CAD149.61
1.22% today
Toronto, Nov 21, 07:21 pm CET
ISIN
CA1366812024
Symbol
CTC.A
Sector
Industry

Canadian Tire Target price 2024 - Analyst rating & recommendation

Canadian Tire Classifications & Recommendation:

Buy
36%
Hold
45%
Sell
18%

Canadian Tire Price Target

Target Price CAD161.89
Price CAD151.46
Potential
Number of Estimates 9
9 Analysts have issued a price target Canadian Tire 2025 . The average Canadian Tire target price is CAD161.89. This is higher than the current stock price. The highest price target is
CAD192.00 26.77%
register free of charge
, the lowest is
CAD125.00 17.47%
register free of charge
.
A rating was issued by 11 analysts: 4 Analysts recommend Canadian Tire to buy, 5 to hold and 2 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Canadian Tire stock has an average upside potential 2025 of . Most analysts recommend the Canadian Tire stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Billion CAD 16.66 16.43
6.48% 1.38%
EBITDA Margin 12.36% 13.37%
15.97% 8.16%
Net Margin 1.27% 3.42%
77.10% 170.23%

8 Analysts have issued a sales forecast Canadian Tire 2024 . The average Canadian Tire sales estimate is

CAD16.4b
Unlock
. This is
0.82% higher
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
CAD16.5b 1.22%
Unlock
, the lowest is
CAD16.4b 0.39%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 CAD16.7b 6.48%
2024
CAD16.4b 1.38%
Unlock
2025
CAD17.0b 3.48%
Unlock
2026
CAD17.4b 2.54%
Unlock

8 Analysts have issued an Canadian Tire EBITDA forecast 2024. The average Canadian Tire EBITDA estimate is

CAD2.2b
Unlock
. This is
5.55% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
CAD2.2b 7.90%
Unlock
, the lowest is
CAD2.1b 2.81%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 CAD2.1b 21.41%
2024
CAD2.2b 6.71%
Unlock
2025
CAD2.3b 4.48%
Unlock
2026
CAD2.4b 2.98%
Unlock

EBITDA Margin

2023 12.36% 15.97%
2024
13.37% 8.16%
Unlock
2025
13.50% 0.97%
Unlock
2026
13.56% 0.44%
Unlock

The average Canadian Tire net profit estimate is

CAD562m
Unlock
. This is
13.29% lower
Unlock
than the net profit for the last 12 months(TTM).

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 CAD211m 78.59%
2024
CAD562m 166.76%
Unlock
2025
CAD730m 29.87%
Unlock

Net Margin

2023 1.27% 77.10%
2024
3.42% 170.23%
Unlock
2025
4.30% 25.73%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Dec '23 2024
Estimates
Earnings Per Share CAD 3.79 10.11
78.59% 166.75%
P/E 14.98
EV/Sales 1.06

The average Canadian Tire <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

CAD10.11
Unlock
. This is
13.29% lower
Unlock
than earnings per share in the financial year 2023.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 CAD3.79 78.59%
2024
CAD10.11 166.75%
Unlock
2025
CAD13.13 29.87%
Unlock

P/E ratio

Current 12.99 13.52%
2024
14.98 15.32%
Unlock
2025
11.54 22.96%
Unlock

Based on analysts' sales estimates for 2024, the Canadian Tire stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.07 7.00%
2024
1.06 0.76%
Unlock
2025
1.03 3.36%
Unlock
2026
1.00 2.48%
Unlock

P/S ratio

Current 0.52 10.38%
2024
0.51 0.81%
Unlock
2025
0.50 3.35%
Unlock
2026
0.48 2.48%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today