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TSE:CTC

257.97
0.00 (0.00%) 1d
0
Showing 1 to 15 of 199 entries
HOLD
Allan Tong’s Discover Picks Canadian Tire boasts a wide range of household goods at decent prices, but consumers will have much more choice in buying that patio set or baseball glove. True, last summer’s partial reopenings didn’t dent the stock price, but the Tire’s website still sucks. Price to cash flow is inline with its peers at 6.5x, though CTC stock’s PE of 13.4x is slightly higher than the industry’s 12.8x. Its profit margin of 5.8% is just below the industry’s 6%. Overall, not bad. Read Battle of the Stocks: 2021 Consumer Staples Stocks for our full analysis.
specialty stores
WAIT
It has been a big beneficiary of the pandemic as they were one of the few that were able to still operate. At-home and camping leisure benefitted them. It's good for long term growth but he would not put new money in today.
specialty stores
DON'T BUY
It has benefited as their stores were deemed essential services. Traffic has increased in the past year. It is trading at a reasonable multiple, but she feels they are limited in geographical scope.
specialty stores
BUY

It has not picked up to the same extent as HD-N. We are dealing with a general consumer related store whereas HD-N has benefited from the home renovation space because at home what else are you going to do with your day when shut in but renovate. As stores start to re-open again and assuming there are no setbacks, then he feels CTC-T stock will continue to appreciate. It is a solid company and much more diversified than it was ten years ago.

specialty stores
DON'T BUY

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.

specialty stores
COMMENT
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.
specialty stores
DON'T BUY
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.
specialty stores
BUY
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.
specialty stores
SELL ON STRENGTH
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.
specialty stores
SELL

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%.

specialty stores
BUY on WEAKNESS
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.
specialty stores
DON'T BUY
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.
specialty stores
HOLD
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)
specialty stores
DON'T BUY

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.

specialty stores
BUY on WEAKNESS

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.

specialty stores
Showing 1 to 15 of 199 entries

Canadian Tire Corporation Ltd(CTC-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

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, 2 stock analysts published opinions about CTC-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

2 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 2021-09-21, Canadian Tire Corporation Ltd (CTC-T) stock closed at a price of $257.97.