A director at Canadian Tire Corp Ltd bought 950 shares at 105.726USD and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...
The general evaluation of CANADIAN TIRE CORP (CA), a company active in the Specialty Retailers industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 18, 2022, the closing ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Canadian Tire Corporation and CT REIT Announce a Joint Secondary and Treasury Offering of CT REIT Units CTC to monetize a 6.8% effective interest in CT REIT, through a $150 million secondary offering of CT REIT unitsCT REIT to complete a $90 million treasury offering of CT REIT units to fund its growth strategyCTC remains committed to the strategic importance of its real estate portfolio and will retain an approximate 69.4% effective interest in CT REIT following the OfferingThe Offering should enhance trading liquidity of CT REIT’s units which should qualify for eventual inclusion in certa...
Despite its iconic namesake brand, Canadian Tire faces intense competition in a changing sector. With shoppers embracing e-commerce, Canadian Tire faces top- and bottom-line strain as online retailers often economically offer a price and selection advantage. While the geographic dispersion of Canadian consumers is a barrier to digital penetration due to shipping speeds and costs (giving Canadian Tire’s extensive store network an advantage), we expect urban and suburban shoppers to further embr...
Our CAD 143 fair value estimate for no-moat Canadian Tire should not change much after first-quarter results. We also do not anticipate altering our long-term outlook (low- to mid-single-digit revenue growth and low-double-digit adjusted EBITDA margin on average for the next 10 years). Canadian Tire saw 3% first-quarter revenue growth against 109 basis points of adjusted EBITDA margin contraction (to 12.5%, excluding fuel and the impact of new lease accounting standards). While we anticipate bet...
Our CAD 143 fair value estimate for no-moat Canadian Tire should not change much after first-quarter results. We also do not anticipate altering our long-term outlook (low- to mid-single-digit revenue growth and low-double-digit adjusted EBITDA margin on average for the next 10 years). Canadian Tire saw 3% first-quarter revenue growth against 109 basis points of adjusted EBITDA margin contraction (to 12.5%, excluding fuel and the impact of new lease accounting standards). While we anticipate be...
Our CAD 143 fair value estimate for no-moat Canadian Tire should not change much after first-quarter results. We also do not anticipate altering our long-term outlook (low- to mid-single-digit revenue growth and low-double-digit adjusted EBITDA margin on average for the next 10 years). Canadian Tire saw 3% first-quarter revenue growth against 109 basis points of adjusted EBITDA margin contraction (to 12.5%, excluding fuel and the impact of new lease accounting standards). While we anticipate bet...
Despite its iconic namesake brand, Canadian Tire faces intense competition in a changing sector. With shoppers embracing e-commerce, Canadian Tire faces top- and bottom-line strain as online retailers often economically offer a price and selection advantage. While the geographic dispersion of Canadian consumers is a barrier to digital penetration due to shipping speeds and costs (giving Canadian Tire’s extensive store network an advantage), we expect urban and suburban shoppers to further embr...
We do not anticipate significantly changing our CAD 150 fair value estimate for no-moat Canadian Tire after it posted fourth-quarter results. With full-year marks near our expectations, we do not plan to alter our 10-year outlook, which calls for low- to mid-single-digit revenue growth and 12%-13% adjusted EBITDA margin, on average. We suggest investors await a greater margin of safety before building a position in a retailer facing a competitive onslaught. In 2018, Canadian Tire posted 6% reven...
We do not anticipate significantly changing our CAD 150 fair value estimate for no-moat Canadian Tire after it posted fourth-quarter results. With full-year marks near our expectations, we do not plan to alter our 10-year outlook, which calls for low- to mid-single-digit revenue growth and 12%-13% adjusted EBITDA margin, on average. We suggest investors await a greater margin of safety before building a position in a retailer facing a competitive onslaught. In 2018, Canadian Tire posted 6% reve...
We do not anticipate significantly changing our CAD 150 fair value estimate for no-moat Canadian Tire after it posted fourth-quarter results. With full-year marks near our expectations, we do not plan to alter our 10-year outlook, which calls for low- to mid-single-digit revenue growth and 12%-13% adjusted EBITDA margin, on average. We suggest investors await a greater margin of safety before building a position in a retailer facing a competitive onslaught. In 2018, Canadian Tire posted 6% reven...
After it posted solid third-quarter results, we plan a mid- to high-single-digit percentage uptick for our CAD 144 per share valuation for no-moat Canadian Tire. However, we do not see a material change in its long-term standing, leaving our 10-year view (low- to mid-single-digit revenue growth, 12% adjusted EBITDA margin on average for the next decade) in place. We see the shares as somewhat rich, considering Canadian Tire's exposure to intense competition in an industry with negligible switchi...
After it posted solid third-quarter results, we plan a mid- to high-single-digit percentage uptick for our CAD 144 per share valuation for no-moat Canadian Tire. However, we do not see a material change in its long-term standing, leaving our 10-year view (low- to mid-single-digit revenue growth, 12% adjusted EBITDA margin on average for the next decade) in place. We see the shares as somewhat rich, considering Canadian Tire's exposure to intense competition in an industry with negligible switchi...
After it posted solid third-quarter results, we plan a mid- to high-single-digit percentage uptick for our CAD 144 per share valuation for no-moat Canadian Tire. However, we do not see a material change in its long-term standing, leaving our 10-year view (low- to mid-single-digit revenue growth, 12% adjusted EBITDA margin on average for the next decade) in place. We see the shares as somewhat rich, considering Canadian Tire's exposure to intense competition in an industry with negligible switchi...
Despite its iconic namesake brand, Canadian Tire faces intense competition in a changing sector. With shoppers embracing e-commerce, Canadian Tire faces top- and bottom-line strain as online retailers often economically offer a price and selection advantage. While the geographic dispersion of Canadian consumers is a barrier to digital penetration due to shipping speeds and costs (giving Canadian Tire’s extensive store network an advantage), we expect urban and suburban shoppers to further embr...
Soft second-quarter results should lead to a low- to mid-single-digit percentage cut to our CAD 154 per share valuation for no-moat Canadian Tire, but the results do not much alter our long-term view (low-single-digit revenue growth, 13% adjusted EBITDA margin on average for the next decade). Our reaction is more muted than the shares' high-single-digit percentage swoon after the news largely because we had been relatively pessimistic about near-term earnings. Still, we believe the shares are ex...
Soft second-quarter results should lead to a low- to mid-single-digit percentage cut to our CAD 154 per share valuation for no-moat Canadian Tire, but the results do not much alter our long-term view (low-single-digit revenue growth, 13% adjusted EBITDA margin on average for the next decade). Our reaction is more muted than the shares' high-single-digit percentage swoon after the news largely because we had been relatively pessimistic about near-term earnings. Still, we believe the shares are ex...
Soft second-quarter results should lead to a low- to mid-single-digit percentage cut to our CAD 154 per share valuation for no-moat Canadian Tire, but the results do not much alter our long-term view (low-single-digit revenue growth, 13% adjusted EBITDA margin on average for the next decade). Our reaction is more muted than the shares' high-single-digit percentage swoon after the news largely because we had been relatively pessimistic about near-term earnings. Still, we believe the shares are ex...
We do not plan a large change to our CAD 150 fair value estimate after no-moat Canadian Tire posted first-quarter results that leave our 2018 targets in reach (3% revenue growth and 50 basis points of adjusted EBITDA margin contraction versus our forecast of 4% and 60 basis points). Seasonally, the first quarter is smallest. Our long-term forecast--for low-single-digit revenue growth and 13% adjusted EBITDA margin on average for the next decade--is intact. Canadian Tire also announced it will bu...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.