Technical Outlook And Game Plan For Tractor Supply Co (NASDAQ: TSCO)

Tractor Supply Co (TSCO) concluded trading on Wednesday at a closing price of $53.10, with 4.96 million shares of worth about $263.36 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.24% during that period and on January 15, 2025 the price saw a loss of about -0.15%. Currently the company’s common shares owned by public are about 539.34M shares, out of which, 537.76M shares are available for trading.

Stock saw a price change of -1.43% in past 5 days and over the past one month there was a price change of -6.93%. Year-to-date (YTD), TSCO shares are showing a performance of 0.08% which increased to 18.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $44.16 but also hit the highest price of $61.53 during that period. The average intraday trading volume for Tractor Supply Co shares is 5.18 million. The stock is currently trading -1.27% below its 20-day simple moving average (SMA20), while that difference is down -3.86% for SMA50 and it goes to -2.78% lower than SMA200.

Tractor Supply Co (NASDAQ: TSCO) currently have 539.34M outstanding shares and institutions hold larger chunk of about 96.12% of that.

The stock has a current market capitalization of $28.64B and its 3Y-monthly beta is at 0.84. PE ratio of stock for trailing 12 months is 25.84, while it has posted earnings per share of $2.06 in the same period. Its PEG reads 3.87 and has Quick Ratio of 0.17 while making debt-to-equity ratio of 2.33. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TSCO, volatility over the week remained 2.66% while standing at 2.66% over the month.

Stock’s fiscal year EPS is expected to rise by 1.90% while it is estimated to increase by 6.88% in next year. EPS is likely to shrink at an annualized rate of 6.68% for next 5-years, compared to annual growth of 18.53% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on January 06, 2025 offering an Outperform rating for the stock and assigned a target price range of between $54 and $60 to it. Coverage by Telsey Advisory Group stated Tractor Supply Co (TSCO) stock as an Outperform in their note to investors on October 17, 2024, suggesting a price target of $335 for the stock. On October 03, 2024, Evercore ISI Downgrade their recommendations, while on July 26, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $300. Stock get an Outperform rating from Telsey Advisory Group on May 01, 2024.

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