Research Analysts Issue Forecasts for Canadian Tire Co. Limited’s Q4 2019 Earnings (TSE:CTC)
Canadian Tire Co. Limited (TSE:CTC) – Investment analysts at Desjardins raised their Q4 2019 earnings per share (EPS) estimates for shares of Canadian Tire in a research note issued on Friday, November 8th. Desjardins analyst K. Howlett now forecasts that the company will earn $5.72 per share for the quarter, up from their prior forecast of $5.63.
Shares of TSE:CTC opened at C$205.00 on Monday. Canadian Tire has a 52-week low of C$185.00 and a 52-week high of C$243.89. The stock has a market cap of $13.07 billion and a P/E ratio of 18.31. The business’s 50 day moving average is C$216.48 and its 200 day moving average is C$224.90. The company has a quick ratio of 1.22, a current ratio of 1.70 and a debt-to-equity ratio of 191.49.
About Canadian Tire
Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates through three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting equipment, gasoline, sporting goods and active wear, and workwear under the Canadian Tire, SportChek, Sports Experts, National Sports, Pro Hockey Life, Atmosphere, Mark's, PartSource, Gas+, and Helly Hansen banners.
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