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

Company Overview

Canadian Tire Corporation, Limited (TSX: CTC.A, TSX: CTC, "CTC") has been a proudly Canadian business since 1922. Guided by its brand purpose, "We are here to make life in Canada better," CTC has built an expansive national retail presence, exceptional customer brand trust and one of Canada's strongest workforces - employing, along with its local Dealers and franchisees, tens of thousands of Canadians. At its core are retail businesses, each designed to serve life's pursuits: Canadian Tire, offering products spanning Living, Playing, Fixing, Automotive, and Seasonal & Gardening, bolstered by notable banners Party City and PartSource; Mark's, a leading source for casual and industrial wear; SportChek, Hockey Experts, Sports Experts and Atmosphere, offering the best brands of active wear and gear; and Pro Hockey Life, a hockey specialty store catering to elite players.

Key Stats

• Today's Range: C$195.49 to C$198.93
• 50-Day Range: C$179.13 to C$207.00
• 52-Week Range: C$159.20 to C$208.08
• Volume: 119,845 shs
• Average Volume: 227,245 shs
• Market Capitalization: C$10.35 billion
• P/E Ratio: 18.01
• Dividend Yield: 3.59%
• Price Target: C$204.00
• Consensus Rating: Hold

Canadian Tire Stock Analysis - MarketRank™

Canadian Tire scored higher than 60% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Hold

Consensus Rating

Canadian Tire has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 3 buy ratings, 6 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Canadian Tire is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Canadian Tire has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Tire is 17.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.77.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian Tire is 17.83, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 46.76.

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 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

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

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Canadian Tire is a leading dividend payer. It pays a dividend yield of 3.59%, 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 64.66%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.35

News Sentiment

Canadian Tire has a news sentiment score of 0.35. 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 is a lower news sentiment than the 0.69 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 26 news articles for Canadian Tire this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

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

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

Percentage Held by Institutions

32.43% of the stock of Canadian Tire is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Discretionary
• Industry: Broadline Retail
• Sub-Industry: Broadline Retail
• Current Symbol: TSE:CTC.A
• CIK: N/A
• Web: www.canadiantire.ca
• Phone: +1-416-4808725
• Fax: N/A
• Employees: 13,735
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Canadian Tire: C$204.00
• High Price Target: C$230.00
• Low Price Target: C$180.00
• Potential Upside/Downside: +3.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): C$11.02
• Trailing P/E Ratio: 17.89
• Forward P/E Ratio: 14.45
• P/E Growth: 0.35
• Net Income: C$381.70 million
• Net Margins: 2.33%
• Pretax Margin: N/A
• Return on Equity: 7.45%
• Return on Assets: 3.90%

Debt

• Debt-to-Equity Ratio: 173.58
• Current Ratio: 1.79
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: C$16.53 billion
• Price / Sales: 0.62
• Cash Flow: C$11.02 per share
• Price / Cash Flow: 17.89
• Book Value: C$101.83 per share
• Price / Book: 1.94

Miscellaneous

• Outstanding Shares: 52,153,000
• Free Float: N/A
• Market Cap: C$10.28 billion
• Optionable: Not Optionable
• Beta: 1.04