A share price of Tractor Supply Co. [TSCO] is currently trading at $260.02, up 1.51%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TSCO shares have lost -0.66% over the last week, with a monthly amount drifted -0.34%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Tractor Supply Co. [NASDAQ: TSCO] stock has seen the most recent analyst activity on July 26, 2024, when Telsey Advisory Group reiterated its Outperform rating and also revised its price target to $300 from $305. Previously, Telsey Advisory Group reaffirmed its Outperform rating on May 01, 2024, and elevated its price target to $305. On April 26, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $280 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $275 on April 19, 2024. Mizuho initiated its recommendation with a Neutral and recommended $245 as its price target on March 19, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on February 02, 2024, and upped its price target to $250. In a note dated February 02, 2024, Raymond James downgraded an Outperform rating on this stock and boosted its target price from $230 to $250.
Tractor Supply Co. experienced fluctuations in its stock price throughout the past year between $185.00 and $290.38. Currently, Wall Street analysts expect the stock to reach $245.76 within the next 12 months. Tractor Supply Co. [NASDAQ: TSCO] shares were valued at $260.02 at the most recent close of the market. An investor can expect a potential drop of -5.48% based on the average TSCO price forecast.
Analyzing the TSCO fundamentals
Trailing Twelve Months sales for Tractor Supply Co. [NASDAQ:TSCO] were 14.71B which represents 1.48% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.52 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 256.78 points at the first support level, and at 253.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 262.80, and for the 2nd resistance point, it is at 265.59.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tractor Supply Co. [NASDAQ:TSCO] is 1.43. As well, the Quick Ratio is 0.25, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 1.91, the price to book ratio is 13.21 and price to earnings (TTM) ratio is 25.08.
Transactions by insiders
Recent insider trading involved Barton Kurt D, EVP Chief Financial Officer, that happened on Mar 15 ’24 when 4335.0 shares were sold. EVP Chief Supply Chain Officer, Yankee Colin completed a deal on Feb 28 ’24 to sell 8675.0 shares. Meanwhile, SVP General Counsel Ellison Noni L sold 6199.0 shares on Feb 23 ’24.
