PINX: CDNTF
Last close prices updated as of
May 10, 2023, 3:50 PM EST
| USD
- Last Close 251.68
- Sector Consumer Cyclical
- Industry Specialty Retail
- Investment Style Mid Value
- Day Range 242.00 – 251.68
- Year Range 187.03 – 273.90
- Market Cap 14.3836 Bil
- Volume / Avg 4.0 / 4.5
- Price / Sales 1.13
- Price / Book 3.67
- Forward Div Yield 2.05%
- Trailing Div Yield 3.18%
Morningstar‘s Stock Analysis CDNTF
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Company Profile CDNTF
Business Description
Canadian Tire sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories, and vehicle fuel through a roughly 1,700-store network of company, dealer, and franchisee-operated locations across Canada. Aside from the namesake banner, stores operate primarily under the Mark’s, SportChek, Party City, Atmosphere, and PartSource monikers. Additionally, the company owns Helly Hansen, a Norwegian sportswear and workwear brand, and also operates and holds majority ownership of a financing arm (Canadian Tire Financial Services; 20% owned by Scotiabank) and a REIT (CT REIT; Canadian Tire owns about 70%).
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CDNTF’s competitive advantage.
Canadian Tire Corp Ltd
PINX: CDNTF
| Target Corp
XNYS: TGT
| Walmart Inc
XNYS: WMT
| Dollar General Corp
XNYS: DG
| |
Price
| 251.68 | 138.93 | 146.42 | 205.10 |
Currency
| USD | USD | USD | USD |
Change
| +$9.68 (4.00%) | −$1.82 (1.29%) | +$0.26 (0.18%) | +$1.49 (0.73%) |
Market Cap
| 14.38 Bil | 64.12 Bil | 394.95 Bil | 44.94 Bil |
Industry
| Specialty Retail | Discount Stores | Discount Stores | Discount Stores |
Sector
|
Consumer Cyclical
|
Consumer Defensive
|
Consumer Defensive
|
Consumer Defensive
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Canadian Tire Corp Ltd Stock
Yes. CDNTF has a forward dividend yield of 2.05%.
See
CDNTF’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
CDNTF’s market cap is 14.38 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
CDNTF’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
CDNTF’s price/sales is 1.11.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
CDNTF’s price/forward earnings is 22.65.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
CDNTF’s price/book is 3.68.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See CDNTF’s valuation ratios compared to the Market Index.
CDNTF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare CDNTF’s historical performance against its industry peers and the overall market.