Tractor Supply (TSCO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $281.17 to $286.75
• 50-Day Range: $265.51 to $303.74
• 52-Week Range: $197.00 to $307.64
• Volume: 730,721 shs
• Average Volume: 1.05 million shs
• Market Capitalization: $30.12 billion
• P/E Ratio: 27.43
• Dividend Yield: 1.56%
• Price Target: $282.59
• Consensus Rating: Moderate Buy

Tractor Supply Stock Analysis - MarketRank™

Tractor Supply scored higher than 91% of companies evaluated by MarketBeat, and ranked 42nd out of 214 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Tractor Supply has received a consensus rating of Moderate Buy. The company's average rating score is 2.52, and is based on 12 buy ratings, 8 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Tractor Supply has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.42%

Earnings Growth

Earnings for Tractor Supply are expected to grow by 7.42% in the coming year, from $10.24 to $11.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tractor Supply is 27.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tractor Supply is 27.43, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 123.90.

Price to Earnings Growth Ratio

Tractor Supply has a PEG Ratio of 3.59. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tractor Supply has a P/B Ratio of 13.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.60% of the float of Tractor Supply has been sold short.

Short Interest Ratio / Days to Cover

Tractor Supply has a short interest ratio ("days to cover") of 6.4.

Change versus previous month

Short interest in Tractor Supply has recently decreased by 0.50%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Tractor Supply pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tractor Supply has been increasing its dividend for 15 years.

Dividend Coverage

The dividend payout ratio of Tractor Supply is 42.80%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Tractor Supply will have a dividend payout ratio of 40.00% next year. This indicates that Tractor Supply will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -1.65

Percentage of Shares Shorted

5.60% of the float of Tractor Supply has been sold short.

Short Interest Ratio / Days to Cover

Tractor Supply has a short interest ratio ("days to cover") of 6.4.

Change versus previous month

Short interest in Tractor Supply has recently decreased by 0.50%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.17

News Sentiment

Tractor Supply has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 25 news articles for Tractor Supply this week, compared to 14 articles on an average week.

Search Interest

Only 9 people have searched for TSCO on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Tractor Supply to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Tractor Supply insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,957,000.00 in company stock.

Percentage Held by Insiders

Only 0.24% of the stock of Tractor Supply is held by insiders.

Percentage Held by Institutions

98.72% of the stock of Tractor Supply is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TSCO Stock Analysis - Frequently Asked Questions

How have TSCO shares performed this year?

Tractor Supply's stock was trading at $215.03 at the start of the year. Since then, TSCO stock has increased by 31.1% and is now trading at $281.96.
View the best growth stocks for 2024 here.

How were Tractor Supply's earnings last quarter?

Tractor Supply (NASDAQ:TSCO) announced its quarterly earnings data on Thursday, July, 25th. The specialty retailer reported $3.93 EPS for the quarter, hitting the consensus estimate of $3.93. The firm's revenue was up 1.6% on a year-over-year basis.
Read the conference call transcript.

Does Tractor Supply have any subsidiaries?

The following companies are subsidiaries of Tractor Supply: Orscheln Farm and Home, Petsense LLC, Del's Feed & Farm Supply, Quality Stores, Dels Farm Supply LLC, Tractor Supply Company of Utah LLC, Tractor Supply Co. of Michigan LLC, and others.

Who are Tractor Supply's major shareholders?

Tractor Supply's top institutional investors include Wellington Management Group LLP (4.44%), State Street Corp (4.23%), Geode Capital Management LLC (2.70%) and Stifel Financial Corp (1.55%). Insiders that own company stock include Harry A Lawton III, Cynthia T Jamison, Robert D Mills, Jonathan S Estep, Kurt D Barton, Colin Yankee, Mark J Weikel, Melissa Kersey, Matthew L Rubin and Edna Morris.
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.

What other stocks do shareholders of Tractor Supply own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tractor Supply investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), NVIDIA (NVDA), Meta Platforms (META), Salesforce (CRM), Advanced Micro Devices (AMD) and Tesla (TSLA).

Company Calendar

• Last Earnings: 7/25/2024
• Ex-Dividend for 9/10 Dividend: 8/26/2024
• Dividend Payable: 9/10/2024
• Ex-Dividend for 12/10 Dividend: 11/25/2024
• Today: 11/28/2024
• Dividend Payable: 12/10/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Building materials, hardware, garden supply & mobile home dealers
• Sub-Industry: Specialty Stores
• Current Symbol: NASDAQ:TSCO
• CUSIP: 89235610
• CIK: 916365
• Web: www.tractorsupply.com
• Phone: (615) 440-4000
• Fax: N/A
• Employees: 50,000
• Year Founded: 1938

Price Target and Rating

• Average Stock Price Target: $282.59
• High Stock Price Target: $335.00
• Low Stock Price Target: $171.00
• Potential Upside/Downside: +0.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.52
• Research Coverage: 23 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.28
• Trailing P/E Ratio: 27.43
• Forward P/E Ratio: 27.54
• P/E Growth: 3.59
• Net Income: $1.11 billion
• Net Margins: 7.53%
• Pretax Margin: 9.71%
• Return on Equity: 50.19%
• Return on Assets: 11.62%

Debt

• Debt-to-Equity Ratio: 0.81
• Current Ratio: 1.48
• Quick Ratio: 0.17

Sales & Book Value

• Annual Sales: $14.56 billion
• Price / Sales: 2.07
• Cash Flow: $13.71 per share
• Price / Cash Flow: 20.57
• Book Value: $21.42 per share
• Price / Book: 13.16

Miscellaneous

• Outstanding Shares: 106,840,000
• Free Float: 106,219,000
• Market Cap: $30.12 billion
• Optionable: Optionable
• Beta: 0.82