Related posts

Markets sink on Middle East tensions and strong U.S. dataBitcoin surges as stocks fadeTSX climbs, Wall Street mixed
Investor Insights

This summary was created by AI, based on 10 opinions in the last 12 months.

Parkland Fuel Corp (PKI-T) is a well-managed company that has secured low cost funding for expanding its EV charging infrastructure. The company's cash reserves are growing, allowing for the retirement of previous debt. Analysts recommend a trailing up the stop to $41 with a potential upside of 19%. The company's acquisition of financing for EV charging network expansion in western Canada is seen as a positive sign for future growth. However, some experts caution about high debt levels and the need for the company to focus on paying down debt and raising margins.

Consensus
Mixed
Valuation
Fair Value
BUY
Parkland Fuel Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

PKI is up roughly 5% today as it rejected its largest shareholder, Simpson Oil's, request for a review of strategic alternatives. We continue to like PKI here and while the added executive and shareholder disagreements are not great for the stock, its fundamentals have shown significant improvements. 
Unlock Premium - Try 5i Free

merchandising / lodging
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Parkland Fuel Corp
Stockchase Research Editor: Michael O'Reilly

We reiterate PKI as a TOP PICK.  It trades at 18x earnings, 2.5x book and supports a 15% ROE -- healthy for a retailer.  It has secured low cost government funding to expand its EV charging infrastructure in BC.  We like that cash reserves are growing, which is allowing them to continue to retire previous debt.  We recommend trailing up the stop (from $38) to $41, looking to achieve $53 -- upside potential of 19%.  Yield 3.0%   

(Analysts’ price target is $52.31)
merchandising / lodging
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Parkland Fuel Corp
Stockchase Research Editor: Michael O'Reilly

PKI has acquired attractive financing from the Canadian Infrastructure Bank to expand its EV charging network in western Canada.  It trades at 17x earnings, 2.4x book and supports a 15% ROE and we like that cash reserves are growing with good cash flow from operations.  Its dividend is supported by a payout ratio under 55% of cash flow.  We recommend a stop-loss at $38, looking to achieve $52 -- upside potential of 16%.  Yield 3.0%

(Analysts’ price target is $51.77)
merchandising / lodging
BUY
Parkland Fuel Corp

Well-run. The refinery enjoys good margins. Gas stations work in underserved areas. Likes them.

merchandising / lodging
HOLD
Parkland Fuel Corp

Distributor of variety of fuel products. Growth by acquisition company. Does not see upside on shares at current price. Well managed company overall. Recent activist investors not good for long term shareholders. 

merchandising / lodging
COMMENT
Parkland Fuel Corp

The question was whether it can replicate Couche-Tard's business. The answer was maybe but it would take a long time. He owns Couche-Tard which is very well run and has made good acquisitions.

merchandising / lodging
DON'T BUY
Parkland Fuel Corp

Fuel wholesaler with refinery operations.
Does not own shares.
Refinery operation volatile with high liabilities. 
Would not recommend buying. 
High debt levels.
Would prefer defensive pipeline companies in energy sector.

merchandising / lodging
HOLD
Parkland Fuel Corp

Acquisition spree, and debt got out of control. Renewed focus on paying down debt. Serial dividend grower. Attractive valuation, but it's a show-me story. If you believe Canada's population is growing and needs to get around, should do well. Great international division. He has a small position, great business, he's not selling.

merchandising / lodging
BUY
Parkland Fuel Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

EPS of $0.64 beat estimates of $0.2553 and revenues of $8.16B missed expectations of $8.22B. Sales grew by 7% for the year, driven by large advancements in its International segment. Net profit margins expanded slightly from the previous quarter, and it generated $201M in free cash flows, which were mostly used for repaying debt and paying dividends. Management is confident that it can achieve $2B in Adjusted EBITDA by 2025 without additional acquisitions and while reducing leverage. These were good results and the market is reacting well so far. 
Unlock Premium - Try 5i Free

merchandising / lodging
COMMENT
Parkland Fuel Corp

They have a junk debt rating. But is well-run, trades around 11-12x PE, and pays over a 4% dividend. Are positioned well in their markets and have been  making smart purchases over the years. Now, he'd like them to pause that, grow organically, pay down debt and raise margins.

merchandising / lodging
DON'T BUY
Parkland Fuel Corp
vs. ATD

They're different, because ATD is retail and convenience stores, whereas PKI that's only half their business, as well as selling energy products to companies and their BC refinery (25% of their business). Also, different analysts cover each company. The refineries tend to get a lower PE and are less ESG-friendly, and are in a heavier-asset industry. Is less stable than ATD. ATD also has Circle K's not necessarily attached to their gas stations, whereas they are attached under PKI. PKI's balance sheet is more leveraged, too. She owns neither company.

merchandising / lodging
PARTIAL BUY
Parkland Fuel Corp

A bellweather stock. Is climbing above $31 resistance now. Chart shows a nice trend since November. Stick with it or buy a half-position to enter.

merchandising / lodging
BUY ON WEAKNESS
Parkland Fuel Corp

Stock tends to peak and trough at the same place over a long time. Hasn't hit the dead bottom yet. If you own, don't sell. Happy to buy if it got just a bit cheaper, when it would be a real steal.

merchandising / lodging
HOLD
Parkland Fuel Corp

Increased dividend 5% recently.
$40 million in buybacks planned.
Leverage high and is putting pressure on the stock.
No catalyst for a higher share price with flat growth.
Better places to allocate capital to.

merchandising / lodging
BUY
Parkland Fuel Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. I Diversification through convenience stores. Not as affected by oil prices as others. Tuck-in acquisitions accretive.
merchandising / lodging
Showing 1 to 15 of 342 entries

Parkland Fuel Corp(PKI-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 8

Stockchase rating for Parkland Fuel Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Parkland Fuel Corp(PKI-T) Frequently Asked Questions

What is Parkland Fuel Corp stock symbol?

Parkland Fuel Corp is a Canadian stock, trading under the symbol PKI-T on the Toronto Stock Exchange (PKI-CT). It is usually referred to as TSX:PKI or PKI-T

Is Parkland Fuel Corp a buy or a sell?

In the last year, 8 stock analysts published opinions about PKI-T. 4 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Parkland Fuel Corp.

Is Parkland Fuel Corp a good investment or a top pick?

Parkland Fuel Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Parkland Fuel Corp.

Why is Parkland Fuel Corp stock dropping?

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.

Is Parkland Fuel Corp worth watching?

8 stock analysts on Stockchase covered Parkland Fuel Corp In the last year. It is a trending stock that is worth watching.

What is Parkland Fuel Corp stock price?

On 2024-04-16, Parkland Fuel Corp (PKI-T) stock closed at a price of $42.82.