Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Tractor Supply Co (NASDAQ: TSCO) closed the day trading at $52.38 down -1.28% from the previous closing price of $53.06. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 4.8 million shares were traded. TSCO stock price reached its highest trading level at $53.64 during the session, while it also had its lowest trading level at $51.97.
Ratios:
For a better understanding of TSCO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 151.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.85. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 2.33 whereas as Long-Term Debt/Eq ratio is at 2.16.
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 October 17, 2024, Reiterated its Outperform rating but revised its target price to $335 from $300 previously.
On October 03, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform but kept the price unchanged to $300.
Telsey Advisory Group reiterated its Outperform rating for the stock on July 26, 2024, while the target price for the stock was revised from $305 to $300.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 01 ’24 when Barton Kurt D sold 23,532 shares for $295.64 per share. The transaction valued at 6,956,923 led to the insider holds 9,683 shares of the business.
Barton Kurt D bought 23,532 shares of TSCO for $6,956,918 on Oct 01 ’24. On Aug 28 ’24, another insider, Barton Kurt D, who serves as the EVP Chief Financial Officer of the company, sold 10,995 shares for $275.00 each. As a result, the insider received 3,023,625 and left with 9,683 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 27981135872 and an Enterprise Value of 10743614464. As of this moment, Tractor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.49, and their Forward P/E ratio for the next fiscal year is 23.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 12.23. Its current Enterprise Value per Revenue stands at 0.727 whereas that against EBITDA is 5.614.
Stock Price History:
Over the past 52 weeks, TSCO has reached a high of $61.53, while it has fallen to a 52-week low of $42.35. The 50-Day Moving Average of the stock is -5.55%, while the 200-Day Moving Average is calculated to be -3.99%.
Shares Statistics:
Over the past 3-months, TSCO traded about 5.14M shares per day on average, while over the past 10 days, TSCO traded about 5283380 shares per day. A total of 539.34M shares are outstanding, with a floating share count of 537.75M. Insiders hold about 0.30% of the company’s shares, while institutions hold 96.20% stake in the company. Shares short for TSCO as of 1734048000 were 31892310 with a Short Ratio of 6.20, compared to 1731628800 on 29846855. Therefore, it implies a Short% of Shares Outstanding of 31892310 and a Short% of Float of 6.800000000000001.
Dividends & Splits
TSCO’s forward annual dividend rate is 4.40, up from 4.33 a year ago. Against a Trailing Annual Dividend Yield of 0.081605725The stock’s 5-year Average Dividend Yield is 1.4.
