What is Desjardins’ Forecast for Canadian Tire Q2 Earnings?

Canadian Tire Co., Limited (TSE:CTC) – Equities research analysts at Desjardins increased their Q2 2025 earnings per share estimates for shares of Canadian Tire in a research report issued to clients and investors on Wednesday, May 7th. Desjardins analyst C. Li now forecasts that the company will earn $3.71 per share for the quarter, up from their prior estimate of $3.68. 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 $3.13 EPS and FY2026 earnings at $13.61 EPS.

A number of other equities analysts also recently weighed in on CTC. BMO Capital Markets raised Canadian Tire from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 20th. Scotiabank set a C$140.00 target price on shares of Canadian Tire and gave the company an “underperform” rating in a research report on Friday, February 7th.

Canadian Tire Stock Up 2.7 %

CTC stock opened at C$228.00 on Friday. The business has a 50-day moving average of C$216.65 and a 200-day moving average of C$220.36. Canadian Tire has a fifty-two week low of C$192.10 and a fifty-two week high of C$255.00. The stock has a market capitalization of C$8.72 billion, a P/E ratio of 13.09, a P/E/G ratio of 0.49 and a beta of 1.33. The company has a debt-to-equity ratio of 150.68, a current ratio of 1.60 and a quick ratio of 1.15.

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.