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FAQs
Canadian Tire (CTC.A) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target is C$161.50 with a high forecast of C$190.00 and a low forecast of C$126.00. The average price target represents a 2.35% change from the last price of C$157.79.
Is Canadian Tire stock a good buy? ›Canadian Tire will probably earn $11.55 a share in 2024, and the stock trades at 13.6 times that estimate. Recommendation in The Successful Investor: Canadian Tire Corp. is a buy. We hope you benefited from this analysis of Canadian Tire.
What is the Canadian Tire forecast for 2024? ›Following last week's earnings report, Canadian Tire Corporation's nine analysts are forecasting 2024 revenues to be CA$16.7b, approximately in line with the last 12 months. Statutory earnings per share are predicted to surge 111% to CA$10.69.
What is the price target for CTC a stock? ›| High | $190.00 |
|---|---|
| Median | $158.00 |
| Low | $126.00 |
| Average | $159.00 |
| Current Price | $158.72 |
CTC is the symbol for the Common Shares. CTC. a is the symbol for the Class A Non-Voting Shares.
Why is Canadian Tire stock going down? ›The last couple of years have seen Canadian Tire stock trade on a bearish note. The decline in its earnings has led to a decrease in its share prices. While it might seem worrisome, the downturn in its share prices on the stock market has also inflated its dividend yield to almost 5%.
What is the best Canadian stock to invest in? ›- Best Canadian stocks to buy in 2024.
- Alimentation Couche-Tard.
- CN Rail.
- Constellation Software.
- TMX Group.
- Descartes Systems.
- A&W Revenue Royalties Income Fund.
- Brookfield Infrastructure.
Canadian Tire Corporation expects to achieve the following by 2025: Consolidated comparable sales growth1 (excluding Petroleum) of more than 4%, averaged annually. Retail Return on Invested Capital (ROIC)2 of 15%+ compared to ROIC of 13.6% in 2021.
Is Canadian tire money still good in 2024? ›Canadian Tire money in 2024
It's still possible to redeem the original paper Canadian Tire coupons, but they must be converted to digital first. To do this, take your CT cash to your local Canadian Tire store and a cashier will transfer the currency to your virtual wallet.
The future of the tire industry is leaning towards incorporating more advanced technologies, particularly with the rise of “Digital Tires.” These tires are equipped with sensors and innovative technology to provide real-time feedback on various parameters like wear, temperature, pressure, and road conditions.
What is the target stock price forecast for 12 months? ›
Based on analyst ratings, Target's 12-month average price target is $180.87. What is TGT's upside potential, based on the analysts' average price target? Target has 18.34% upside potential, based on the analysts' average price target.
What is the analyst price target for a stock? ›A price target is a price at which an analyst believes a stock to be fairly valued relative to its projected and historical earnings. When an analyst raises their price target for a stock, they generally expect the stock price to rise.
What is the 1 year target estimate of a stock? ›A Target estimate is a price that analysts believe the stock will hit. Analysts create financial models and predict the future of a stock. These models are based on predicted earnings and assumed multiples. No one can predict precisely where a stock price will be in one year.
Who owns Canadian Tire now? ›The Billes family founded Canadian Tire and at this point Martha Gardiner-Billes is the only family member with a large holding, she owns under 2% of the company. However due to The dual share structure she effectively controls the board of directors as she owns 61% of the voting shares.
What is the dividend payout ratio for Canadian Tire? ›| Date | Payout ratio |
|---|---|
| February 2022 | 28.76% |
| January 2022 | 28.76% |
| December 2021 | 28.76% |
| October 2021 | 28.76% |
Number of shares outstanding as of September 2024 : 55,631,649. According to Canadian Tire's latest financial reports and stock price the company's current number of shares outstanding is 55,631,649. At the end of 2024 the company had 55,631,649 shares outstanding.
Is BOC stock a buy or sell? ›The consensus among 2 Wall Street analysts covering (NYSE: BOC) stock is to Strong Buy BOC stock.
Is CB stock a buy or sell? ›CB Stock Forecast FAQ
Currently there's no upside potential for CB, based on the analysts' average price target. Is CB a Buy, Sell or Hold? Chubb has a consensus rating of Moderate Buy which is based on 9 buy ratings, 6 hold ratings and 1 sell ratings. The average price target for Chubb is $288.29.
Great long-term investment. Recent 10% price drop is a great time to average down or get in. Lagged peers in performance, but still strong free cashflow and better operating margins. Yield is 2.2%.
Is CWB a good stock to buy? ›Canadian Western Bank has a consensus rating of Moderate Buy which is based on 2 buy ratings, 4 hold ratings and 0 sell ratings. The average price target for Canadian Western Bank is C$55.38. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.