CAD151.90
0.63% today
Toronto, Dec 30, 10:00 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 CAD152.87
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 25.60%
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, the lowest is
CAD125.00 18.23%
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.
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

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion CAD 16.66 16.43
6.48% 1.37%
EBITDA Margin 12.36% 13.37%
15.97% 8.16%

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

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

This results in the following potential growth metrics:

Revenue Estimates

2023 CAD16.7b 6.48%
2024
CAD16.4b 1.37%
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2025
CAD17.0b 3.48%
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2026
CAD17.4b 2.54%
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8 Analysts have issued an Canadian Tire EBITDA forecast 2024. The average Canadian Tire EBITDA estimate is

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

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

EBITDA Estimates

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

2023 12.36% 15.97%
2024
13.37% 8.16%
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2025
13.50% 0.97%
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2026
13.56% 0.44%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
EV/Sales 1.07

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 1.08 11.34%
2024
1.07 1.23%
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2025
1.03 3.37%
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2026
1.01 2.47%
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P/S ratio

Current 0.52 17.68%
2024
0.52 0.82%
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2025
0.50 3.36%
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2026
0.49 2.48%
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