Desjardins Issues Optimistic Forecast for TSE:ATD Earnings

Alimentation Couche-Tard Inc. (TSE:ATD) – Desjardins lifted their FY2025 earnings estimates for Alimentation Couche-Tard in a research note issued to investors on Wednesday, March 19th. Desjardins analyst C. Li now anticipates that the company will post earnings of $3.96 per share for the year, up from their prior estimate of $3.93. Desjardins has a “Buy” rating and a $82.00 price objective on the stock. The consensus estimate for Alimentation Couche-Tard’s current full-year earnings is $4.04 per share.

Several other equities research analysts have also recently issued reports on ATD. BMO Capital Markets decreased their price target on shares of Alimentation Couche-Tard from C$85.00 to C$82.00 in a research note on Thursday, March 20th. JPMorgan Chase & Co. lowered their target price on shares of Alimentation Couche-Tard from C$89.00 to C$86.00 and set an “overweight” rating for the company in a research note on Tuesday, March 18th. National Bank Financial raised Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. CIBC dropped their target price on Alimentation Couche-Tard from C$87.00 to C$85.00 and set an “outperform” rating for the company in a research note on Thursday, March 20th. Finally, Scotiabank decreased their price target on Alimentation Couche-Tard from C$85.00 to C$83.00 and set an “outperform” rating on the stock in a research note on Thursday, March 20th. Ten investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Alimentation Couche-Tard currently has an average rating of “Buy” and an average price target of C$86.33.

Alimentation Couche-Tard Stock Performance

Alimentation Couche-Tard stock opened at C$70.08 on Monday. Alimentation Couche-Tard has a fifty-two week low of C$65.95 and a fifty-two week high of C$85.53. The company has a market capitalization of C$46.56 billion, a price-to-earnings ratio of 18.28, a PEG ratio of 1.35 and a beta of 0.89. The stock has a fifty day moving average of C$72.85 and a two-hundred day moving average of C$75.58. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99.

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.