
TSE:CTC.A
This summary was created by AI, based on 9 opinions in the last 12 months.
Canadian Tire Corporation Ltd. (CTC.A) has received mixed reviews from various experts, reflecting a range of opinions about its current performance and future potential. Many acknowledge its solid business fundamentals, noting a recent earnings report that demonstrates significant year-over-year growth, with EPS up by 38%. However, concerns about the broader economic environment and consumer sentiment, particularly regarding discretionary spending, have led to warnings about the stock's volatility. While some experts appreciate its turnaround efforts and fair valuation at approximately 15x normalized earnings, others prefer more defensive names in the sector, highlighting the risks inherent in the consumer market. Overall, the consensus leans toward caution, with suggestions to potentially take profits while remaining optimistic about the company's long-term efficacy.
(A Top Pick Mar 13/19, Up 5%) OK company, cheap. 11x earnings. Competition from Amazon. But people still go there. Sportcheck is doing well. Stick with it. It will continue to do well despite e-commerce.
Retail is very challenging going up against the likes of Amazon. He would not be a buyer, there are others who are more aggressive in the online space to compete and in other sectors.
Big line ups at the local stores could be a good sign. Their company is amazingly resilient, especially as people have been predicting their demise with Amazon for so long. You only pay two times earnings and they have good real estate holdings. Continue to hold it.