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Investor Insights

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

Experts have mixed opinions on Canadian Tire Corporation Ltd. Some experts believe that the company is well-run with a solid balance sheet and good dividend yield, while others are concerned about slowing consumer growth and the impact of inflation and interest rates. Overall, the stock has seen a decline in recent times, but is viewed as a good opportunity for investment by some.

Consensus
Mixed
Valuation
Undervalued
TOP PICK

A contrarian idea, which is how you make outsized returns. Has assembled a nice portfolio of brands over time. Nice job steering customers away from online competition by focusing on bulkier items. Price down due to recession fears. A reversion-to-the-mean play, aiming for 60% return back to all-time high of $215, plus impressive dividend. Yield is 5.2%.

Consumer pullback in spending during a recession is not a risk unique to CTC.A. All retailers face this. Very good profitability, strong balance sheet, trades at 12x earnings.

(Analysts’ price target is $150.33)
specialty stores
DON'T BUY

Steer clear. Generally, retail is a tough industry. Not good insulation from online competition. Wary of retail that's not specialty. Would prefer HD, ORLY, or dollar store segment, but wait for pullback.

Tends to be a more economically sensitive retailer. Could benefit from rate cuts and an uptick in discretionary spending. But rate cuts would intensify competition. Good portion of profitability comes from its financial services (credit card) business. 

specialty stores
DON'T BUY

He's not big on retail right now. If you're in a good market, you can look at the RSI line for a stock to see how its relative strength is doing compared to the rest of the market. Steadily declining RSI, and the sector's had trouble.

specialty stores
WAIT

It needs to clear out some of its inventory - major purchases by shoppers are being deferred. It is on his radar and he is watching for a bottom.

specialty stores
PAST TOP PICK
(A Top Pick Feb 01/23, Down 12%)

Still likes it. To make money, you have to buy things that other people don't want to buy. Good job focusing on items that can't be distributed through the mail, thereby fending off online retailers. Rate cuts will help the story. Impressive dividend yield of 5%.

specialty stores
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.

specialty stores
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.

specialty stores
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.

specialty stores
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.

specialty stores
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.

specialty stores
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%.

specialty stores
Showing 1 to 15 of 358 entries

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

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 8

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, 8 stock analysts published opinions about CTC.A-T. 2 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?

8 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 2024-07-23, Canadian Tire Corporation Ltd. (A) (CTC.A-T) stock closed at a price of $143.3.