Raymond James Analysts Reduce Earnings Estimates for CVE:PKT

Parkit Enterprise Inc. (CVE:PKT) – Investment analysts at Raymond James decreased their Q4 2024 EPS estimates for Parkit Enterprise in a research note issued to investors on Monday, January 13th. Raymond James analyst B. Sturges now anticipates that the company will earn $0.00 per share for the quarter, down from their prior estimate of $0.01. The consensus estimate for Parkit Enterprise’s current full-year earnings is $0.03 per share. Raymond James also issued estimates for Parkit Enterprise’s FY2025 earnings at $0.04 EPS.

Parkit Enterprise Stock Performance

Shares of PKT stock opened at C$0.65 on Thursday. The stock has a 50 day simple moving average of C$0.62 and a 200-day simple moving average of C$0.60. Parkit Enterprise has a 1-year low of C$0.47 and a 1-year high of C$0.83. The company has a market cap of C$145.22 million, a price-to-earnings ratio of -32.50 and a beta of 1.97. The company has a debt-to-equity ratio of 116.60, a current ratio of 2.95 and a quick ratio of 5.35.

About Parkit Enterprise

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.