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Dynamic quotes 
OFFON

CANADIAN TIRE CORPORATION, LIMITED

(CTC.A)
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Canadian Tire Corporation, Limited : No turn-around in sight

01/06/2021 | 02:57am EST
long trade
Target price hit
Entry price : 170.56CAD | Target : 200CAD | Stop-loss : 155CAD | Potential : 17.26%
Canadian Tire Corporation, Limited shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Investors have an opportunity to buy the stock and target the CAD 200.
Canadian Tire Corporation, Limited : Canadian Tire Corporation, Limited : No turn-around in sight
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • Considering the small differences between the analysts' various estimates, the group's business visibility is good.
  • Historically, the company has been releasing figures that are above expectations.
  • As regards fundamentals, the enterprise value to sales ratio is at 1.12 for the current period. Therefore, the company is undervalued.
  • Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
  • For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • Within the weekly time frame the stock shows a bullish technical configuration above the support level at 116.39 CAD

Weaknesses
  • Stock prices approach a strong long-term resistance in weekly data at CAD 228.72.
  • Technically, the stock approaches a strong medium-term resistance at CAD 182.4.
  • The group shows a rather high level of debt in proportion to its EBITDA.

© MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2021 15 826 M 12 467 M 12 467 M
Net income 2021 1 036 M 816 M 816 M
Net Debt 2021 6 031 M 4 751 M 4 751 M
P/E ratio 2021 10,6x
Yield 2021 2,61%
Capitalization 11 444 M 9 051 M 9 016 M
EV / Sales 2021 1,10x
EV / Sales 2022 1,10x
Nbr of Employees 22 593
Free-Float 98,7%
Upcoming event on CANADIAN TIRE CORPORATION, LIMITED
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 179,57 CAD
Average target price 226,45 CAD
Spread / Average Target 26,1%
EPS Revisions
Managers and Directors
Greg Hicks President, Chief Executive Officer & Director
Gregory Craig Chief Financial Officer & Executive Vice President
Maureen Joanne Sabia Non-Executive Chairman
Rex William Lee Chief Information Officer & Senior Vice President
John A. F. Furlong Independent Director
Sector and Competitors
1st jan.Capi. (M$)
CANADIAN TIRE CORPORATION, LIMITED7.31%9 051
MACY'S, INC.143.02%8 182
FALABELLA S.A.1.94%8 050
KOHL'S CORPORATION25.63%7 114
PEPKOR HOLDINGS LIMITED65.74%5 328
DILLARD'S, INC.322.65%5 179