FY2027 EPS Forecast for Canadian Tire Increased by Analyst

Canadian Tire Co., Limited (TSE:CTC) – Research analysts at National Bank Financial raised their FY2027 EPS estimates for shares of Canadian Tire in a research report issued to clients and investors on Thursday, March 27th. National Bank Financial analyst V. Shreedhar now expects that the company will earn $17.82 per share for the year, up from their previous estimate of $17.45. The consensus estimate for Canadian Tire’s current full-year earnings is $13.70 per share.

Several other equities research analysts also recently weighed in on CTC. BMO Capital Markets upgraded Canadian Tire from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 20th. Scotiabank set a C$140.00 target price on Canadian Tire and gave the stock an “underperform” rating in a research note on Friday, February 7th.

Canadian Tire Price Performance

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

Canadian Tire Company Profile

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.