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

specialty stores
TOP PICK

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)
specialty stores
BUY

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

specialty stores
HOLD
Retail sector hasn't done well. Downshift to cheaper products, so DOL and DG are doing well. Ubiquitous part of Canada, and has survived worse than this. Sells what people need anyway, so should do OK in a recession. But it will be tough for retail stocks in 2023 compared to other sectors.
specialty stores
DON'T BUY
Good retail mix but has had problems. Does not own stock. Growth depends on Canadian consumer. Already positioned across Canada which doesn't leave much room for growth.
specialty stores
BUY
They are starting to add to it. It is inexpensive and management has done a great job cross marketing brands along with the Canadian Tire brand. They are shareholder friendly with the buying back of shares and increasing of dividends.
specialty stores
BUY
Competes with WMT, HD, LOW, DOL, Giant Tiger. You're always going to find something there, so provides a good service. Well run. Profitable, around market average or slightly higher. Balance sheet in good shape. Attractive multiple. He'd buy for a long-term hold.
specialty stores
TRADE
Model price of $174.14, 15% upside. He'd buy it for a trade at this price of around $151. If it broke significantly below $150, he'd sell.
specialty stores
DON'T BUY
They have a lot more discretionary goods in their mix due to an acquisition, and discretionary spending will weaken as we enter an economic slowdown. Also, consumers have bought a lot of durable goods during Covid. Their e-commerce was terrible before, but is now good. Watch the consumer next year.
specialty stores
DON'T BUY
He was in a store for the first time in a few years. That's the problem--customers can shop online at other places like Amazon. Or they can visit Costco. In rural areas, people still go to CTC, but not in cities, certainly not as much as in past decades. Online shopping is convenient and fabulous.
specialty stores
BUY
He just added this. It's a cheap large cap. CTC sold a lot of outdoor furniture, which was a pandemic bump. They did a great job with supply chain management. Their loyalty program gets cross-selling among their businesses--very good. They're very shareholder-friendly by raising the dividend. Same-store sales growth may be less strong vs. last year, but this is priced into the stock.
specialty stores
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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 : 5

Total Signals / Votes : 12

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, 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).

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?

12 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 2023-06-02, Canadian Tire Corporation Ltd. (A) (CTC.A-T) stock closed at a price of $168.29.