Canadian Tire Corporation Ltd

CTC-T

TSE:CTC

180.00
0.00 (0.00%)
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-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 3, 2020

Iconic Canadian brand but operating in a very competitive space. Most products are AMZN-Q'able. They have the credit card business which brings in 25% of their earnings but it is essentially sub-prime lending. Loan losses are skyrocketing at a time when bankrupsies are skyrocketing. It is not timely from this perspective. They have been buying back stock but he thinks the runway for that is getting pretty short.

Show full opinionHide full opinion

Iconic Canadian brand but operating in a very competitive space. Most products are AMZN-Q'able. They have the credit card business which brings in 25% of their earnings but it is essentially sub-prime lending. Loan losses are skyrocketing at a time when bankrupsies are skyrocketing. It is not timely from this perspective. They have been buying back stock but he thinks the runway for that is getting pretty short.

COMMENT
COMMENT
December 11, 2019
Voting share divergence? Split share structures can go wrong sometimes. The A shares, gives the founders a larger voting right. This could be an example of an activist voting issue. The CTC shares hardly trade -- only 200 shares a day approximately.
Show full opinionHide full opinion
Voting share divergence? Split share structures can go wrong sometimes. The A shares, gives the founders a larger voting right. This could be an example of an activist voting issue. The CTC shares hardly trade -- only 200 shares a day approximately.
DON'T BUY
DON'T BUY
December 6, 2019
The short seller in the states, Spruce point, by going through their debt structure. They also said the company’s not moving fast enough into e-commerce. The short seller sees 50% downsides. From a technical perspective, they don’t do well in January. Resistance is around $160 and we‘ve pulled back.
Show full opinionHide full opinion
The short seller in the states, Spruce point, by going through their debt structure. They also said the company’s not moving fast enough into e-commerce. The short seller sees 50% downsides. From a technical perspective, they don’t do well in January. Resistance is around $160 and we‘ve pulled back.
BUY
BUY
November 26, 2019
Likes the company. There is a lot of negative sentiment around the name especially due to the Amazon effect. However, they are investing in proprietary brands which is positive. Their real estate and financial service is doing well. There is a lot of value here and is quite cheap.
Show full opinionHide full opinion
Likes the company. There is a lot of negative sentiment around the name especially due to the Amazon effect. However, they are investing in proprietary brands which is positive. Their real estate and financial service is doing well. There is a lot of value here and is quite cheap.
SELL STRENGTH
SELL STRENGTH
November 18, 2019
There is only so much they can do with their retail model. He has been waiting to lighten up for his clients that have this. You are looking at continuing tough competition.
Show full opinionHide full opinion
There is only so much they can do with their retail model. He has been waiting to lighten up for his clients that have this. You are looking at continuing tough competition.
SELL
SELL
July 11, 2019

Facing a 20% loss. Sell? It's missed earnings in 5 of the last 7 quarters, and it's exposed to the consumer discretionary space, which is vulnerable in a downturn. Also, it's vulnerable to Amazon. Their chart is making lower highs and lows as the TSX is moving the opposite direction. It isn't cheap, trading at 2.4x book value vs. 1.7x historic average. Also, past major downturns fell 60%.

Show full opinionHide full opinion

Facing a 20% loss. Sell? It's missed earnings in 5 of the last 7 quarters, and it's exposed to the consumer discretionary space, which is vulnerable in a downturn. Also, it's vulnerable to Amazon. Their chart is making lower highs and lows as the TSX is moving the opposite direction. It isn't cheap, trading at 2.4x book value vs. 1.7x historic average. Also, past major downturns fell 60%.

BUY WEAKNESS
BUY WEAKNESS
June 3, 2019
It has come down a bit and so might be a buy. They have done a tremendous job growing the business over the years in the face of intense competition. Management does not see a slowdown. They made an acquisition of a fashion business but there are some synergies. It is not expensive but you need to be aware of some of the risks.
Show full opinionHide full opinion
It has come down a bit and so might be a buy. They have done a tremendous job growing the business over the years in the face of intense competition. Management does not see a slowdown. They made an acquisition of a fashion business but there are some synergies. It is not expensive but you need to be aware of some of the risks.
DON'T BUY
DON'T BUY
February 13, 2019
The company trades at 12 times earnings, but despite the reasonable metrics, she does not own a lot in the retail brick and mortar space in Canada. The online competition is fierce. She does not see strong growth prospects here.
Show full opinionHide full opinion
The company trades at 12 times earnings, but despite the reasonable metrics, she does not own a lot in the retail brick and mortar space in Canada. The online competition is fierce. She does not see strong growth prospects here.
HOLD
HOLD
December 12, 2018
He does not own it presently. He is surprised at how it has pulled back -- thinking it is based on general market conditions. He thinks they did an excellent job with Mark's and SportChek and expects another acquisition over time. As long term investor should continue to hold. (Analysts’ price target is $185.00)
Show full opinionHide full opinion
He does not own it presently. He is surprised at how it has pulled back -- thinking it is based on general market conditions. He thinks they did an excellent job with Mark's and SportChek and expects another acquisition over time. As long term investor should continue to hold. (Analysts’ price target is $185.00)
DON'T BUY
DON'T BUY
October 17, 2018

Well-run retailer, but he's concenered with outside disruption, a digital competitor. It could happen. In retail, he considers the future. They have a decent balance sheet though.

