Tractor Supply Co. (NASDAQ: TSCO) has a price-to-earnings ratio that is above its average at 28.48x. The stock has a 36-month beta value of 0.80. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 5 as “overweight,” 19 as “hold,” and 0 as “sell.”
The public float for TSCO is 107.55M, and at present, short sellers hold a 6.79% of that float. On October 02, 2024, the average trading volume of TSCO was 850.10K shares.
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TSCO) stock’s latest price update
Tractor Supply Co. (NASDAQ: TSCO)’s stock price has surge by 1.45relation to previous closing price of 290.93. Nevertheless, the company has seen a 6.33% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-09-30 that BRENTWOOD, Tenn.–(BUSINESS WIRE)–Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, and the Tractor Supply Company Foundation surprised five high school FFA chapters across the country with the funds needed for students to attend the 97th Annual National FFA Convention and Expo. The convention takes place in Indianapolis in October and is the pinnacle event for students involved in FFA, providing opportunities to learn, compete and develop. Tract.
TSCO’s Market Performance
Tractor Supply Co. (TSCO) has experienced a 6.33% rise in stock performance for the past week, with a 10.31% rise in the past month, and a 10.94% rise in the past quarter. The volatility ratio for the week is 1.81%, and the volatility levels for the past 30 days are at 1.97% for TSCO. The simple moving average for the past 20 days is 6.42% for TSCO’s stock, with a 15.08% simple moving average for the past 200 days.
Analysts’ Opinion of TSCO
Many brokerage firms have already submitted their reports for TSCO stocks, with Telsey Advisory Group repeating the rating for TSCO by listing it as a “Outperform.” The predicted price for TSCO in the upcoming period, according to Telsey Advisory Group is $300 based on the research report published on July 26, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see TSCO reach a price target of $305, previously predicting the price at $280. The rating they have provided for TSCO stocks is “Outperform” according to the report published on May 01st, 2024.
Telsey Advisory Group gave a rating of “Outperform” to TSCO, setting the target price at $280 in the report published on April 26th of the current year.
TSCO Trading at 9.63% from the 50-Day Moving Average
After a stumble in the market that brought TSCO to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.24% of gains for the given period.
Volatility was left at 1.97%, however, over the last 30 days, the volatility rate increased by 1.81%, as shares surge +9.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.88% upper at present.
During the last 5 trading sessions, TSCO rose by +6.33%, which changed the moving average for the period of 200-days by +33.87% in comparison to the 20-day moving average, which settled at $278.68. In addition, Tractor Supply Co. saw 37.26% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TSCO starting from Barton Kurt D, who proposed sale 23,532 shares at the price of $295.64 back on Oct 01 ’24. After this action, Barton Kurt D now owns shares of Tractor Supply Co., valued at $6,956,918 using the latest closing price.
Barton Kurt D, the EVP Chief Financial Officer of Tractor Supply Co., sale 10,995 shares at $275.00 during a trade that took place back on Aug 28 ’24, which means that Barton Kurt D is holding 9,683 shares at $3,023,625 based on the most recent closing price.
Stock Fundamentals for TSCO
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.35 for the gross margin
The net margin for Tractor Supply Co. stands at 0.08. The total capital return value is set at 0.21. Equity return is now at value 51.28, with 11.97 for asset returns.
Based on Tractor Supply Co. (TSCO), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.65. The debt to equity ratio resting at 0.92. The interest coverage ratio of the stock is 33.33.
Currently, EBITDA for the company is 1.87 billion with net debt to EBITDA at 2.48. When we switch over and look at the enterprise to sales, we see a ratio of 2.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
To sum up, Tractor Supply Co. (TSCO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
