What is Cormark’s Estimate for CVE:PKT FY2025 Earnings?

Parkit Enterprise Inc. (CVE:PKT) – Investment analysts at Cormark upped their FY2025 earnings per share estimates for shares of Parkit Enterprise in a research report issued on Tuesday, November 19th. Cormark analyst S. Srinivas now expects that the company will post earnings per share of $0.04 for the year, up from their previous estimate of $0.03. The consensus estimate for Parkit Enterprise’s current full-year earnings is $0.03 per share. Cormark also issued estimates for Parkit Enterprise’s Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.01 EPS and FY2026 earnings at $0.04 EPS.

A number of other analysts have also recently weighed in on PKT. Raymond James cut shares of Parkit Enterprise from a “moderate buy” rating to a “hold” rating in a report on Sunday, August 11th. Scotiabank cut their price target on Parkit Enterprise from C$0.75 to C$0.60 and set a “sector perform” rating on the stock in a report on Wednesday, August 14th.

Parkit Enterprise Stock Performance

PKT stock opened at C$0.67 on Thursday. Parkit Enterprise has a 1 year low of C$0.47 and a 1 year high of C$0.83. The stock has a market capitalization of C$149.69 million, a price-to-earnings ratio of -33.50 and a beta of 1.97. The company has a debt-to-equity ratio of 116.60, a quick ratio of 5.35 and a current ratio of 2.95. The stock’s fifty day moving average is C$0.67 and its two-hundred day moving average is C$0.59.

Insider Activity at Parkit Enterprise

In other Parkit Enterprise news, Director Bradley Roy Dunkley purchased 1,000,000 shares of the stock in a transaction dated Tuesday, October 1st. The shares were acquired at an average price of C$0.70 per share, for a total transaction of C$699,800.00. Also, Director Robert Blair Tamblyn sold 60,000 shares of the firm’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of C$0.67, for a total value of C$40,200.00. Insiders have purchased a total of 1,036,000 shares of company stock worth $723,080 over the last ninety days. 39.47% of the stock is currently owned by corporate insiders.

Parkit Enterprise Company Profile

Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States.