Canadian Tire Co., Limited (TSE:CTC - Free Report) - Equities research analysts at National Bank Financial increased their FY2027 EPS estimates for shares of Canadian Tire in a report released on Thursday, March 27th. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings of $17.82 per share for the year, up from their previous estimate of $17.45. The consensus estimate for Canadian Tire's current full-year earnings is $13.70 per share.
A number of other equities analysts have also recently weighed in on the company. BMO Capital Markets upgraded Canadian Tire from a "hold" rating to a "strong-buy" rating in a report on Thursday, February 20th. Scotiabank set a C$140.00 target price on shares of Canadian Tire and gave the stock an "underperform" rating in a research note on Friday, February 7th.
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Canadian Tire Stock Performance
Canadian Tire stock remained flat at C$208.51 during mid-day trading on Monday. The company had a trading volume of 197 shares, compared to its average volume of 499. Canadian Tire has a 52 week low of C$192.10 and a 52 week high of C$275.36. The company has a quick ratio of 1.15, a current ratio of 1.60 and a debt-to-equity ratio of 150.68. The firm has a market cap of C$7.98 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 0.49 and a beta of 1.33. The business has a 50-day moving average price of C$223.47 and a two-hundred day moving average price of C$222.74.
About Canadian Tire
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Canadian Tire Corporation, Limited, TSX: CTC.A TSX: CTC or 'CTC', is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions.
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