CVE:PKT FY2027 EPS Reduced by Raymond James Financial

Parkit Enterprise Inc. (CVE:PKT) – Equities researchers at Raymond James Financial decreased their FY2027 earnings per share (EPS) estimates for shares of Parkit Enterprise in a research note issued to investors on Sunday, November 9th. Raymond James Financial analyst B. Sturges now anticipates that the company will earn $0.05 per share for the year, down from their prior 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%

PKT traded up C$0.02 during mid-day trading on Wednesday, hitting C$0.55. The stock had a trading volume of 82,000 shares, compared to its average volume of 139,854. The stock’s fifty day simple moving average is C$0.57 and its 200-day simple moving average is C$0.54. The firm has a market capitalization of C$119.68 million, a price-to-earnings ratio of 7.86 and a beta of 1.30. Parkit Enterprise has a 1-year low of C$0.33 and a 1-year high of C$0.71. The company has a debt-to-equity ratio of 48.28, a current ratio of 6.17 and a quick ratio of 5.35.

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.