Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Canadian Tire (TSE:CTC.A)
TSX:CTC.A
Holding TSE:CTC.A?
Track your performance easily
CTC.A Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$126.25 - C$160.24
Previous CloseC$158.82
Volume19.95K
Average Volume (3M)221.45K
Market Cap
C$9.07B
Enterprise ValueC$17.89B
Total Cash (Recent Filing)C$597.60M
Total Debt (Recent Filing)C$8.49B
Price to Earnings (P/E)23.0
Beta1.00
Next Earnings
Nov 07, 2024EPS Estimate
C$3.05Next Dividend Ex-Date
Oct 31, 2024Dividend Yield4.44%
Share Statistics
EPS (TTM)6.86
Shares Outstanding55,621,189
10 Day Avg. Volume178,453
30 Day Avg. Volume221,448
Standard Deviation0.08
R-Squared0.54
Alpha-0.00035
Financial Highlights & Ratios
Price to Book (P/B)1.56
Price to Sales (P/S)0.78
Price to Cash Flow (P/CF)4.00
P/FCF Ratio3.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$161.51Price Target Upside1.83% Upside
Rating ConsensusHold
Number of Analyst Covering8
Canadian Tire News
Bulls Say, Bears Say
Bulls Say
EarningsStrong cost control and margin management drove better-than-expected earnings despite sales pressures.
Long-term GrowthValuation largely reflects near-term macro challenges; well-positioned for long-term EPS growth of 8–10% from Triangle loyalty, enhanced data analytics, owned brands and omnichannel capabilities resulting in market share gains.
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
Consumer RecoveryThere is still uncertainty in when/how a consumer recovery unfolds and the stock is at the mid-point of valuation.
Earnings VisibilityExpect further share price volatility until earnings visibility improves.
RevenueExpecting a challenging revenue quarter, mitigated by continuing good expense control.
---
Options Prices
Currently, No data available
---
Ownership Overview
28.30% Insiders
4.69% Mutual Funds
13.05% Other Institutional Investors
53.96% 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$126.25 and its highest was C$160.24 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 Nov 07, 2024 which is in 50 days.
How were Canadian Tire’s earnings last quarter?
Canadian Tire released its earnings results on Aug 08, 2024. The company reported C$3.56 earnings per share for the quarter, beating the consensus estimate of C$2.422 by C$1.138.
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 4.44%. See more information on Canadian Tire dividends here
What is Canadian Tire’s EPS estimate?
Canadian Tire’s EPS estimate is C$3.05.
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$3.56 in its last earnings report, beating expectations of C$2.422. Following the earnings report the stock price went up 7.737%.
Which hedge fund is a major shareholder of Canadian Tire?
Currently, no hedge funds are holding shares in TSE:CTC.A
---
Canadian Tire Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
C$161.51 (1.83% Upside)
C$161.51 (1.83% Upside)
Blogger Sentiment
Bullish
TSE:CTC.A Sentiment 66%
Sector Average 64%
Sector Average 64%
Insider Transactions
Bought Shares
Worth $73.9K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.30%
12-Months-Change
Fundamentals
Return on Equity
6.96%
Trailing 12-Months
Asset Growth
-3.23%
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).
---
CTC.A Company Deck
---
CTC.A Earnings Call
Q2 2024
0:00 / 0:00
---
CTC.A Stock 12 Month Forecast
Average Price Target
C$161.51
▲(1.83% Upside)
Technical Analysis
Best Analysts Covering CTC.A
1 Year
1 Year Success Rate
16/31 ratings generated profit
1 Year Average Return
+15.94%
assigned a buy rating last month
Copying Irene Nattel's trades and holding each position for 1 Year would result in 51.61% of your transactions generating a profit, with an average return of +15.94% per trade.
---