Canadian Tire (CDNAF) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Canadian Tire is expected to report quarterly results before the market opens on Thursday, May 14, with analysts forecasting $1.27 EPS and $2.5543 billion in revenue.
• Shares opened at $139.22 and trade in a one‑year range of $102.83–$152.90; the company has a market cap of $7.37 billion and a PE ratio of 43.37.
• The consensus analyst rating is Hold with an average price target of $205, and recent activity includes Scotiabank upgrading the stock from "Underperform" to "Sector Perform."

Canadian Tire (OTCMKTS:CDNAF - Get Free Report) is anticipated to issue its results before the market opens on Thursday, May 14th. Analysts expect the company to announce earnings of $1.27 per share and revenue of $2.5543 billion for the quarter.

Canadian Tire Stock Up 1.0%

CDNAF opened at $139.22 on Thursday. Canadian Tire has a 1-year low of $102.83 and a 1-year high of $152.90. The stock's fifty day simple moving average is $138.42 and its 200 day simple moving average is $129.54. The company has a current ratio of 1.83, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. The stock has a market cap of $7.37 billion and a PE ratio of 43.37.

Analyst Ratings Changes

CDNAF has been the topic of a number of research analyst reports. Scotiabank upgraded Canadian Tire from an "underperform" rating to a "sector perform" rating in a research note on Friday, February 20th. TD Securities reiterated a "hold" rating and set a $205.00 price objective on shares of Canadian Tire in a research report on Friday, February 20th. BMO Capital Markets reiterated a "market perform" rating on shares of Canadian Tire in a research report on Friday, February 20th. Finally, Canadian Imperial Bank of Commerce reiterated a "neutral" rating on shares of Canadian Tire in a research report on Friday, February 20th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $205.00.

Canadian Tire Company Profile

Canadian Tire Corporation, Limited is a diversified Canadian retail company founded in Toronto in 1922 by John William Billes and Alfred Jackson Billes. Headquartered in Toronto, Ontario, the company operates a network of retail stores, digital channels and petroleum outlets across Canada. Through its integrated business model, Canadian Tire serves both urban and rural markets with a broad selection of products and services.

The company’s retail segment comprises its flagship Canadian Tire stores and branded gas bars, offering automotive parts and maintenance services, hardware and home improvement supplies, sports and leisure equipment, and seasonal merchandise.

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