Canadian Tire Corporation Ltd. (A)

CTC.A-T

TSE:CTC.A

152.41
4.51 (3.05%)
Canadian Tire Corporation, Limited is a Canadian retail company which sells a wide range of automotive, hardware, sports and leisure, and home products. Some stores also sell toys and food products.
More at Wikipedia

Analysis and Opinions about CTC.A-T

Signal
Opinion
Expert
WATCH
WATCH
August 21, 2020
They have a multi-brand retail platform with well recognized brands. The retail offering is less compelling compared to their competition. It could be a value trap with 10x forward earnings. It could take them longer to strengthen their online offering.
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They have a multi-brand retail platform with well recognized brands. The retail offering is less compelling compared to their competition. It could be a value trap with 10x forward earnings. It could take them longer to strengthen their online offering.
BUY WEAKNESS
BUY WEAKNESS
June 5, 2020
He has never purchased this, even though watching it for along time. The recent price rebound may be getting ahead of itself again, he thinks. The company has good assets and strategy, but is fighting an uphill battle in how retail is changing. They have done a good job on the dividend yield given how mature the company is. Not what he is looking for now at this valuation.
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He has never purchased this, even though watching it for along time. The recent price rebound may be getting ahead of itself again, he thinks. The company has good assets and strategy, but is fighting an uphill battle in how retail is changing. They have done a good job on the dividend yield given how mature the company is. Not what he is looking for now at this valuation.
HOLD
HOLD
June 3, 2020

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.

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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.

WATCH
WATCH
May 21, 2020
The dividend looks fine & safe. The story looks good. The general franchises do curb side pickup. The valuation looks okay. He does not have any consumer stocks yet but this one he considered.
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The dividend looks fine & safe. The story looks good. The general franchises do curb side pickup. The valuation looks okay. He does not have any consumer stocks yet but this one he considered.
DON'T BUY
DON'T BUY
May 5, 2020

Doesn't follow it. Their high debt concerns him and there's a drop in shopping demand to their stores. Dollarama and ATD'B also carry debt, but are allowed to stay open and enjoy consumer sales. Compare these two to CTC.

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Doesn't follow it. Their high debt concerns him and there's a drop in shopping demand to their stores. Dollarama and ATD'B also carry debt, but are allowed to stay open and enjoy consumer sales. Compare these two to CTC.

WEAK BUY
WEAK BUY
April 28, 2020
It's tempting to buy it now when it's down, and its PE has been reasonable for a while. Most stores have been open, which helps them. But they face online competition. Retail is not his favourite sector, but CTC is managed well and should do well. A safe bet. But Mark's Work Warehouse has been affected, though online sales will partially offset that hit. CTC is not on his radar tough.
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It's tempting to buy it now when it's down, and its PE has been reasonable for a while. Most stores have been open, which helps them. But they face online competition. Retail is not his favourite sector, but CTC is managed well and should do well. A safe bet. But Mark's Work Warehouse has been affected, though online sales will partially offset that hit. CTC is not on his radar tough.
PAST TOP PICK
PAST TOP PICK
February 20, 2020

(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.

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(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.

BUY
BUY
February 18, 2020
They excel with businesses they own Marks Work Warehouse and Sportcheck. The franchise system is working great; CTC is franchise-driven. A premier retail name in Canada. Strong all around.
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They excel with businesses they own Marks Work Warehouse and Sportcheck. The franchise system is working great; CTC is franchise-driven. A premier retail name in Canada. Strong all around.
DON'T BUY
DON'T BUY
February 10, 2020
They have lack of growth in Canada; and they've done a poor job of online selling. Some acquisitions have worked like Marks Work Warehouse, but not others. The valuation is alright, but no growth here. As for the real estate holdings, the stores sit on those properties so what to do with them? Look what happened to the Bay.
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They have lack of growth in Canada; and they've done a poor job of online selling. Some acquisitions have worked like Marks Work Warehouse, but not others. The valuation is alright, but no growth here. As for the real estate holdings, the stores sit on those properties so what to do with them? Look what happened to the Bay.
DON'T BUY
DON'T BUY
February 5, 2020

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.

