NASDAQ:TSCO

Tractor Supply - TSCO Stock Forecast, Price & News

$225.67

-1.05 (-0.46%)

(As of 01/27/2023 12:00 AM ET)

Add

Compare

Today's Range: $222.25
▼
$229.44
50-Day Range: $206.86
▼
$226.98
52-Week Range: $166.49
▼
$241.54

Volume: 1.35 million shs
Average Volume: 1.08 million shs
Market Capitalization: $24.93 billion

P/E Ratio: 23.24
Dividend Yield: 1.62%
Price Target: $245.61

Institutional Ownership

Tractor Supply MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.79 Rating Score
Upside/Downside: 8.7% Upside
$245.35 Price Target
Short Interest: Healthy
3.71% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.65
Upright™ Environmental Score
News Sentiment: 0.79
Based on 54 Articles This Week
Insider Trading: Selling Shares
$1.86 M Sold Last Quarter
Proj. Earnings Growth: 9.53%
From $10.49 to $11.49 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Retail/Wholesale Sector

31st out of 215 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

1st out of 5 stocks

2.4

Analyst's Opinion

Consensus Rating
Tractor Supply has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 12 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $245.35, Tractor Supply has a forecasted upside of 8.7% from its current price of $225.67.
Amount of Analyst Coverage
Tractor Supply has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
3.71% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month

4.2

Dividend Strength

Dividend Yield
Tractor Supply pays a meaningful dividend of 1.62%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tractor Supply has been increasing its dividend for 13 years.
Dividend Coverage
The dividend payout ratio of Tractor Supply is 37.90%. 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 32.03% next year. This indicates that Tractor Supply will be able to sustain or increase its dividend.

1.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Tractor Supply has received a -21.84% net impact score from Upright. The largest negative impact of Tractor Supply in category "GHG emissions" seems to be driven mostly by its "Physical retail of agricultural machinery and equipment at a home improvement store", "Physical retail of cleaning supplies at a home improvement store", "Physical retail of construction materials at a home improvement store", and "Physical retail of home electrical appliances at a home improvement store" products. See details.
Environmental Sustainability
The Environmental Impact score for Tractor Supply is -1.65.

3.8

News and Social Media Coverage

News Sentiment
Tractor Supply has a news sentiment score of 0.79. 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 0.53 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 54 news articles for Tractor Supply this week, compared to 8 articles on an average week.
Search Interest
26 people have searched for TSCO on MarketBeat in the last 30 days. This is an increase of 30% compared to the previous 30 days.
MarketBeat Follows
16 people have added Tractor Supply to their MarketBeat watchlist in the last 30 days. This is an increase of 7% compared to the previous 30 days.

2.5

Company Ownership

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 $1,863,261.00 in company stock.
Percentage Held by Insiders
Only 0.70% of the stock of Tractor Supply is held by insiders.
Percentage Held by Institutions
84.13% of the stock of Tractor Supply is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Tractor Supply are expected to grow by 9.53% in the coming year, from $10.49 to $11.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tractor Supply is 23.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tractor Supply is 23.24, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 38.57.
Price to Earnings Growth Ratio
Tractor Supply has a PEG Ratio of 2.11. 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 12.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tractor Supply (NASDAQ:TSCO) Stock

Tractor Supply Co. engages in the retail sale of farm and ranch products. It operates retail farm & ranch stores and focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. The firm operates the retail stores under the names: Tractor Supply Company, Del's Feed & Farm Supply, and Petsense. Its product categories include equine, livestock, pet, and small animal, hardware, truck, towing, and tool, heating, lawn and garden items, power equipment, gifts, and toys, recreational clothing and footwear, and maintenance products for agricultural and rural use. The company was founded by Charles E. Schmidt, Sr. in 1938 and is headquartered in Brentwood, TN.

Receive TSCO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tractor Supply and its competitors with MarketBeat's FREE daily newsletter.

TSCO Stock News Headlines

January 25, 2023 | marketbeat.com

43 Upcoming Dividend Increases for 2023

Find out how to earn passive income by making informed investments.

January 23, 2023 | marketbeat.com

Tractor Supply Company Shares Could be Headed to New Highs

Tractor Supply Company is getting a string of upgrades and price target increases ahead of earnings that could send it up to a new high.

January 28, 2023 | Porter & Company (Ad)

The Next Big Crisis Is Here

You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.

January 20, 2023 | marketbeat.com

Nordstrom Puts Fear Of Markdowns Into Retail Sector (TSCO)

Nordstrom cut its guidance and shares are imploding, it this is a trend in retail the entire complex will move lower and drag on the S&P 500 too.

January 4, 2023 | marketbeat.com

MarketBeat: Week in Review 12/12 - 12/16 (TSCO)

A triple-witching day means it could be a rough end to a trading week. Before you step away for the holidays, here are some of the top articles from this week.

December 29, 2022 | marketbeat.com

2023’s Dividend Doublers? These Stocks Have the Juice