Show full opinionHide full opinion

Well-run retailer, but he's concenered with outside disruption, a digital competitor. It could happen. In retail, he considers the future. They have a decent balance sheet though.

BUY WEAKNESS
BUY WEAKNESS
September 24, 2018

One of the few great Canadian retail stocks. There's support below current levels. When a quality stock is down 10-20%, then buy more. Buy if you can't do that, then maybe you shouldn't be owning it in the first place.

Show full opinionHide full opinion

One of the few great Canadian retail stocks. There's support below current levels. When a quality stock is down 10-20%, then buy more. Buy if you can't do that, then maybe you shouldn't be owning it in the first place.

HOLD
HOLD
September 18, 2018

This is a great company. When WalMart entered Canada, they considered Canadian Tire the one company that was unassailable. They’ve done a good job of diversifying and of controlling the sports business in Canada. Their business model--control small-town Canada--has been very dependable. However, they are dependent on external factors. For example, it has to snow enough for them to sell snow-seasonal items. The stock has done very well over the past 5 years. He sees no reason not to own it, but he wouldn’t buy more. It costs too much.

Show full opinionHide full opinion

This is a great company. When WalMart entered Canada, they considered Canadian Tire the one company that was unassailable. They’ve done a good job of diversifying and of controlling the sports business in Canada. Their business model--control small-town Canada--has been very dependable. However, they are dependent on external factors. For example, it has to snow enough for them to sell snow-seasonal items. The stock has done very well over the past 5 years. He sees no reason not to own it, but he wouldn’t buy more. It costs too much.

DON'T BUY
DON'T BUY
July 27, 2018

The stock has done well, but its growth is limited by limited Canadian consumer spending. He owns Loblaws and Leons instead. He thinks the valuation is too expensive at this level.

Show full opinionHide full opinion

The stock has done well, but its growth is limited by limited Canadian consumer spending. He owns Loblaws and Leons instead. He thinks the valuation is too expensive at this level.

HOLD
HOLD
May 25, 2018

It's a decent long-term hold. A good operator. The debt-ridden Canadian consumer makes him nervous, so he's avoiding this space for now. As interest rates rise, consumers may spend less at Canadian Tire. The stock has been underperforming. There could be an entry point in the fall.

Show full opinionHide full opinion

It's a decent long-term hold. A good operator. The debt-ridden Canadian consumer makes him nervous, so he's avoiding this space for now. As interest rates rise, consumers may spend less at Canadian Tire. The stock has been underperforming. There could be an entry point in the fall.

PAST TOP PICK
PAST TOP PICK
May 23, 2018

(A Top Pick February 22/18 Down 6%) The Helly-Hansen acquisition has brought headwinds to this stock. They have made acquisitions in the past, but this seemed strange and very expensive. The seasonal peak for this stock is January 11 to April 12, so he would not hold this now.

Show full opinionHide full opinion

(A Top Pick February 22/18 Down 6%) The Helly-Hansen acquisition has brought headwinds to this stock. They have made acquisitions in the past, but this seemed strange and very expensive. The seasonal peak for this stock is January 11 to April 12, so he would not hold this now.

Showing 1 to 15 of 195 entries

Canadian Tire Corporation Ltd(CTC-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 6

Stockchase rating for Canadian Tire Corporation Ltd 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(CTC-T) Frequently Asked Questions

What is Canadian Tire Corporation Ltd stock symbol?

Canadian Tire Corporation Ltd is a Canadian stock, trading under the symbol CTC-T on the Toronto Stock Exchange (CTC-CT). It is usually referred to as TSX:CTC or CTC-T

Is Canadian Tire Corporation Ltd a buy or a sell?

In the last year, 6 stock analysts published opinions about CTC-T. 2 analyst recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Canadian Tire Corporation Ltd.

Is Canadian Tire Corporation Ltd a good investment or a top pick?

Canadian Tire Corporation Ltd was recommended as a Top Pick by Brian Madden on 2020-02-03. Read the latest stock experts ratings for Canadian Tire Corporation Ltd.

Why is Canadian Tire Corporation Ltd 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 worth watching?

6 stock analysts on Stockchase covered Canadian Tire Corporation Ltd In the last year. It is a trending stock that is worth watching.

What is Canadian Tire Corporation Ltd stock price?

On 2020-04-01, Canadian Tire Corporation Ltd (CTC-T) stock closed at a price of $180.