Canadian Tire Stock Today
| CTC Stock | CAD 233.56 11.31 5.09% |
Performance2 of 100
| Odds Of DistressLess than 8
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Canadian Tire is selling at 233.56 as of the 28th of November 2024; that is 5.09 percent increase since the beginning of the trading day. The stock's open price was 222.25. Canadian Tire has only a 8 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Canadian Tire are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | Category Consumer Cyclical | Classification Consumer Discretionary |
Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada. CANADIAN TIRE operates under Specialty Retail classification in Canada and is traded on Toronto Stock Exchange. The company has 3.42 M outstanding shares of which 11 shares are currently shorted by private and institutional investors with about 0.07 days to cover all short positions. More on Canadian Tire
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Canadian Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Tire's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Tire or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Greg Hicks | ||||
| Business Concentration | Other Specialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical (View all Sectors) | ||||
Canadian Tire's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Tire's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsCanadian Tire can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Tire's financial leverage. It provides some insight into what part of Canadian Tire's total assets is financed by creditors.
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Canadian Tire (CTC) is traded on Toronto Exchange in Canada and employs 14,322 people. Canadian Tire is listed under Other Specialty Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Tire's market, we take the total number of its shares issued and multiply it by Canadian Tire's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian Tire operates under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 3.42 M outstanding shares of which 11 shares are currently shorted by private and institutional investors with about 0.07 days to cover all short positions.
Canadian Tire has accumulated about 84.7 M in cash with 1.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.08.
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Ownership AllocationThe market capitalization of Canadian Tire is C$8.76 Billion. Canadian Tire shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 81.93 percent of Canadian Tire outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
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Canadian Tire Risk Profiles
Although Canadian Tire's alpha and beta are two of the key measurements used to evaluate Canadian Tire's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8641 | |||
| Semi Deviation | 1.13 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.97 |
Canadian Stock Against Markets
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Canadian Tire Corporate Directors
| Mark Derbyshire | Independent Director | Profile | |
| John Furlong | Independent Director | Profile | |
| Donald Murray | Non Independent Director | Profile | |
| Patrick Connolly | Independent Director | Profile |
Other Information on Investing in Canadian Stock
Canadian Tire financial ratios help investors to determine whether Canadian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canadian with respect to the benefits of owning Canadian Tire security.