Investor’s Delight: Tractor Supply Co. (TSCO) Closes Strong at 271.08, Up 0.98

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The closing price of Tractor Supply Co. (NASDAQ: TSCO) was $271.08 for the day, up 0.98% from the previous closing price of $268.45. In other words, the price has increased by $0.98 from its previous closing price. On the day, 1.08 million shares were traded. TSCO stock price reached its highest trading level at $271.545 during the session, while it also had its lowest trading level at $263.1.

Ratios:

Our analysis of TSCO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 110.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 2.39 whereas as Long-Term Debt/Eq ratio is at 2.21.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on May 01, 2024, Reiterated its Outperform rating but revised its target price to $305 from $280 previously.

On April 26, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $275 to $280.

Telsey Advisory Group reiterated its Outperform rating for the stock on April 19, 2024, while the target price for the stock was revised from $250 to $275.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 15 ’24 when Barton Kurt D sold 4,335 shares for $257.00 per share. The transaction valued at 1,114,095 led to the insider holds 20,678 shares of the business.

Yankee Colin sold 8,675 shares of TSCO for $2,168,750 on Feb 28 ’24. The EVP Chief Supply Chain Officer now owns 9,673 shares after completing the transaction at $250.00 per share. On Feb 23 ’24, another insider, Ellison Noni L, who serves as the SVP General Counsel of the company, sold 6,199 shares for $241.79 each. As a result, the insider received 1,498,856 and left with 6,032 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TSCO now has a Market Capitalization of 29225134080 and an Enterprise Value of 34045579264. As of this moment, Tractor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.41, and their Forward P/E ratio for the next fiscal year is 23.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 13.77. Its current Enterprise Value per Revenue stands at 2.324 whereas that against EBITDA is 17.94.

Stock Price History:

Over the past 52 weeks, TSCO has reached a high of $290.38, while it has fallen to a 52-week low of $185.00. The 50-Day Moving Average of the stock is -1.13%, while the 200-Day Moving Average is calculated to be 13.16%.

Shares Statistics:

TSCO traded an average of 1.14M shares per day over the past three months and 1050610 shares per day over the past ten days. A total of 107.98M shares are outstanding, with a floating share count of 107.48M. Insiders hold about 0.30% of the company’s shares, while institutions hold 97.72% stake in the company. Shares short for TSCO as of 1719532800 were 7075247 with a Short Ratio of 6.18, compared to 1717113600 on 7442281. Therefore, it implies a Short% of Shares Outstanding of 7075247 and a Short% of Float of 7.470000000000001.

Dividends & Splits

With its trailing 12-month dividend rate of 4.19, TSCO has a forward annual dividend rate of 4.26. Against a Trailing Annual Dividend Yield of 0.01560812The stock’s 5-year Average Dividend Yield is 1.38.

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