, as well as operates convenience stores under the On the Run/Marché Express brand.
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