Canadian Tire (TSE:CTC) Reaches New 52-Week Low at $224.35

Shares of Canadian Tire Co., Limited (TSE:CTC) reached a new 52-week low on Monday . The company traded as low as C$224.35 and last traded at C$235.01, with a volume of 372 shares changing hands. The stock had previously closed at C$230.00.

Canadian Tire Stock Performance

The company has a 50-day moving average price of C$244.81 and a two-hundred day moving average price of C$259.77. The company has a quick ratio of 1.15, a current ratio of 1.77 and a debt-to-equity ratio of 180.91. The stock has a market capitalization of C$803.73 million, a P/E ratio of 61.01, a PEG ratio of 3.55 and a beta of 1.37.

Canadian Tire (TSE:CTC) last announced its quarterly earnings results on Thursday, February 15th. The company reported C$3.38 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 firm had revenue of C$4.44 billion during the quarter, compared to the consensus estimate of C$4.84 billion. Equities analysts expect that Canadian Tire Co., Limited will post 11.1758989 earnings per share for the current year.

Canadian Tire Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, June 1st. Stockholders of record on Tuesday, April 30th will be issued a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Monday, April 29th. Canadian Tire’s payout ratio is 185.68%.

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.