By Ketki Saxena
Investing.com - Major Canadian convenience-retailer Alimentation Couchen Tard Inc A (TSX:ATD) is set to report Q3 earnings today, March 15, after the closing bell.
Earnings per share are estimated at $0.64 on revenue of $17.992 B, compared to EPS $0.56 on revenue of $13.158 B this time last year.
Year to date, ATD stock is down 7.1%, but still up 17.42% for the last 12 months. ATD is currently trading at a P/E ratio of 15.2x. The stock also offers a 0.89% annual dividend yield to investors.
As of 1:10 p.m ET, ATD shares were trading at $48.24, down $0.98 (-1.99%) in the day’s trading, and with a 52 week range of $39.58 - 55.42. Investing Pro Models suggest a Fair Price Target (NYSE:TGT) of $63.60, representing a 31.8% Financial Upside Potential.
All currencies CAD, unless noted otherwise.