Canadian Tire FY2027 EPS Boosted by National Bank Financial

Canadian Tire Co., Limited (TSE:CTC) – National Bank Financial lifted their FY2027 EPS estimates for shares of Canadian Tire in a report released on Thursday, March 27th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $17.82 per share for the year, up from their previous forecast of $17.45. The consensus estimate for Canadian Tire’s current full-year earnings is $13.70 per share.

A number of other research firms have also weighed in on CTC. Scotiabank set a C$140.00 target price on shares of Canadian Tire and gave the company an “underperform” rating in a report on Friday, February 7th. BMO Capital Markets upgraded shares of Canadian Tire from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 20th.

Canadian Tire Stock Performance

TSE:CTC opened at C$208.51 on Monday. The company has a market cap of C$7.98 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 0.49 and a beta of 1.33. Canadian Tire has a 1 year low of C$192.10 and a 1 year high of C$275.36. The stock’s 50 day simple moving average is C$223.98 and its two-hundred day simple moving average is C$222.84. The company has a debt-to-equity ratio of 150.68, a current ratio of 1.60 and a quick ratio of 1.15.

About Canadian Tire

Canadian Tire Corporation, Limited, (TSX: CTC.A) (TSX: CTC) or ‘CTC’, is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions.