CVE:PKT FY2027 EPS Estimate Cut by Raymond James Financial

Parkit Enterprise Inc. (CVE:PKT) – Equities research analysts at Raymond James Financial cut their FY2027 earnings per share estimates for shares of Parkit Enterprise in a research report issued to clients and investors on Sunday, November 9th. Raymond James Financial analyst B. Sturges now anticipates that the company will post earnings of $0.05 per share for the year, down from their previous forecast of $0.06. The consensus estimate for Parkit Enterprise’s current full-year earnings is $0.03 per share.

Parkit Enterprise Trading Up 3.8%

CVE PKT opened at C$0.55 on Wednesday. The firm has a 50 day simple moving average of C$0.57 and a 200-day simple moving average of C$0.54. The company has a debt-to-equity ratio of 48.28, a quick ratio of 5.35 and a current ratio of 6.17. Parkit Enterprise has a one year low of C$0.33 and a one year high of C$0.70. The firm has a market cap of C$118.62 million, a price-to-earnings ratio of 6.88 and a beta of 1.30.

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.