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Investor Insights

This summary was created by AI, based on 15 opinions in the last 12 months.

Expert reviews on Canadian Tire Corporation Ltd. (CTC.A-T) are mixed, with some praising its strong acquisitions, well-run operations, and competitive positioning against online retailers. Others express concerns about the impact of macroeconomic conditions, softening demand, and the risk of a recession. The company's valuation is seen as cheap by some, while others caution against potential challenges in the retail sector.

Consensus
Mixed
Valuation
Undervalued
DON'T BUY

If worried about Canadian consumer and effects of inflation, not a place you want to be. Incredibly cheap valuation. Bought back a lot of stock last year, but it's cheaper this year. Not a fan of retail, except for COST. Warren Buffett doesn't like retail either.

specialty stores
COMMENT

Retail stocks will tick up if we avoid a recession, inflation continues to fall, and if interest rates decline. CTC has done great acquisitions. Well-run.

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TOP PICK

They've done well competing with online retailers like Amazon by focusing on cars, gardening furniture and sports equipment. Shares are down 40% from its 2021 peak, so it's a good opportunity now. Solid balance sheet and pays a good dividend yield.

(Analysts’ price target is $180.70)
specialty stores
WAIT

Getting more attractive. Impressive general margins last quarter. Reasonable at under 9x, nice dividend that grows well. Earnings picture clouded by softening demand, higher oil prices, higher rates. Better stocks at this time.

specialty stores
DON'T BUY

Historically this has gone from strength to strength. People will always buy skates, fix their cars or paint their homes. But discretionary spending always flags in a recession or downturn.

specialty stores
DON'T BUY

Has a financial services division, so delinquencies could tick up in this economic environment. Not a strong unit growth grower. Well penetrated in Canada. Traffic could soften, stock's pulled back. Not interested.

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WATCH

Pulled back on earnings and consumer sentiment. Time to look at it, and he is. Hasn't stepped in yet as he completes his research. Meets his quality criteria. Phenomenal franchise in Canada. Nothing wrong with the business, it's just economically sensitive. Well run, fantastic financial shape.

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DON'T BUY

Avoid. Consumer discretionary. Not a lot of great growth opportunity here. Consolidation around $140-160. The Consumer Index is slowing down and will affect stocks like this.

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BUY
CTC.A vs. ATD

He missed CTC.A on macro concerns. Great business, one-stop shop, attractive loyalty program. Good company, not expensive, so you can own it for a while.

ATD has done pretty well, but he'd prefer CTC.A for the next year or so.

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WEAK BUY

A very difficult quarter because of a fire and eliminating contracts. Missed numbers. They anticipate slower consumer growth. Could buy here, but will take some time to return to normalized earnings numbers. Good yield of 4.1%.

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PAST TOP PICK
(A Top Pick Feb 01/23, Up 8%)

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.

specialty stores
BUY

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.

specialty stores
DON'T BUY

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.

specialty stores
DON'T BUY

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.

specialty stores
BUY
Allan Tong’s Discover Picks

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

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Showing 1 to 15 of 353 entries

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

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 11

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, 11 stock analysts published opinions about CTC.A-T. 5 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

11 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 2024-02-23, Canadian Tire Corporation Ltd. (A) (CTC.A-T) stock closed at a price of $141.91.