Desjardins Has Optimistic Outlook of TSE:ATD FY2025 Earnings

Alimentation Couche-Tard Inc. (TSE:ATD) – Research analysts at Desjardins raised their FY2025 EPS estimates for Alimentation Couche-Tard in a research note issued on Wednesday, March 19th. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $3.96 for the year, up from their previous estimate of $3.93. Desjardins currently 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 research firms have also recently issued reports on ATD. UBS Group decreased their price target on Alimentation Couche-Tard from C$97.00 to C$94.00 in a research note on Monday, March 17th. CIBC decreased their target price on shares of Alimentation Couche-Tard from C$87.00 to C$85.00 and set an “outperform” rating for the company in a research report on Thursday, March 20th. Canaccord Genuity Group dropped their price target on shares of Alimentation Couche-Tard from C$85.00 to C$84.00 and set a “buy” rating on the stock in a research report on Thursday, February 27th. Veritas upgraded shares of Alimentation Couche-Tard to a “strong-buy” rating in a report on Thursday, March 20th. Finally, National Bankshares dropped their target price on Alimentation Couche-Tard from C$88.00 to C$86.00 and set an “outperform” rating on the stock in a report on Thursday, March 20th. Ten analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$86.33.

Alimentation Couche-Tard Stock Performance

Shares of ATD stock opened at C$70.25 on Monday. Alimentation Couche-Tard has a 12-month low of C$65.95 and a 12-month high of C$85.53. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. The firm has a market capitalization of C$46.67 billion, a price-to-earnings ratio of 18.32, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. The business has a 50 day simple moving average of C$72.77 and a 200 day simple moving average of C$75.54.

Alimentation Couche-Tard Company Profile

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.