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Canadian Tire (TSE:CTC.A)
TSX:CTC.A
Canadian Tire (CTC.A) Stock Price & Analysis
510 Followers
CTC.A Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$124.63 - C$181.12
Previous CloseC$140.29
Volume70.62K
Average Volume (3M)220.15K
Market Cap
C$8.06B
Enterprise ValueC$17.38B
Total Cash (Recent Filing)C$584.10M
Total Debt (Recent Filing)C$8.46B
Price to Earnings (P/E)27.7
Beta0.92
Next Earnings
Aug 08, 2024EPS Estimate
C$2.51Next Dividend Ex-Date
Jul 31, 2024Dividend Yield5.04%
Share Statistics
EPS (TTM)5.05
Shares Outstanding55,621,189
10 Day Avg. Volume187,793
30 Day Avg. Volume220,146
Standard Deviation0.08
R-Squared0.54
Alpha-0.00213
Financial Highlights & Ratios
Price to Book (P/B)4.32
Price to Sales (P/S)0.40
Price to Cash Flow (P/CF)-106.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$152.76Price Target Upside8.89% Upside
Rating ConsensusHold
Number of Analyst Covering8
Canadian Tire News
Bulls Say, Bears Say
Bulls Say
Customer EngagementThe more CTM that is issued, the more it should drive customers to CTC's retail network as 90% of issued CTM are redeemed within a year.
Financial PerformanceCTR posted solid 1Q SSSG of -0.6% (vs estimate/consensus of -3%/-2%), with stable traffic reflecting CTR’s diversified product mix with high-margin automotive (~24% of sales) up 7% and seasonal/gardening (~21% of sales) up 3%.
Loyalty ProgramThe Triangle credit card is critical to CTC's loyalty program: 75% of Canadian Tire Money (CTM) is generated from the credit card.
Bears Say
Earnings1Q is expected to be another tough quarter, reflecting cautious consumer discretionary spending, limited dealer inventory replenishment, and higher net impairment losses and funding costs for Financial Services.
Sales ProjectionsEstimates assume a decline of -13% y/y in retail sales due to softer sales and uncertainty in the Canadian consumer.
ValuationBased on revised forecasts, the current stock price is no longer compelling with valuation at the mid-point of its historical range.
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Options Prices
Currently, No data available
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Ownership Overview
28.30% Insiders
4.73% Mutual Funds
13.01% Other Institutional Investors
53.97% Public Companies and
Individual Investors
CTC.A FAQ
What was Canadian Tire’s price range in the past 12 months?
Canadian Tire lowest stock price was C$124.63 and its highest was C$181.12 in the past 12 months.
What is Canadian Tire’s market cap?
Currently, no data Available
When is Canadian Tire’s upcoming earnings report date?
Canadian Tire’s upcoming earnings report date is Aug 08, 2024 which is in 17 days.
How were Canadian Tire’s earnings last quarter?
Canadian Tire released its earnings results on May 09, 2024. The company reported C$1.38 earnings per share for the quarter, beating the consensus estimate of C$0.685 by C$0.695.
Is Canadian Tire overvalued?
According to Wall Street analysts Canadian Tire’s price is currently Undervalued.
Does Canadian Tire pay dividends?
Canadian Tire pays a Quarterly dividend of C$1.75 which represents an annual dividend yield of 5.04%. See more information on Canadian Tire dividends here
What is Canadian Tire’s EPS estimate?
Canadian Tire’s EPS estimate is C$2.51.
How many shares outstanding does Canadian Tire have?
Canadian Tire has 52,197,823 shares outstanding.
What happened to Canadian Tire’s price movement after its last earnings report?
Canadian Tire reported an EPS of C$1.38 in its last earnings report, beating expectations of C$0.685. Following the earnings report the stock price went up 6.86%.
Which hedge fund is a major shareholder of Canadian Tire?
Currently, no hedge funds are holding shares in TSE:CTC.A
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Canadian Tire Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$152.76 (8.89% Upside)
C$152.76 (8.89% Upside)
Blogger Sentiment
Bullish
TSE:CTC.A Sentiment 75%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $93.4K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.21%
12-Months-Change
Fundamentals
Return on Equity
5.20%
Trailing 12-Months
Asset Growth
1.20%
Trailing 12-Months
Company Description
Canadian Tire
Canadian Tire sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories, and vehicle fuel through a 1,700-store network of company, dealer, and franchisee-operated locations across Canada. Aside from the namesake banner, stores operate primarily under the Mark's, SportChek, Atmosphere, and PartSource monikers. The company acquired Helly Hansen, a Norwegian sportswear and workwear brand, in 2018. The firm also operates and holds majority ownership of a financing arm (Canadian Tire Financial Services; 20% owned by Scotiabank) and a REIT (CT REIT; Canadian Tire owns about 70% of the unit).
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CTC.A Company Deck
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CTC.A Earnings Call
Q1 2024
0:00 / 0:00
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CTC.A Stock 12 Month Forecast
Average Price Target
C$152.76
▲(8.89% Upside)
Technical Analysis
Best Analysts Covering CTC.A
1 Year
1 Year Success Rate
13/30 ratings generated profit
1 Year Average Return
+13.81%
assigned a buy rating 7 days ago
Copying Irene Nattel's trades and holding each position for 1 Year would result in 43.33% of your transactions generating a profit, with an average return of +13.81% per trade.
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