Desjardins Issues Optimistic Estimate for TSE:ATD Earnings

Alimentation Couche-Tard Inc. (TSE:ATD) – Analysts at Desjardins increased their FY2026 earnings estimates for Alimentation Couche-Tard in a research note issued on Wednesday, November 27th. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $4.59 for the year, up from their prior forecast of $4.57. The consensus estimate for Alimentation Couche-Tard’s current full-year earnings is $4.04 per share.

A number of other equities analysts have also recently commented on ATD. National Bankshares lifted their price objective on shares of Alimentation Couche-Tard from C$85.00 to C$87.00 in a research report on Wednesday. Stifel Nicolaus raised their target price on shares of Alimentation Couche-Tard from C$86.00 to C$88.00 in a research note on Friday, September 6th. JPMorgan Chase & Co. upped their price target on shares of Alimentation Couche-Tard from C$83.00 to C$87.00 in a research note on Thursday, September 19th. Canaccord Genuity Group raised their price objective on shares of Alimentation Couche-Tard from C$83.00 to C$85.00 in a research report on Wednesday, November 20th. Finally, Royal Bank of Canada reduced their price objective on Alimentation Couche-Tard from C$96.00 to C$94.00 in a report on Thursday, September 5th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$87.67.

Alimentation Couche-Tard Stock Up 0.4 %

ATD stock opened at C$82.80 on Thursday. Alimentation Couche-Tard has a 1-year low of C$71.31 and a 1-year high of C$87.27. The business’s 50 day simple moving average is C$75.49 and its 200 day simple moving average is C$77.78. The company has a current ratio of 1.00, a quick ratio of 0.88 and a debt-to-equity ratio of 102.11. The firm has a market capitalization of C$78.49 billion, a PE ratio of 21.40, a PEG ratio of 1.35 and a beta of 0.89.

Alimentation Couche-Tard (TSE:ATD) last announced its quarterly earnings results on Wednesday, September 4th. The company reported C$1.13 earnings per share for the quarter, topping analysts’ consensus estimates of C$1.11 by C$0.02. Alimentation Couche-Tard had a return on equity of 19.72% and a net margin of 3.73%. The firm had revenue of C$24.99 billion for the quarter, compared to the consensus estimate of C$24.73 billion.

Alimentation Couche-Tard Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend was Friday, September 13th. Alimentation Couche-Tard’s dividend payout ratio (DPR) is currently 18.09%.

About Alimentation Couche-Tard

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.