Canadian Tire Co., Limited (OTCMKTS:CDNAF – Get Free Report)’s share price was down 1.9% during trading on Monday . The company traded as low as $129.5550 and last traded at $130.8775. 1,767 shares were traded during trading, a decline of 90% from the average session volume of 17,653 shares. The stock had previously closed at $133.3475.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on CDNAF. BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Tire in a research note on Friday, May 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Canadian Tire in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $205.00.
Check Out Our Latest Report on Canadian Tire
Canadian Tire Stock Performance
Canadian Tire (OTCMKTS:CDNAF – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.17. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.55 billion. Canadian Tire had a net margin of 3.63% and a return on equity of 10.63%.
About Canadian Tire
Canadian Tire Corporation, Limited is a diversified Canadian retail company founded in Toronto in 1922 by John William Billes and Alfred Jackson Billes. Headquartered in Toronto, Ontario, the company operates a network of retail stores, digital channels and petroleum outlets across Canada. Through its integrated business model, Canadian Tire serves both urban and rural markets with a broad selection of products and services.
The company’s retail segment comprises its flagship Canadian Tire stores and branded gas bars, offering automotive parts and maintenance services, hardware and home improvement supplies, sports and leisure equipment, and seasonal merchandise.
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