Canadian Tire (TSE:CTC) Reaches New 52-Week Low at $228.85

Canadian Tire Co., Limited (TSE:CTC)’s stock price hit a new 52-week low on Thursday . The stock traded as low as C$228.85 and last traded at C$229.00, with a volume of 1857 shares. The stock had previously closed at C$241.93.

Canadian Tire Stock Performance

The firm’s fifty day moving average price is C$245.00 and its 200-day moving average price is C$262.12. The company has a current ratio of 1.77, a quick ratio of 1.15 and a debt-to-equity ratio of 180.91. The firm has a market cap of C$853.12 million, a price-to-earnings ratio of 65.99, a PEG ratio of 3.55 and a beta of 1.37.

Canadian Tire (TSE:CTC) last released its quarterly earnings data on Thursday, February 15th. The company reported C$3.38 earnings per share (EPS) for the quarter, missing the consensus estimate of C$4.81 by C($1.43). Canadian Tire had a net margin of 1.28% and a return on equity of 5.03%. The company had revenue of C$4.44 billion during the quarter, compared to analyst estimates of C$4.84 billion. Analysts expect that Canadian Tire Co., Limited will post 11.192176 earnings per share for the current year.

Canadian Tire Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, June 1st. Investors of record on Tuesday, April 30th will be paid a dividend of $1.75 per share. The ex-dividend date is Monday, April 29th. This represents a $7.00 dividend on an annualized basis and a yield of 2.81%. Canadian Tire’s dividend payout ratio is presently 185.19%.

Canadian Tire Company Profile

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.