Trades reasonably around 10x PE. They execute well and pays an okay dividend. They spun off their real estate, which helped them. A great Canadian brand and does well in less-populated parts of Canada. There'll be some volatility in some earnings, but this will do well over time.
They've bought brands to help growth, but it's a mature business. Their performance reflects consumer spending. Not excited about it. Little organic growth.
Cheap PE. Over the last 30 years, the stock's traded between a peak of 2.5x book value and a discount of 20% to book. Off peak since May 2021. We're heading into a recession, which won't help retailers and will drive the stock down further.
CTC’A trades at a 9.92x PE, pays a 3.95% dividend yield backed by a safe 33.24% payout ratio. That valuation, by the way, has been the same since last July and is a far cry from July 2020 through June 2021 when it topped 17x. CTC’A is trending above its 50-day moving average of $154.53 and 200-day of $159.03, while the street sees a higher PE of 10.16x. Quarterly revenue growth YOY rose 3.9% and earnings growth 4.6%. Read: Canadian Tire, Savaria & XLI
Whatever you need to buy, it's always an option. Management's done a good job moving competition away from online retailers. Impressive profitability of ROE around 18%, well above TSX average. Strong balance sheet. Expects nice capital appreciation. Yield is 4.30%.
(Analysts’ price target is $186.73)Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. A more pure Canadian stock play. CTC is very well run, and good growth is expected after a small slowdown this year. EPS is 17.03 with a yield of 2.33%. Unlock Premium - Try 5i Free
Canadian Tire Corporation Ltd. (A) is a Canadian stock, trading under the symbol CTC.A-T on the Toronto Stock Exchange (CTC.A-CT). It is usually referred to as TSX:CTC.A or CTC.A-T
In the last year, 12 stock analysts published opinions about CTC.A-T. 6 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian Tire Corporation Ltd. (A).
Canadian Tire Corporation Ltd. (A) was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Tire Corporation Ltd. (A).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
12 stock analysts on Stockchase covered Canadian Tire Corporation Ltd. (A) In the last year. It is a trending stock that is worth watching.
On 2023-06-02, Canadian Tire Corporation Ltd. (A) (CTC.A-T) stock closed at a price of $168.29.
Really likes how it tries to move away from competing with online retailers. A lot of items are larger or seasonal. Shares down from all-time high of $215. Still more to go, you could still buy here. Well managed, nice dividend. A reversion to the mean with a dividend story, not a growth story.