Desjardins Issues Negative Forecast for TSE:ATD Earnings

Alimentation Couche-Tard Inc. (TSE:ATD - Free Report) - Desjardins lowered their Q2 2026 EPS estimates for shares of Alimentation Couche-Tard in a note issued to investors on Wednesday, September 3rd. Desjardins analyst C. Li now forecasts that the company will post earnings per share of $0.98 for the quarter, down from their previous forecast of $0.99. Desjardins has a "Buy" rating and a $80.00 price target on the stock. The consensus estimate for Alimentation Couche-Tard's current full-year earnings is $4.04 per share. Desjardins also issued estimates for Alimentation Couche-Tard's Q4 2026 earnings at $0.76 EPS.Several other research analysts have also issued reports on the stock. Royal Bank Of Canada lowered their price target on shares of Alimentation Couche-Tard from C$94.00 to C$91.00 and set an "outperform" rating for the company in a report on Wednesday, September 3rd. Scotiabank raised their price target on shares of Alimentation Couche-Tard from C$78.00 to C$84.00 and gave the stock an "outperform" rating in a report on Thursday. BMO Capital Markets raised their price target on shares of Alimentation Couche-Tard from C$75.00 to C$78.00 in a report on Thursday. JPMorgan Chase & Co. lowered their price target on shares of Alimentation Couche-Tard from C$88.00 to C$84.00 and set an "outperform" rating for the company in a report on Tuesday, June 10th. Finally, Jefferies Financial Group lowered their price target on shares of Alimentation Couche-Tard from C$90.00 to C$87.00 and set a "buy" rating for the company in a report on Friday, June 27th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Alimentation Couche-Tard currently has an average rating of "Buy" and an average price target of C$85.31.Read Our Latest Stock Analysis on ATDAlimentation Couche-Tard Stock Up 2.9%Alimentation Couche-Tard stock opened at C$76.24 on Monday. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. Alimentation Couche-Tard has a 52-week low of C$65.95 and a 52-week high of C$83.73. The firm has a 50 day moving average price of C$70.90 and a two-hundred day moving average price of C$70.80. The firm has a market cap of C$71.71 billion, a price-to-earnings ratio of 28.24, a PEG ratio of 1.35 and a beta of 0.34. Alimentation Couche-Tard Dividend AnnouncementThe business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 25th will be paid a $0.195 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.78 annualized dividend and a dividend yield of 1.0%. Alimentation Couche-Tard's payout ratio is currently 20.27%. About Alimentation Couche-Tard (Get Free Report)Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals.Read MoreFive stocks we like better than Alimentation Couche-Tard5 Top Rated Dividend Stocks to ConsiderUnion Pacific: Laying the Tracks for America's Industrial RenewalHow to Calculate Return on Investment (ROI)TransDigm’s Edge: From Spare Parts to Sky-High ProfitsAsset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?Spire Global: Tiny Satellites, Big Buy Ratings and Upside This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Alimentation Couche-Tard Right Now?Before you consider Alimentation Couche-Tard, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alimentation Couche-Tard wasn't on the list.While Alimentation Couche-Tard currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here