Raymond James Predicts Weaker Earnings for Parkit Enterprise

Parkit Enterprise Inc. (CVE:PKT) – Research analysts at Raymond James lowered their Q4 2024 EPS estimates for shares of Parkit Enterprise in a research report issued to clients and investors on Monday, January 13th. Raymond James analyst B. Sturges now expects that the company will earn $0.00 per share for the quarter, down from their previous 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 Trading Down 1.4 %

Shares of CVE PKT opened at C$0.69 on Thursday. Parkit Enterprise has a fifty-two week low of C$0.47 and a fifty-two week high of C$0.83. The company has a debt-to-equity ratio of 116.60, a quick ratio of 5.35 and a current ratio of 2.95. The company has a market cap of C$154.16 million, a price-to-earnings ratio of -34.50 and a beta of 1.97. The business’s 50 day moving average price is C$0.62 and its 200-day moving average price is C$0.60.

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.