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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.

COMMENT
COMMENT
January 31, 2020
The company and the stock has suffered because people feel Rona, Lowes and Home Depot will trampled them. One of the things they have is great locations. They are located in places other big-box stores can't get in. They are also very competitive and they have great selections for new Canadians. They are well positioned to compete with others. The stores are individually managed so they have a lot of say what is on their shelves.
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The company and the stock has suffered because people feel Rona, Lowes and Home Depot will trampled them. One of the things they have is great locations. They are located in places other big-box stores can't get in. They are also very competitive and they have great selections for new Canadians. They are well positioned to compete with others. The stores are individually managed so they have a lot of say what is on their shelves.
DON'T BUY
DON'T BUY
January 28, 2020
He likes the brand, but he doesn't own retail REITs now. They are challenged. He prefers an industrial company in REITs.
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He likes the brand, but he doesn't own retail REITs now. They are challenged. He prefers an industrial company in REITs.
DON'T BUY
DON'T BUY
January 22, 2020
It's struggling, because e-retailing will continue to take a big bite out of traditional retailers. CTC has performed respectably with decent same-store sales, but hasn't been executing well overall.
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It's struggling, because e-retailing will continue to take a big bite out of traditional retailers. CTC has performed respectably with decent same-store sales, but hasn't been executing well overall.
PARTIAL BUY
PARTIAL BUY
January 20, 2020
He worked there for 6 months at age 18 in plumbing. It has been a very good story recently and a good dividend payer. The growth side of this story is behind us. It has peaked out into strength for three years now. He would prefer to own it close to the lows. No more than half a position.
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He worked there for 6 months at age 18 in plumbing. It has been a very good story recently and a good dividend payer. The growth side of this story is behind us. It has peaked out into strength for three years now. He would prefer to own it close to the lows. No more than half a position.
DON'T BUY
DON'T BUY
January 7, 2020
The chart's been suffering, heading sharply down in late-2019 after a short report warning of weak online sales. Seasonally, CTC does poorly in January, its weakest month; retail pulls back in January. Look at CTC if this reaches $160.
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The chart's been suffering, heading sharply down in late-2019 after a short report warning of weak online sales. Seasonally, CTC does poorly in January, its weakest month; retail pulls back in January. Look at CTC if this reaches $160.
Showing 1 to 15 of 314 entries

Canadian Tire Corporation Ltd. (A)(CTC.A-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 9

Total Signals / Votes : 16

Stockchase rating for Canadian Tire Corporation Ltd. (A) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canadian Tire Corporation Ltd. (A)(CTC.A-T) Frequently Asked Questions

What is Canadian Tire Corporation Ltd. (A) stock symbol?

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

Is Canadian Tire Corporation Ltd. (A) a buy or a sell?

In the last year, 16 stock analysts published opinions about CTC.A-T. 6 analysts recommended to BUY the stock. 9 analysts recommended to SELL the stock. The latest stock analyst recommendation is WATCH. Read the latest stock experts' ratings for Canadian Tire Corporation Ltd. (A).

Is Canadian Tire Corporation Ltd. (A) a good investment or a top pick?

Canadian Tire Corporation Ltd. (A) was recommended as a Top Pick by Chris Blumas on 2020-08-21. Read the latest stock experts ratings for Canadian Tire Corporation Ltd. (A).

Why is Canadian Tire Corporation Ltd. (A) stock dropping?

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.

Is Canadian Tire Corporation Ltd. (A) worth watching?

16 stock analysts on Stockchase covered Canadian Tire Corporation Ltd. (A) In the last year. It is a trending stock that is worth watching.

What is Canadian Tire Corporation Ltd. (A) stock price?

On 2020-10-19, Canadian Tire Corporation Ltd. (A) (CTC.A-T) stock closed at a price of $152.41.