Sound bite for Twitter and StockTwits is: Dividend Growth Industrial. It lately did well, but I have to question if the stock price happens to be too high for a buy. Debt Ratios give it a vulnerability. See my spreadsheet on Parkland Fuel Corp. I really do not own this stock of Parkland Fuel Corp (TSX-PKI, OTC-PKIUF).
When I had been upgrading my spreadsheet, I pointed out that this company is doing well recently. Revenue, Earnings and CASHFLOW have gone up over the past 2 years as has the stock price. The ongoing company used to be money trust and changed into a corporation this year 2010. In 2011 dividends were cut 19% that year.
They started to increase dividends again in 2013 but increases have been quite low. The dividend produces have been moderate to good. The existing dividend is 2.86%. The 5, 10 and historical dividend produces are 4.37%, 5.48% and 7.44%. Income trust have higher dividend yields than companies always. The Dividend Payout Ratios are just good for the first time in 2018. The DPR for EPS for 2018 is 76% with 5 yr coverage at 146%. The DPR for EPS has always been too high.
You can do this for income trust, but it generally does not work for companies. Debt Ratios are fine, but I’d like better ones. THE FULL TOTAL Return per 12 months is shown below for a long time of 5 to 22 to the finish of 2018. Beneath the Capital Gain column is the part of the full total Return attributable to capital gains.
Under the Dividend column is the part of the Total Return due to dividends. From Years Div. Gth Tot Ret Cap Gain Div. 1.95. This stock price tests suggests that the stock price is relatively reasonable with the median. 41.79. This stock price testing suggests that the stock price is affordable and below the median relatively.
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14.80. This stock price testing suggests that the stock price is relatively acceptable and at the median. 41.79. The current produce is 53% below the modified historical median yield. This stock price tests shows that the stock price is relatively expensive. 86.77. The existing ratio is some 35% above the 10 season median percentage.
This stock price assessment shows that the stock price is relatively expensive. Results of stock price screening would be that the stock price is fair to expensive. I can disregard the Dividend Yield test as the corporation was money trust company plus they tend to have very high dividend produces.
I cannot ignore the P/S Ratio test which also shows the stock at a pricey price. Is it a good company at a good price? I believe it is a good company, but I’d would rather see better revenue and better dividend development. I question also about the stock price also.
The stock proceeded to go up 28% last year and so far, it has increased by 21% this season. It might be a stock to watch, but might not be the time to buy now. When I look at analysts’ recommendations, I find Strong Buy (2), Buy (5) and Hold (2). The consensus will be a Buy. See what experts say on Stock Chase.
They prefer to company but one feels that have hit their price ceiling. Matt Smith on Motley Fool. He says that Parkland is an extremely attractive candidate for investors wanting to maximize their profits and build prosperity as fast as possible. A article writer on Simply Wall Street says that the CEO’s pay is just about the median for its industry. Parkland Gas Corp distributes and market segments lubricants and fuels. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Its web site is Parkland Fuel Corp here.