Tractor Supply Co (NASDAQ: TSCO) Seen Running Too Hot, Let’s Look At This More Closely

Currently, there are 539.34M common shares owned by the public and among those 537.76M shares have been available to trade.

The company’s stock has a 5-day price change of 4.23% and -4.67% over the past three months. TSCO shares are trading 7.20% year to date (YTD), with the 12-month market performance up to 23.52% higher. It has a 12-month low price of $44.35 and touched a high of $61.53 over the same period. TSCO has an average intraday trading volume of 5.24 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.69%, 2.93%, and 4.04% respectively.

Institutional ownership of Tractor Supply Co (NASDAQ: TSCO) shares accounts for 96.15% of the company’s 539.34M shares outstanding.

It has a market capitalization of $30.68B and a beta (3y monthly) value of 0.84. The stock’s trailing 12-month PE ratio is 27.68, while the earnings-per-share (ttm) stands at $2.06. The company has a PEG of 4.26 and a Quick Ratio of 0.17 with the debt-to-equity ratio at 2.33. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.28% over the week and 2.80% over the month.

Analysts forecast that Tractor Supply Co (TSCO) will achieve an EPS of 0.45 for the current quarter, 0.37 for the next quarter and 2.2 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.42 while analysts give the company a high EPS estimate of 0.42. Comparatively, EPS for the current quarter was 0.46 a year ago. Earnings per share for the fiscal year are expected to increase by 1.91%, and 6.78% over the next financial year. EPS should shrink at an annualized rate of 6.50% over the next five years, compared to 18.53% over the past 5-year period.

Looking at the support for the TSCO, a number of firms have released research notes about the stock. Mizuho stated their Outperform rating for the stock in a research note on January 06, 2025, with the firm’s price target at $54-$60. Telsey Advisory Group coverage for the Tractor Supply Co (TSCO) stock in a research note released on October 17, 2024 offered a Outperform rating with a price target of $335. Evercore ISI was of a view on October 03, 2024 that the stock is In-line, while Telsey Advisory Group gave the stock Outperform rating on July 26, 2024, issuing a price target of $305- $300. Telsey Advisory Group on their part issued Outperform rating on May 01, 2024.

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