Canadian Tire Co., Limited (TSE:CTC - Get Free Report)'s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$237.11 and traded as low as C$231.00. Canadian Tire shares last traded at C$231.00, with a volume of 440 shares traded.
Canadian Tire Stock Performance
The company has a debt-to-equity ratio of 186.00, a quick ratio of 1.15 and a current ratio of 1.76. The business's 50-day moving average is C$237.11 and its 200-day moving average is C$253.80. The company has a market capitalization of C$790.02 million, a PE ratio of 45.83, a PEG ratio of 3.55 and a beta of 1.37.
Canadian Tire (TSE:CTC - Get Free Report) last released its earnings results on Thursday, May 9th. The company reported C$1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.79 by C$0.59. The firm had revenue of C$3.52 billion during the quarter, compared to analyst estimates of C$3.51 billion. Canadian Tire had a net margin of 1.71% and a return on equity of 5.97%. On average, research analysts anticipate that Canadian Tire Co., Limited will post 11.9521912 earnings per share for the current year.
Canadian Tire Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Sunday, September 1st. Shareholders of record on Wednesday, July 31st will be issued a $1.75 dividend. This represents a $7.00 annualized dividend and a yield of 3.03%. The ex-dividend date of this dividend is Wednesday, July 31st. Canadian Tire's dividend payout ratio (DPR) is 138.89%.
About Canadian Tire
(
Get Free Report)
Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services and roadside assistance; electrical, hardware, home environment, paint, plumbing, and tool products; cleaning, food & drink, home décor, home essentials, home organization, kitchen, and pet care products; camping, exercise, hockey, hunting, fishing, seasonal recreation, and team sports and golf products; and backyard living, backyard fun, cycling, gardening, outdoor tools, seasonal, and toy products.
Featured Stories
Before you consider Canadian Tire, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian Tire wasn't on the list.
While Canadian Tire currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
