Canadian Tire (TSE:CTC) Sets New 1-Year Low at $210.10

Canadian Tire Co., Limited (TSE:CTC)’s stock price reached a new 52-week low on Thursday . The stock traded as low as C$210.10 and last traded at C$210.10, with a volume of 256 shares trading hands. The stock had previously closed at C$215.00.

Canadian Tire Price Performance

The firm has a market cap of C$718.54 million, a price-to-earnings ratio of 41.69, a P/E/G ratio of 3.55 and a beta of 1.37. The company has a current ratio of 1.76, a quick ratio of 1.15 and a debt-to-equity ratio of 186.00. The stock’s fifty day moving average price is C$228.73 and its 200-day moving average price is C$247.21.

Canadian Tire (TSE:CTC) last posted its earnings results on Thursday, May 9th. The company reported C$1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.79 by C$0.59. Canadian Tire had a return on equity of 5.97% and a net margin of 1.71%. The company had revenue of C$3.52 billion during the quarter, compared to analysts’ expectations of C$3.51 billion. As a group, equities research analysts forecast that Canadian Tire Co., Limited will post 11.9521912 earnings per share for the current fiscal year.

Canadian Tire Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, September 1st. Shareholders of record on Wednesday, July 31st will be given a $1.75 dividend. The ex-dividend date is Wednesday, July 31st. This represents a $7.00 dividend on an annualized basis and a yield of 3.33%. Canadian Tire’s payout ratio is currently 138.89%.

About Canadian Tire

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services and roadside assistance; electrical, hardware, home environment, paint, plumbing, and tool products; cleaning, food & drink, home décor, home essentials, home organization, kitchen, and pet care products; camping, exercise, hockey, hunting, fishing, seasonal recreation, and team sports and golf products; and backyard living, backyard fun, cycling, gardening, outdoor tools, seasonal, and toy products.