Desjardins Has Strong Estimate for TSE:ATD FY2026 Earnings

Alimentation Couche-Tard Inc. (TSE:ATD) – Desjardins increased their FY2026 earnings per share estimates for Alimentation Couche-Tard in a research note issued to investors 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.

Several other equities research analysts also recently weighed in on the company. Canaccord Genuity Group raised their price target on Alimentation Couche-Tard from C$83.00 to C$85.00 in a report on Wednesday, November 20th. BMO Capital Markets raised their price objective on Alimentation Couche-Tard from C$85.00 to C$87.00 in a research note on Wednesday. CIBC raised their price objective on Alimentation Couche-Tard from C$88.00 to C$89.00 in a research note on Wednesday. Stifel Nicolaus raised their price objective on Alimentation Couche-Tard from C$86.00 to C$88.00 in a research note on Friday, September 6th. Finally, JPMorgan Chase & Co. raised their price objective on Alimentation Couche-Tard from C$83.00 to C$87.00 in a research note on Thursday, September 19th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Alimentation Couche-Tard has a consensus rating of “Moderate Buy” and a consensus target price of C$87.67.

Alimentation Couche-Tard Price Performance

Shares of TSE ATD opened at C$82.47 on Thursday. The company has a debt-to-equity ratio of 102.11, a quick ratio of 0.88 and a current ratio of 1.00. The company has a market cap of C$78.18 billion, a PE ratio of 21.31, a P/E/G ratio of 1.35 and a beta of 0.89. The business has a 50-day simple moving average of C$75.35 and a two-hundred day simple moving average of C$77.75. Alimentation Couche-Tard has a fifty-two week low of C$71.31 and a fifty-two week high of C$87.27.

Alimentation Couche-Tard (TSE:ATD) last issued its quarterly earnings data on Wednesday, September 4th. The company reported C$1.13 earnings per share for the quarter, beating 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 company 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 firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Friday, September 13th. Alimentation Couche-Tard’s payout ratio is 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.