Canadian Tire (TSE:CTC) Hits New 52-Week Low at $228.85

Canadian Tire Co., Limited (TSE:CTC) hit a new 52-week low during trading on Thursday . The stock traded as low as C$228.85 and last traded at C$229.00, with a volume of 1857 shares. The stock had previously closed at C$241.93.

Canadian Tire Price Performance

The company has a current ratio of 1.77, a quick ratio of 1.15 and a debt-to-equity ratio of 180.91. The company has a 50 day moving average price of C$245.76 and a 200 day moving average price of C$262.60. The company has a market capitalization of C$783.18 million, a P/E ratio of 64.00, a P/E/G ratio of 3.55 and a beta of 1.37.

Canadian Tire (TSE:CTC) last issued its earnings results on Thursday, February 15th. The company reported C$3.38 EPS for the quarter, missing the consensus estimate of C$4.81 by C($1.43). Canadian Tire had a return on equity of 5.03% and a net margin of 1.28%. The business had revenue of C$4.44 billion for the quarter, compared to the consensus estimate of C$4.84 billion. On average, equities analysts predict that Canadian Tire Co., Limited will post 11.192176 EPS for the current fiscal year.

Canadian Tire Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, June 1st. Investors of record on Tuesday, April 30th will be paid a $1.75 dividend. The ex-dividend date is Monday, April 29th. This represents a $7.00 annualized dividend and a yield of 3.06%. Canadian Tire’s dividend payout ratio (DPR) is presently 185.19%.

About Canadian Tire

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services and roadside assistance; electrical, hardware, home environment, paint, plumbing, and tool products; cleaning, food & drink, home décor, home essentials, home organization, kitchen, and pet care products; camping, exercise, hockey, hunting, fishing, seasonal recreation, and team sports and golf products; and backyard living, backyard fun, cycling, gardening, outdoor tools, seasonal, and toy products.