FY2025 EPS Estimate for Parkit Enterprise Lifted by Analyst

Parkit Enterprise Inc. (CVE:PKT) – Cormark upped their FY2025 earnings per share (EPS) estimates for shares of Parkit Enterprise in a report issued on Tuesday, November 19th. Cormark analyst S. Srinivas now forecasts that the company will post earnings of $0.04 per share for the year, up from their prior estimate of $0.03. The consensus estimate for Parkit Enterprise’s current full-year earnings is $0.03 per share. Cormark also issued estimates for Parkit Enterprise’s Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.01 EPS and FY2026 earnings at $0.04 EPS.

Several other brokerages have also commented on PKT. Scotiabank cut their target price on Parkit Enterprise from C$0.75 to C$0.60 and set a “sector perform” rating on the stock in a research report on Wednesday, August 14th. Raymond James lowered Parkit Enterprise from a “moderate buy” rating to a “hold” rating in a research report on Sunday, August 11th.

Parkit Enterprise Trading Up 1.5 %

CVE PKT opened at C$0.67 on Thursday. The business’s 50-day moving average price is C$0.67 and its two-hundred day moving average price is C$0.59. Parkit Enterprise has a 12 month low of C$0.47 and a 12 month high of C$0.83. The firm has a market capitalization of C$149.69 million, a PE ratio of -33.50 and a beta of 1.97. The company has a current ratio of 2.95, a quick ratio of 5.35 and a debt-to-equity ratio of 116.60.

Insider Transactions at Parkit Enterprise

In other news, Director Robert Blair Tamblyn sold 60,000 shares of the business’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of C$0.67, for a total value of C$40,200.00. Also, Director Bradley Roy Dunkley bought 1,000,000 shares of the stock in a transaction dated Tuesday, October 1st. The stock was bought at an average cost of C$0.70 per share, with a total value of C$699,800.00. Insiders purchased 1,036,000 shares of company stock valued at $723,080 over the last three months. Company insiders own 39.47% of the company’s stock.

Parkit Enterprise Company Profile

Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States.