Canadian Tire Corporation Ltd. (A)

CTC.A-T

TSE:CTC.A

144.78
0.28 (0.19%)
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
PAST TOP PICK
PAST TOP PICK
August 15, 2017

(A Top Pick May 13/16. Up 10.81%.) There is no real reason for the recent pullback. He still likes it and it is cheap. 1.7% dividend yield is fairly light for being an established business. Trading at around 15X. Still buying for new clients.

(A Top Pick May 13/16. Up 10.81%.) There is no real reason for the recent pullback. He still likes it and it is cheap. 1.7% dividend yield is fairly light for being an established business. Trading at around 15X. Still buying for new clients.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$153.170
Owned
Yes
COMMENT
COMMENT
August 1, 2017

A very Canadian company and there is nothing like it in the US. The outlook is probably a little bit more GDP growth. This is going to be the destination shop for most men who are looking for shovels, etc. Their ownership structure with the stores, where they have local ownership, is a big plus. Dividend yield of 1.1%.

A very Canadian company and there is nothing like it in the US. The outlook is probably a little bit more GDP growth. This is going to be the destination shop for most men who are looking for shovels, etc. Their ownership structure with the stores, where they have local ownership, is a big plus. Dividend yield of 1.1%.

Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$141.770
Owned
Unknown
BUY
BUY
July 14, 2017

This is a monument that will go on, and the recent drop is probably a buying opportunity for the long-term. He doesn’t know why exactly they haven’t got their e-commerce going, but many serious companies have failed when they try to get e-commerce together.

This is a monument that will go on, and the recent drop is probably a buying opportunity for the long-term. He doesn’t know why exactly they haven’t got their e-commerce going, but many serious companies have failed when they try to get e-commerce together.

Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$143.550
Owned
Unknown
HOLD
HOLD
July 12, 2017

This has done a pretty good job. Earnings are growing and have created shareholder value since about 2010-2011, and have done it in the face of increasing competition. They are now navigating through this more difficult retail environment pretty skilfully.

This has done a pretty good job. Earnings are growing and have created shareholder value since about 2010-2011, and have done it in the face of increasing competition. They are now navigating through this more difficult retail environment pretty skilfully.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$142.730
Owned
No
WEAK BUY
WEAK BUY
July 10, 2017

If he liked any retailer, this would be it, but he doesn’t. They will become a player in ecommerce.

If he liked any retailer, this would be it, but he doesn’t. They will become a player in ecommerce.

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$144.700
Owned
No
COMMENT
COMMENT
June 21, 2017

He has no retail exposure in Canada, other than Loblaws (L-T), which has been challenged. He isn’t worried about a Canadian recession; however, doesn’t think there is very good, long term, secular growth underpinning a lot of Canadian retailers, including this one. There are headwinds, including increases in e-commerce penetration, which they have done a pretty good job of staving off. If consumption, household formation and homeownership starts to turn, that could have more of a negative impact on companies like this.

He has no retail exposure in Canada, other than Loblaws (L-T), which has been challenged. He isn’t worried about a Canadian recession; however, doesn’t think there is very good, long term, secular growth underpinning a lot of Canadian retailers, including this one. There are headwinds, including increases in e-commerce penetration, which they have done a pretty good job of staving off. If consumption, household formation and homeownership starts to turn, that could have more of a negative impact on companies like this.

Andy Nasr
VP & Investment Strategist, Sentry Investments
Price
$147.180
Owned
No
TOP PICK
TOP PICK
May 3, 2017

Old and boring, but he likes old and boring when it comes to investing. Its share price has really outperformed, and a lot of that really comes down to management and how the business has been run. Although there has been some change with the CEO, it has really been change to go back to who was the CEO before. 63% of their business is Canadian Tire which has about 500 stores, 20% is the SGL Sports and about 15% is the Marks brand. Their business now is what they are going to do with their e-commerce platform. Dividend yield of 1.6%. (Analysts’ price target is $175.50.)

Old and boring, but he likes old and boring when it comes to investing. Its share price has really outperformed, and a lot of that really comes down to management and how the business has been run. Although there has been some change with the CEO, it has really been change to go back to who was the CEO before. 63% of their business is Canadian Tire which has about 500 stores, 20% is the SGL Sports and about 15% is the Marks brand. Their business now is what they are going to do with their e-commerce platform. Dividend yield of 1.6%. (Analysts’ price target is $175.50.)

