Canadian Tire FY2025 EPS Cut by National Bank Financial

Key Points

• National Bank Financial has lowered its FY2025 earnings per share (EPS) estimate for Canadian Tire to $13.14, down from $13.46, which is below the current consensus estimate of $13.70.
• TD Securities has downgraded Canadian Tire's rating from "strong-buy" to "hold".
• Canadian Tire's stock is currently down 3.2%, with shares opening at C$243.00.

Canadian Tire Co., Limited (TSE:CTC - Free Report) - Investment analysts at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for shares of Canadian Tire in a note issued to investors on Thursday, August 7th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings of $13.14 per share for the year, down from their previous forecast of $13.46. The consensus estimate for Canadian Tire's current full-year earnings is $13.70 per share. National Bank Financial also issued estimates for Canadian Tire's Q4 2025 earnings at $3.98 EPS and Q3 2026 earnings at $3.96 EPS.

Several other research analysts have also recently commented on CTC. BMO Capital Markets cut Canadian Tire from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 8th. TD Securities cut Canadian Tire from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 8th.

Canadian Tire Stock Down 5.3%

CTC traded down C$12.97 on Monday, hitting C$230.03. 213 shares of the company were exchanged, compared to its average volume of 508. Canadian Tire has a twelve month low of C$192.10 and a twelve month high of C$274.01. The company has a market cap of C$8.80 billion, a price-to-earnings ratio of 13.20, a price-to-earnings-growth ratio of 0.49 and a beta of 1.33. The company has a current ratio of 1.60, a quick ratio of 1.15 and a debt-to-equity ratio of 150.68. The firm has a 50-day moving average price of C$258.09 and a two-hundred day moving average price of C$235.86.

Canadian Tire Company Profile

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.