Could this be the case of a blown-up long-term opportunity? Tractor Supply Co (TSCO)

Tractor Supply Co [TSCO] stock is trading at $285.27, down -0.08%. 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 0.99% over the last week, with a monthly amount glided 2.18%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Tractor Supply Co [NASDAQ: TSCO] stock has seen the most recent analyst activity on October 17, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $335 from $300. Previously, Evercore ISI downgraded its rating to In-line on October 03, 2024, and kept the price target unchanged to $300. On July 26, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $300 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $305 on May 01, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $280 on April 26, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on April 19, 2024, and upped its price target to $275. In a note dated March 19, 2024, Mizuho initiated an Neutral rating and provided a target price of $245 on this stock.

Tractor Supply Co [TSCO] stock has fluctuated between $209.00 and $307.64 over the past year. Currently, Wall Street analysts expect the stock to reach $305.78 within the next 12 months. Tractor Supply Co [NASDAQ: TSCO] shares were valued at $285.27 at the most recent close of the market. An investor can expect a potential return of 7.19% based on the average TSCO price forecast.

Analyzing the TSCO fundamentals

Tractor Supply Co [NASDAQ:TSCO] reported sales of 14.77B for the trailing twelve months, which represents a growth of 1.65%. Gross Profit Margin for this corporation currently stands at 0.34% 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 0.11, Equity is 0.5 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.

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 283.08 points at the first support level, and at 280.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 287.36, and for the 2nd resistance point, it is at 289.46.

Ratios To Look Out For

For context, Tractor Supply Co’s Current Ratio is 1.48. As well, the Quick Ratio is 0.17, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 2.06, the price to book ratio is 13.33 and price to earnings (TTM) ratio is 27.76.

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.

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