FY2027 EPS Estimates for Canadian Tire Boosted by Analyst

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

Several other research analysts also recently weighed in on the stock. BMO Capital Markets upgraded shares of 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 shares of Canadian Tire and gave the stock an “underperform” rating in a report on Friday, February 7th.

Canadian Tire Price Performance

Shares of TSE:CTC opened at C$208.51 on Monday. The company has a debt-to-equity ratio of 150.68, a quick ratio of 1.15 and a current ratio of 1.60. Canadian Tire has a 52-week low of C$192.10 and a 52-week high of C$275.36. The business’s 50 day simple moving average is C$224.80 and its two-hundred day simple moving average is C$223.20. The firm 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.

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.