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Canadian Tire Corporation Ltd. (A)

CTC.A-T

TSE:CTC.A

195.26
1.15 (0.59%)
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
Chart
BUY
BUY
September 10, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They have survived competition and recessions. They are well positioned. Stock price remains cheap at 11x earnings. The dividend has grown nicely. Balance sheet looks okay with the last quarter showing 30% better than expected on EPS. Unlock Premium - Try 5i Free

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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They have survived competition and recessions. They are well positioned. Stock price remains cheap at 11x earnings. The dividend has grown nicely. Balance sheet looks okay with the last quarter showing 30% better than expected on EPS. Unlock Premium - Try 5i Free

Stockchase Insights
Price
$192.810
Owned
_N/A
HOLD
HOLD
July 8, 2021
They've been awfully impressive this last year. They have limited growth, being stuck in Canada. Good dividend. If he owned it, he'd hold. Other areas of the market have more upside. One you don't lose sleep over. They have capital to make some kind of acquisition.
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They've been awfully impressive this last year. They have limited growth, being stuck in Canada. Good dividend. If he owned it, he'd hold. Other areas of the market have more upside. One you don't lose sleep over. They have capital to make some kind of acquisition.
John Zechner
Price
$191.250
Owned
No
WAIT
WAIT
June 25, 2021
Durable goods has had a boom. We are probably past the best point of that. Would be cautious on their YOY trend. This drives the momentum in the stock price. Faster money investors hop on the trend and leaves to push down the price. The dividend has improved and increased at a good pace. There could be an intersection where share prices fall and dividends increase. Start a position when this happens.
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Durable goods has had a boom. We are probably past the best point of that. Would be cautious on their YOY trend. This drives the momentum in the stock price. Faster money investors hop on the trend and leaves to push down the price. The dividend has improved and increased at a good pace. There could be an intersection where share prices fall and dividends increase. Start a position when this happens.
Ryan Bushell
Price
$195.820
Owned
No
WAIT
WAIT
May 5, 2021
Tends to perform well in late January into April, which it did this year. Recent pullback. Well positioned in terms of products. Click and collect set the trend. Hold off right now. During its next seasonality, it should perform well.
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Tends to perform well in late January into April, which it did this year. Recent pullback. Well positioned in terms of products. Click and collect set the trend. Hold off right now. During its next seasonality, it should perform well.
Brooke Thackray
Price
$196.760
Owned
Unknown
TOP PICK
TOP PICK
April 12, 2021
Pays a 2.5% dividend, but generates a lot of cash flow at 17.1% cash flow yield. Earnings to grow 14% in 2022 or 11.7x PE. Analysts have bumped up earnings estimates by 2% in the past 90 days. An analyst today said this is trading at historic oversold levels in the past decade. (Analysts’ price target is $190.58)
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Pays a 2.5% dividend, but generates a lot of cash flow at 17.1% cash flow yield. Earnings to grow 14% in 2022 or 11.7x PE. Analysts have bumped up earnings estimates by 2% in the past 90 days. An analyst today said this is trading at historic oversold levels in the past decade. (Analysts’ price target is $190.58)
Robert McWhirter
Price
$187.040
Owned
Yes
HOLD
HOLD
March 2, 2021

When Walmart arrived in Canada, he felt that CTC was untouchable. It's the go-to place for smaller Canadian communities. Their stores remained open during the lockdown. CTC is trading around $165 and is a solid hold. As the economy reopens, people will spend elsewhere, though. You can buy this on a $10-20 pullback. Aritzia is a better bet though.

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When Walmart arrived in Canada, he felt that CTC was untouchable. It's the go-to place for smaller Canadian communities. Their stores remained open during the lockdown. CTC is trading around $165 and is a solid hold. As the economy reopens, people will spend elsewhere, though. You can buy this on a $10-20 pullback. Aritzia is a better bet though.

Bruce Murray
Price
$167.410
Owned
Yes
COMMENT
COMMENT
January 12, 2021

It's one of the best survivors in retail. They held their own against Walmart. Great job diversifying into Sportscheck and Marks Work Warehouse. They have the goods that people want, so have benefitted from the pandemic. But the stock has recovered a lot. Trades at a 10x earning basis, so cheap. That said, there are better retailers, like ATD'B. CTC.A is well-diversified, though.

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It's one of the best survivors in retail. They held their own against Walmart. Great job diversifying into Sportscheck and Marks Work Warehouse. They have the goods that people want, so have benefitted from the pandemic. But the stock has recovered a lot. Trades at a 10x earning basis, so cheap. That said, there are better retailers, like ATD'B. CTC.A is well-diversified, though.

Paul Gardner, CFA
Price
$178.580
Owned
Unknown
HOLD
HOLD
January 6, 2021
Hard to analyze. Retail broadly is going through a change. One of the few allowed to stay open during the pandemic, so demand was pulled forward, but may taper off in coming years. Can they rework their retail model? Hold it at this price, but not willing to put new money in at these levels.
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Hard to analyze. Retail broadly is going through a change. One of the few allowed to stay open during the pandemic, so demand was pulled forward, but may taper off in coming years. Can they rework their retail model? Hold it at this price, but not willing to put new money in at these levels.
Ryan Bushell
Price
$173.455
Owned
No
DON'T BUY
DON'T BUY
December 14, 2020
It has benefited as their stores were deemed essential services. Traffic has increased in the past year. It is trading at a reasonable multiple, but she feels they are limited in geographical scope.
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It has benefited as their stores were deemed essential services. Traffic has increased in the past year. It is trading at a reasonable multiple, but she feels they are limited in geographical scope.
Christine Poole
Price
$166.600
Owned
Unknown
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.
Chris Blumas
Price
$131.090
Owned
No
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.
Ryan Bushell
Price
$121.840
Owned
No
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.

James Telfser
Price
$123.850
Owned
Unknown
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.
Andrew Pink
Price
$100.620
Owned
No
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.
Showing 1 to 15 of 323 entries

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

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 5

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, 5 stock analysts published opinions about CTC.A-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Stockchase Insights on 2021-09-10. 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?

5 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 2021-09-17, Canadian Tire Corporation Ltd. (A) (CTC.A-T) stock closed at a price of $195.26.