Tractor Supply Co. [TSCO] stock is trading at $303.70, up 3.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TSCO shares have gain 2.90% over the last week, with a monthly amount glided 11.33%, and 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 October 03, 2024, when Evercore ISI downgraded its rating to a In-line but kept the price target unchanged to $300 for it. Previously, Telsey Advisory Group reaffirmed its Outperform rating on July 26, 2024, and dropped its price target to $300. On May 01, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $305 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $280 on April 26, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $275 on April 19, 2024. Mizuho started tracking with a Neutral rating for this stock on March 19, 2024, and assigned it a price target of $245. In a note dated February 02, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $245 to $250.
Tractor Supply Co. [TSCO] stock has fluctuated between $185.00 and $298.36 over the past year. Currently, Wall Street analysts expect the stock to reach $250.05 within the next 12 months. Tractor Supply Co. [NASDAQ: TSCO] shares were valued at $303.70 at the most recent close of the market. An investor can expect a potential drop of -17.67% based on the average TSCO price forecast.
Analyzing the TSCO fundamentals
Tractor Supply Co. [NASDAQ:TSCO] reported sales of 14.71B for the trailing twelve months, which represents a growth of 1.48%. 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 296.64 points at the first support level, and at 289.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 307.46, and for the 2nd resistance point, it is at 311.22.
Ratios To Look Out For
For context, Tractor Supply Co.’s Current Ratio 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 2.23, the price to book ratio is 14.15 and price to earnings (TTM) ratio is 29.30.
Transactions by insiders
Recent insider trading involved Barton Kurt D, EVP Chief Financial Officer, that happened on Oct 01 ’24 when 23532.0 shares were sold. Officer, Barton Kurt D completed a deal on Oct 01 ’24 to buy 23532.0 shares. Meanwhile, EVP Chief Financial Officer Barton Kurt D sold 10995.0 shares on Aug 28 ’24.
