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TSE:CTC.A

Canadian Tire (CTC.A) Stock Price, News & Analysis

Canadian Tire logo
C$151.46 -0.68 (-0.45%)
(As of 11/20/2024 ET)

About Canadian Tire Stock (TSE:CTC.A)

Key Stats

Today's Range
C$151.09
C$152.31
50-Day Range
C$148.17
C$162.09
52-Week Range
C$126.25
C$163.00
Volume
183,167 shs
Average Volume
233,595 shs
Market Capitalization
C$7.91 billion
P/E Ratio
22.11
Dividend Yield
4.62%
Price Target
C$147.89
Consensus Rating
Moderate Buy

Company Overview

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates through three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting equipment, gasoline, sporting goods and active wear, and workwear under the Canadian Tire, SportChek, Sports Experts, National Sports, Pro Hockey Life, Atmosphere, Mark's, PartSource, Gas+, and Helly Hansen banners. This segment also participates in loyalty programs, as well as sells its products online. The CT REIT segment operates as a closed-end real estate investment trust that holds a portfolio of properties comprising Canadian Tire stores, Canadian Tire anchored retail developments, mixed-use commercial property, and distribution centers. The Financial Services segment provides financial and other ancillary products and services, including credit cards, in-store financing, insurance products, and retail and broker deposits; and savings accounts and guaranteed investment certificates. The company was founded in 1922 and is headquartered in Toronto, Canada.

Canadian Tire Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
31st Percentile Overall Score

CTC.A MarketRank™: 

Canadian Tire scored higher than 31% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Canadian Tire has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Canadian Tire has only been the subject of 1 research reports in the past 90 days.

  • Read more about Canadian Tire's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Canadian Tire is 22.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Canadian Tire is 22.11, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 384.07.

  • Price to Earnings Growth Ratio

    Canadian Tire has a PEG Ratio of 0.35. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Canadian Tire has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for CTC.A.
  • Dividend Leadership

    Canadian Tire is a leading dividend payer. It pays a dividend yield of 4.43%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Canadian Tire does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Canadian Tire is 102.19%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Canadian Tire's dividend.
  • Short Interest

    There is no current short interest data available for CTC.A.
  • News Sentiment

    Canadian Tire has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Cyclical companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Canadian Tire this week, compared to 2 articles on an average week.
  • Search Interest

    4 people have searched for CTC.A on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added Canadian Tire to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Canadian Tire insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.90% of the stock of Canadian Tire is held by insiders.

  • Percentage Held by Institutions

    Only 33.97% of the stock of Canadian Tire is held by institutions.

  • Read more about Canadian Tire's insider trading history.
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CTC.A Stock News Headlines

Canadian Tire: Hanging In There
Canadian Tire (TSE:CTC.A) Given New C$165.00 Price Target at CIBC
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Canadian Tire Reports Q3 2024 Earnings and Dividend Boost
Canadian Market Extending Recent Gains
See More Headlines

CTC.A Stock Analysis - Frequently Asked Questions

Canadian Tire's stock was trading at C$140.72 at the beginning of 2024. Since then, CTC.A shares have increased by 7.6% and is now trading at C$151.46.
View the best growth stocks for 2024 here
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Shares of CTC.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Industry, Sector and Symbol

Industry
Specialty Retail
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
13,735
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$147.89
High Stock Price Target
C$192.00
Low Stock Price Target
C$37.00
Potential Upside/Downside
-2.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
C$381.70 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$16.35 billion
Cash Flow
C$8.47 per share
Book Value
C$101.83 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.91 billion
Optionable
Not Optionable
Beta
1.33
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This page (TSE:CTC.A) was last updated on 11/21/2024 by MarketBeat.com Staff
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