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Investor Insights

This summary was created by AI, based on 11 opinions in the last 12 months.

Experts have mixed opinions on Canadian Tire Corporation Ltd. Some feel that the retail business is tough and the company is not performing well due to online competition, inflation, and other factors. Others believe that the stock may pick up with regular seasonal weather and has a strong automotive aspect. The stock has seen a decline in demand and valuation, but some experts see potential for improvement in the business prospects.

Consensus
Mixed
Valuation
Undervalued
DON'T BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The stock is 'bouncy' certainly. We think it is a decent company but we did not like the decline in sales in the last quarter, especially in a period where inflation is still present. Yes, some of its weakness was clearly related to the weather. But at 22X earnings, we think the valuation could be adjusted to reflect the current lack of growth. Thus, we would fairly reluctant to start an aggressive buy program on the stock today. 
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specialty stores
DON'T BUY

Why own this now? There's so much online competition and inflation is hurting the Canadian consumer. They bought back a lot of shares in 2023, but didn't work for their shares. Needs to see lower inflation and better employment numbers first.

specialty stores
HOLD

Many retailers are coming off a rough quarter, but CTC is a seasonally sensitive stock. Last winter saw weak demand for winter items like snowblowers (due to a mild winter), and that's impacted CTC shares. Assuming regular seasonal weather in spring and summer, business should pick up. Hold if you already own and don't sell. He doesn't see long-term weakness.

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BUY ON WEAKNESS

Does not own shares. Retail business tough. Current valuation starting to enter attractive area. Competition amongst retail very hard to earn profits on (high capital investments). Consumers not coming back to brand - yet, would wait to buy. 

specialty stores
DON'T BUY

Does not own shares, and would not recommend buying. Not a strong business model. Footprint limited to Canada with low growth. 

specialty stores
DON'T BUY

Retail is a difficult business to operate in. Capital intensive business with lots of inventory. If recession occurs, will be hard on business. Better options for investors out there. 

specialty stores
HOLD

Historically a great Canadian retail business. However, business not performing as well due to eCommerce etc. Unsure on future of business. Better names for retail companies like Aritzia. 

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It's a Monthly Gems opinion which is available only for Premium members

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

Another iconic national brand, Canadian Tire is the dark horse on this list. It's no secret that retail has struggled this year as higher wages, costlier shipping and theft (aka “shrinkage”) have battered the sector. Canadian Tire has sunk 30% off its 52-week highs and recently made a new low of $131.46. At the same time, the stock's PE has fallen below 10x compared to its five-year median of 11.5x.

specialty stores
PARTIAL BUY

Retail does well in November and maybe into December. He wants the stock to show some strength though. If so, CTC should do well.

specialty stores
DON'T BUY

It is reflecting the lower demand of the Canadian consumer and has pretty much penetrated the Canadian market.

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BUY ON WEAKNESS

Long period of low dividend yield. Current share price a good price to buy at. Likes automotive aspect of business. Improving business prospects. 

specialty stores
DON'T BUY

Online shopping taking major toll on business.
Not as many visitors in the past.
Business not competing well with Amazon.
Rewards program not very good.
Not a good time to invest in business. 

specialty stores
BUY ON WEAKNESS

Great Canadian company.
Very cheap valuation on the stock price.
~4% dividend yield is strong. 
Beat guidance last quarter.
Economic headwinds could weigh on the company.

specialty stores
BUY ON WEAKNESS

Latest corporate earnings surprisingly good.
Very strong brand across Canada.
Well managed company. 
Current valuation is trading at a fair price.
Will continue to watch outlook for business. 

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COMMENT
It had basically been moving sideways but the downtrend is continuing so it is less appealing.
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Showing 1 to 15 of 218 entries

Canadian Tire Corporation Ltd(CTC-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 11

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, 11 stock analysts published opinions about CTC-T. 3 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.

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?

11 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 2024-05-27, Canadian Tire Corporation Ltd (CTC-T) stock closed at a price of $235.01.