In the past week, TSCO stock has gone up by 7.84%, with a monthly decline of -4.86% and a quarterly surge of 10.74%. The volatility ratio for the week is 2.59%, and the volatility levels for the last 30 days are 2.24% for Tractor Supply Co The simple moving average for the last 20 days is 1.32% for TSCO stock, with a simple moving average of 8.74% for the last 200 days.
Is It Worth Investing in Tractor Supply Co (NASDAQ: TSCO) Right Now?
Tractor Supply Co (NASDAQ: TSCO) has a higher price-to-earnings ratio of 28.13x compared to its average ratio. TSCO has 36-month beta value of 0.82. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 5 as “overweight,” 19 as “hold,” and 0 as “sell.”
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The public float for TSCO is 107.55M, and currently, short sellers hold a 6.05% ratio of that float. The average trading volume of TSCO on November 07, 2024 was 842.45K shares.
TSCO) stock’s latest price update
Tractor Supply Co (NASDAQ: TSCO) has seen a rise in its stock price by 4.61 in relation to its previous close of 276.21. However, the company has experienced a 7.84% gain in its stock price over the last five trading sessions. fool.com reported 2024-11-04 that Many investors have no idea that this huge business is a major player in the pet space.
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 $335 based on the research report published on October 17, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see TSCO reach a price target of $300. The rating they have provided for TSCO stocks is “In-line” according to the report published on October 03rd, 2024.
Telsey Advisory Group gave a rating of “Outperform” to TSCO, setting the target price at $300 in the report published on July 26th of the current year.
TSCO Trading at 2.15% 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 unable to rebound, for now settling with -6.08% of loss for the given period.
Volatility was left at 2.24%, however, over the last 30 days, the volatility rate increased by 2.59%, as shares sank -3.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.87% upper at present.
During the last 5 trading sessions, TSCO rose by +7.84%, which changed the moving average for the period of 200-days by +26.51% in comparison to the 20-day moving average, which settled at $285.18. In addition, Tractor Supply Co saw 34.38% 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 sale 23,532 shares at the price of $295.64 back on Oct 01 ’24. After this action, Barton Kurt D now owns 9,683 shares of Tractor Supply Co, valued at $6,956,923 using the latest closing price.
Barton Kurt D, the Officer of Tractor Supply Co, proposed sale 23,532 shares at $295.64 during a trade that took place back on Oct 01 ’24, which means that Barton Kurt D is holding shares at $6,956,918 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
- 0.36 for the gross margin
The net margin for Tractor Supply Co stands at 0.08. The total capital return value is set at 0.2. Equity return is now at value 50.58, with 11.73 for asset returns.
Based on Tractor Supply Co (TSCO), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 2.33. The interest coverage ratio of the stock is 30.07.
Currently, EBITDA for the company is 1.87 billion with net debt to EBITDA at 2.69. When we switch over and look at the enterprise to sales, we see a ratio of 2.46. The receivables turnover for the company is 1027.02for trailing twelve months and the total asset turnover is 1.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.
Conclusion
To put it simply, Tractor Supply Co (TSCO) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
