This summary was created by AI, based on 42 opinions in the last 12 months.
Experts have mixed opinions on the company Alimentation Couche-Tard. While some see it as a top-quality, well-run, and global leader in the convenience store industry, others are concerned about its high valuation and dependence on gas sales. The company has a strong history of growth through acquisitions and has a well-diversified geographic presence. Overall, the stock is seen as a long-term hold, with potential for further growth. However, there are concerns about its valuation and the impact of emerging trends such as the shift to electric vehicles.
The founder built an empire from a corner store. It is well managed and has made good acquisitions. It is a good company to have for the long term.
Great growth story. Seems a mediocre business, but has done a spectacular job making acquisitions and cutting costs.
Global leader, geographically well diversified. Most revenue comes from fuel. Soft earnings this quarter, due to gas margins and reduced same-store sales; Canada was more impacted than Europe or US.
As inflation comes down, rates will come down, and consumer spending should pick up. So he expects higher earnings going forward. Strong balance sheet ready to go with more M&A. Buy here, hold long term.
(A Top Pick Jun 23/23, Up 25%)
Excellent business with very strong margins. Will continue to own shares. Has owned for 20 years. Very strong management team that is excellent at capital allocation. Recent M&A trends very strong - ability to execute well on this aspect.
Correction since March. Now in a holding pattern between $74 and $82, consolidating, digesting previous gains. Would be a concern if it took out $74 support.
Correct. About 40% of gross profits comes from fuel. Putting a big push on its merchandise. Was trading below its historical average (17.5 PE) a few years ago, took off, and then became a momentum stock. Trading around 27x PE, overpriced. Hybrids, not EVs, are the threat.
Still, seems to be doing all right in European countries where there are lots of EVs.
Flies under the radar for many investors. Started in 1982 with 1 convenience store in Laval. Now 14-15K stores across the world. Excellent operations in Canada, US, Europe, Asia. Industry still quite fragmented, so still long runway for acquisitions. Marries operational excellence with capital allocation. Yield is 0.9%.
(Analysts’ price target is $86.21)It has come off. Although not a fast growing company, its price ran up this past fall/winter. Its valuation is typically 17 to 17 1/2 times earnings but it is now in the mid 20's. Be cautious - don't buy now in case the valuation goes back to its average.
Leader in its space, incredibly well run. Add here. Rare example of a Canadian retailer doing well in the US. Tends to be soft when economy slows. Phenomenal long-term investment. Spectacular acquirers. Incredible value-creator.
M&A activity very strong in the past. Excellent management team with sharp capital allocation skills. Compounded rate on investment has been good for investors. If economy falls into recession, not goof for business. Would recommend holding shares, but not adding at this time.
A lot of stocks are in these tight trading ranges, and at some point they're going to break out of that. Probably a good entry point. Canadian name with international flair. Well run. Long-term shareholders have been rewarded.
Global leader. Very well diversified geographically. Most revenue comes from fuel; the rest comes from snacks, lottery tickets, and merchandise. Serial acquirers, most recently from Total. Strong fundamentals, good profitability, attractive multiple. Yield is 0.9%.
(Analysts’ price target is $86.29)Have 17,000 locations globally and they just bought a company that gives them a presence in Germany and Belgium. 7-11 is 5x larger, but there's a lot of room for ATD to grow, because 60% of convenience stores globally are run by Mom and Pops. They were disciplined in 2020-1 and are now buying companies strategically. Half their business comes from non-gas, so they're adding car washes and fast food restaurants. The dividend has grown 23% annually over the last 10 years.
(Analysts’ price target is $86.29)Alimentation Couche-Tard is a Canadian stock, trading under the symbol ATD-T on the Toronto Stock Exchange (ATD-CT). It is usually referred to as TSX:ATD or ATD-T
In the last year, 37 stock analysts published opinions about ATD-T. 28 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Alimentation Couche-Tard.
Alimentation Couche-Tard was recommended as a Top Pick by on . Read the latest stock experts ratings for Alimentation Couche-Tard.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
37 stock analysts on Stockchase covered Alimentation Couche-Tard In the last year. It is a trending stock that is worth watching.
On 2024-07-26, Alimentation Couche-Tard (ATD-T) stock closed at a price of $82.62.
He's owned this in the past. It has done well. It comes down to consumer spending. He likes their long-term fundamentals. Also look at Parkland.