Desjardins Comments on Canadian Tire’s Q1 Earnings (TSE:CTC)

Canadian Tire Co., Limited (TSE:CTC) – Desjardins decreased their Q1 2025 earnings per share (EPS) estimates for Canadian Tire in a report released on Wednesday, May 7th. Desjardins analyst C. Li now anticipates that the company will earn $1.08 per share for the quarter, down from their previous forecast of $1.48. The consensus estimate for Canadian Tire’s current full-year earnings is $13.70 per share. Desjardins also issued estimates for Canadian Tire’s Q3 2025 earnings at $3.00 EPS, Q4 2025 earnings at $3.69 EPS and FY2025 earnings at $11.56 EPS.

CTC has been the subject of several other reports. Scotiabank set a C$140.00 target price on shares of Canadian Tire and gave the company an “underperform” rating in a research note on Friday, February 7th. BMO Capital Markets raised shares of Canadian Tire from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 20th.

Canadian Tire Price Performance

CTC stock opened at C$229.00 on Monday. The stock has a 50-day moving average price of C$216.87 and a two-hundred day moving average price of C$220.30. The stock has a market cap of C$8.76 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 0.49 and a beta of 1.33. The company has a current ratio of 1.60, a quick ratio of 1.15 and a debt-to-equity ratio of 150.68. Canadian Tire has a 1 year low of C$192.10 and a 1 year high of C$255.00.

About Canadian Tire

Canadian Tire Corporation, Limited, (TSX: CTC.A) (TSX: CTC) or ‘CTC’, is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions.