FY2025 EPS Estimates for Parkit Enterprise Raised by Cormark

Parkit Enterprise Inc. (CVE:PKT) – Research analysts at Cormark upped their FY2025 EPS estimates for shares of Parkit Enterprise in a report released on Tuesday, November 19th. Cormark analyst S. Srinivas now forecasts that the company will post earnings per share of $0.04 for the year, up from their previous 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.

Other research analysts have also recently issued reports about the company. Raymond James cut Parkit Enterprise from a “moderate buy” rating to a “hold” rating in a research note on Sunday, August 11th. Scotiabank reduced their target price on shares of Parkit Enterprise from C$0.75 to C$0.60 and set a “sector perform” rating for the company in a report on Wednesday, August 14th.

Parkit Enterprise Stock Performance

Shares of PKT stock opened at C$0.67 on Thursday. The stock has a 50-day moving average of C$0.67 and a 200-day moving average of C$0.59. The company has a debt-to-equity ratio of 116.60, a current ratio of 2.95 and a quick ratio of 5.35. The stock has a market cap of C$149.69 million, a PE ratio of -33.50 and a beta of 1.97. Parkit Enterprise has a one year low of C$0.47 and a one year high of C$0.83.

Insider Activity at Parkit Enterprise

In other news, Director Robert Blair Tamblyn sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of C$0.67, for a total value of C$40,200.00. Also, Director Bradley Roy Dunkley acquired 1,000,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were bought at an average price of C$0.70 per share, with a total value of C$699,800.00. Insiders have bought 1,036,000 shares of company stock valued at $723,080 over the last three months. 39.47% of the stock is owned by insiders.

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.