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$166.040
Owned
Yes
HOLD
HOLD
April 4, 2017

A great Canadian success story. They’ve made some good acquisitions domestically, and has shown real ability to grow through this economic recession that we have seen in Alberta. In the last few quarters, they’ve really surprised analysts to the upside.

A great Canadian success story. They’ve made some good acquisitions domestically, and has shown real ability to grow through this economic recession that we have seen in Alberta. In the last few quarters, they’ve really surprised analysts to the upside.

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$160.000
Owned
No
BUY
BUY
March 28, 2017

They have executed well with their Marks brand, gas stations and financial arm. They are one of the few retailers that has constantly made growth and dividend growth. They even succeeded in holding their own when Wal-Mart came to Canada.

They have executed well with their Marks brand, gas stations and financial arm. They are one of the few retailers that has constantly made growth and dividend growth. They even succeeded in holding their own when Wal-Mart came to Canada.

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$154.910
Owned
Unknown
COMMENT
COMMENT
February 24, 2017

A very well-run Canadian retailer. He likes what they have been doing. It always seems very expensive. He would like to see a bit of a pullback, which he doesn’t expect to see for a while. Earnings have come in above expectations, and store sales seem to be relatively okay.

A very well-run Canadian retailer. He likes what they have been doing. It always seems very expensive. He would like to see a bit of a pullback, which he doesn’t expect to see for a while. Earnings have come in above expectations, and store sales seem to be relatively okay.

Bill Shaw
Partner & Portfolio Manager, Exponent Investment Management
Price
$155.040
Owned
No
BUY WEAKNESS
BUY WEAKNESS
February 21, 2017

(Market Call Minute.) A great, long term, Canadian retail franchise. It’s close to its 52- week high.

(Market Call Minute.) A great, long term, Canadian retail franchise. It’s close to its 52- week high.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$156.740
Owned
Unknown
PARTIAL SELL
PARTIAL SELL
February 17, 2017

Big news today. Strong sales. Maybe there is something else in there. See how it closes today. It could come back to the $145-8 level. We could be a slight amount over valued and you might want to sell half your position here.

Big news today. Strong sales. Maybe there is something else in there. See how it closes today. It could come back to the $145-8 level. We could be a slight amount over valued and you might want to sell half your position here.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$157.490
Owned
Unknown
BUY
BUY
January 12, 2017

They are very unique in that they are in the retail space, but they are able to get their inventory cycled through the system and out to the public so quickly. They always have a constant flow of heavily discounted items that continue to flow through. Along with pairing with Markets that certainly helps them to cultivate a home grown brand of themselves. You are always going to need to buy windshield washer fluid and other auto parts.

They are very unique in that they are in the retail space, but they are able to get their inventory cycled through the system and out to the public so quickly. They always have a constant flow of heavily discounted items that continue to flow through. Along with pairing with Markets that certainly helps them to cultivate a home grown brand of themselves. You are always going to need to buy windshield washer fluid and other auto parts.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$142.450
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
December 28, 2016

Consumer discretionary is certainly the right space. This had a nice move from its low of last year, and he expects it will revisit $135. Thinks it is going to be tough for it to break above its peak. With Canadian debt levels where they are, it is hard to see a catalyst. He would be looking to buy this a little lower. It might be more of a Trade than a Hold until it gets through its resistance.

Consumer discretionary is certainly the right space. This had a nice move from its low of last year, and he expects it will revisit $135. Thinks it is going to be tough for it to break above its peak. With Canadian debt levels where they are, it is hard to see a catalyst. He would be looking to buy this a little lower. It might be more of a Trade than a Hold until it gets through its resistance.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$140.410
Owned
Unknown
DON'T BUY
DON'T BUY
December 13, 2016

The 2 periods for seasonal retail are from October 28 until November 29, and then from January into April, which is actually a stronger seasonality period. He would not be looking at owning this at this time.

The 2 periods for seasonal retail are from October 28 until November 29, and then from January into April, which is actually a stronger seasonality period. He would not be looking at owning this at this time.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$142.830
Owned
Unknown
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