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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
What's Driving Tesla Lower Ahead of its Earnings?
3 Steel Stocks Could Soar on New China Tariffs
How major US stock indexes fared Thursday, 4/18/2024
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
What's Driving Tesla Lower Ahead of its Earnings?
3 Steel Stocks Could Soar on New China Tariffs
How major US stock indexes fared Thursday, 4/18/2024
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
What's Driving Tesla Lower Ahead of its Earnings?
3 Steel Stocks Could Soar on New China Tariffs
How major US stock indexes fared Thursday, 4/18/2024
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NASDAQ:TSCO

Tractor Supply (TSCO) Stock Price, News & Analysis

$247.35
-0.04 (-0.02%)
(As of 05:32 PM ET)
Today's Range
$246.11
$250.15
50-Day Range
$231.83
$266.17
52-Week Range
$185.00
$268.02
Volume
826,650 shs
Average Volume
1.15 million shs
Market Capitalization
$26.70 billion
P/E Ratio
24.51
Dividend Yield
1.78%
Price Target
$240.57

Tractor Supply MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
2.7% Downside
$240.57 Price Target
Short Interest
Healthy
7.95% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.65
Upright™ Environmental Score
News Sentiment
0.55mentions of Tractor Supply in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$21.20 M Sold Last Quarter
Proj. Earnings Growth
10.11%
From $10.19 to $11.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.31 out of 5 stars

Retail/Wholesale Sector

40th out of 200 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

2nd out of 4 stocks

TSCO stock logo

About Tractor Supply Stock (NASDAQ:TSCO)

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise. It provides its products under the 4health, Paws & Claws, American Farmworks, Producer's Pride, Bit & Bridle, Red Shed, Blue Mountain, Redstone, C.E. Schmidt, Retriever, Country Lane, Ridgecut, Countyline, Royal Wing, Country Tuff, Strive, Dumor, Traveller, Farm Table, Treeline, Groundwork, TSC Tractor Supply Co, Huskee, Untamed, and JobSmart brand names. The company operates its retail stores under the Tractor Supply Company, Petsense by Tractor Supply, and Orscheln Farm and Home names; and operates websites under the TractorSupply.com and Petsense.com names. It sells its products to recreational farmers, ranchers, and others. Tractor Supply Company was founded in 1938 and is based in Brentwood, Tennessee.

TSCO Stock Price History

TSCO Stock News Headlines

The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
Piper Sandler Reaffirms Their Buy Rating on Tractor Supply (TSCO)
The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
In-Depth Examination Of 17 Analyst Recommendations For Tractor Supply
Tractor Supply (NASDAQ:TSCO) Short Interest Update
Tractor Supply Welcomes Weber to Life Out Here
18 Biggest Home Depot Competitors This Year
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 3/12 Dividend
2/23/2024
Dividend Payable
3/12/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Specialty Stores
Current Symbol
NASDAQ:TSCO
CUSIP
89235610
Fax
N/A
Employees
50,000
Year Founded
1938

Price Target and Rating

Average Stock Price Target
$240.57
High Stock Price Target
$285.00
Low Stock Price Target
$171.00
Potential Upside/Downside
-2.8%
Consensus Rating
Hold
Rating Score (0-4)
2.48
Research Coverage
22 Analysts

Profitability

Net Income
$1.11 billion
Pretax Margin
9.84%

Debt

Sales & Book Value

Annual Sales
$14.56 billion
Cash Flow
$14.05 per share
Book Value
$19.92 per share

Miscellaneous

Free Float
107,673,000
Market Cap
$26.70 billion
Optionable
Optionable
Beta
0.84

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Should I Buy Tractor Supply Stock? TSCO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tractor Supply:

  • Tractor Supply has shown consistent growth in its specialty retail sector, indicating a strong market presence and potential for further expansion.
  • The company's diverse product offerings cater to a wide range of rural lifestyle needs, appealing to a broad customer base.
  • Recent increase in institutional investments in Tractor Supply stock suggests confidence from large financial entities in the company's future performance.
  • Tractor Supply's strategic online presence through its websites provides additional revenue streams and enhances customer reach in the digital retail landscape.
  • With a focus on rural markets, Tractor Supply is well-positioned to capitalize on the growing demand for agricultural and lifestyle products in these areas.

Cons

Investors should be bearish about investing in Tractor Supply for these reasons:

  • Fluctuations in the agricultural sector can impact Tractor Supply's sales and profitability, making it susceptible to market volatility.
  • Competitive pressures from other retail giants or e-commerce platforms may pose challenges to Tractor Supply's market share and pricing strategies.
  • Dependency on seasonal and weather-related factors for certain product categories could lead to revenue variability and operational risks.
  • Potential impact of supply chain disruptions or logistic challenges on Tractor Supply's inventory management and distribution network.
  • Investors should carefully monitor the stock price of Tractor Supply to assess valuation metrics and potential risks associated with market conditions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Tractor Supply pros and cons to contact@marketbeat.com.

TSCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Tractor Supply stock right now?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tractor Supply in the last year. There are currently 2 sell ratings, 8 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TSCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSCO, but not buy additional shares or sell existing shares.
View TSCO analyst ratings
or view top-rated stocks.

What is Tractor Supply's stock price target for 2024?

22 Wall Street research analysts have issued 1-year price targets for Tractor Supply's shares. Their TSCO share price targets range from $171.00 to $285.00. On average, they expect the company's stock price to reach $240.57 in the next twelve months. This suggests that the stock has a possible downside of 2.7%.
View analysts price targets for TSCO
or view top-rated stocks among Wall Street analysts.

How have TSCO shares performed in 2024?

Tractor Supply's stock was trading at $215.03 on January 1st, 2024. Since then, TSCO stock has increased by 15.0% and is now trading at $247.35.
View the best growth stocks for 2024 here
.

Are investors shorting Tractor Supply?

Tractor Supply saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 8,550,000 shares, a decline of 19.3% from the March 15th total of 10,590,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the days-to-cover ratio is presently 7.4 days. Approximately 8.0% of the shares of the company are sold short.
View Tractor Supply's Short Interest
.

When is Tractor Supply's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our TSCO earnings forecast
.

How can I listen to Tractor Supply's earnings call?

Tractor Supply will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Tractor Supply's earnings last quarter?

Tractor Supply (NASDAQ:TSCO) posted its earnings results on Thursday, February, 1st. The specialty retailer reported $2.28 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.06. The specialty retailer earned $3.66 billion during the quarter, compared to analyst estimates of $3.67 billion. Tractor Supply had a net margin of 7.61% and a trailing twelve-month return on equity of 53.60%. The company's revenue for the quarter was down 8.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.43 earnings per share.
Read the conference call transcript
.

How often does Tractor Supply pay dividends? What is the dividend yield for Tractor Supply?

Tractor Supply announced a quarterly dividend on Monday, February 5th. Stockholders of record on Monday, February 26th will be given a dividend of $1.10 per share on Tuesday, March 12th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Friday, February 23rd. This is an increase from the stock's previous quarterly dividend of $1.03.
Read our dividend analysis for TSCO
.

Is Tractor Supply a good dividend stock?

Tractor Supply (NASDAQ:TSCO) pays an annual dividend of $4.40 per share and currently has a dividend yield of 1.80%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSCO will have a dividend payout ratio of 39.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TSCO.

What guidance has Tractor Supply issued on next quarter's earnings?

Tractor Supply issued an update on its FY 2024 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of 9.850-10.500 for the period, compared to the consensus estimate of 10.320. The company issued revenue guidance of $14.7 billion-$15.1 billion, compared to the consensus revenue estimate of $15.0 billion.

What is Hal Lawton's approval rating as Tractor Supply's CEO?

90 employees have rated Tractor Supply Chief Executive Officer Hal Lawton on Glassdoor.com. Hal Lawton has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Tractor Supply own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tractor Supply investors own include NVIDIA (NVDA), Johnson & Johnson (JNJ), PayPal (PYPL), Advanced Micro Devices (AMD), Walt Disney (DIS), Netflix (NFLX), Visa (V), Starbucks (SBUX), Mastercard (MA) and Salesforce (CRM).

Who are Tractor Supply's major shareholders?

Tractor Supply's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Fort Pitt Capital Group LLC (0.30%), Congress Asset Management Co. MA (0.15%), Pensioenfonds Rail & OV (0.14%), Congress Wealth Management LLC DE (0.07%), IMC Chicago LLC (0.00%) and Running Oak Capital LLC (0.04%). Insiders that own company stock include Christi C Korzekwa, Colin Yankee, Cynthia T Jamison, Edna Morris, Harry A Lawton III, John P Ordus, Jonathan S Estep, Jonathan S Estep, Kurt D Barton, Mark J Weikel, Matthew L Rubin, Melissa Kersey and Robert D Mills.
View institutional ownership trends
.

How do I buy shares of Tractor Supply?

Shares of TSCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Tractor Supply have any subsidiaries?
The following companies are subsidiares of Tractor Supply: Del's Feed & Farm Supply, Dels Farm Supply LLC, Orscheln Farm and Home, Petsense LLC, Quality Stores, TSC Franklin DC LLC, TSC Navarre DC LLC, TSC Purchasing LLC, TSC SSC Bond LLC, Tractor Supply Co. of Michigan LLC, Tractor Supply Co. of Texas LP, and Tractor Supply Company of Utah LLC.
Read More
This page (NASDAQ:TSCO) was last updated on 4/18/2024 by MarketBeat.com Staff

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