Market Insights: Tractor Supply Co. (TSCO)’s Notable Drop of -0.55, Closing at 273.97

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As of close of business last night, Tractor Supply Co.’s stock clocked out at $273.97, down -0.55% from its previous closing price of $275.49. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 0.78 million shares were traded. TSCO stock price reached its highest trading level at $279.76 during the session, while it also had its lowest trading level at $273.14.

Ratios:

To gain a deeper understanding of TSCO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 74.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.06. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 2.22 whereas as Long-Term Debt/Eq ratio is at 2.06.

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 July 26, 2024, Reiterated its Outperform rating but revised its target price to $300 from $305 previously.

On May 01, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $280 to $305.

Telsey Advisory Group reiterated its Outperform rating for the stock on April 26, 2024, while the target price for the stock was revised from $275 to $280.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 28 ’24 when Barton Kurt D sold 10,995 shares for $275.00 per share. The transaction valued at 3,023,625 led to the insider holds 9,683 shares of the business.

Barton Kurt D bought 10,995 shares of TSCO for $3,023,625 on Aug 28 ’24. On Aug 12 ’24, another insider, Rubin Matthew L., who serves as the SVP Petsense GM of the company, sold 540 shares for $262.35 each. As a result, the insider received 141,669 and left with 5,170 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 29552869376 and an Enterprise Value of 34284607488. As of this moment, Tractor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.43, and their Forward P/E ratio for the next fiscal year is 24.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 12.77. Its current Enterprise Value per Revenue stands at 2.33 whereas that against EBITDA is 17.98.

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 2.39%, while the 200-Day Moving Average is calculated to be 8.00%.

Shares Statistics:

It appears that TSCO traded 970.58K shares on average per day over the past three months and 699210 shares per day over the past ten days. A total of 107.98M shares are outstanding, with a floating share count of 107.55M. Insiders hold about 0.29% of the company’s shares, while institutions hold 95.76% stake in the company. Shares short for TSCO as of 1724976000 were 7207096 with a Short Ratio of 7.43, compared to 1722384000 on 6987404. Therefore, it implies a Short% of Shares Outstanding of 7207096 and a Short% of Float of 7.6.

Dividends & Splits

With its trailing 12-month dividend rate of 4.26, TSCO has a forward annual dividend rate of 4.33. Against a Trailing Annual Dividend Yield of 0.015463358The stock’s 5-year Average Dividend Yield is 1.39.

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