NASDAQ:TSCOTractor Supply Stock Price, Forecast & News

$122.02

+3.04 (+2.56 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$118.33

Now: $122.02▼

$122.52

50-Day Range

$86.49

MA: $101.68▼

$119.76

52-Week Range

$63.89

Now: $122.02▼

$122.52

Volume2.48 million shs

Average Volume1.80 million shs

Market Capitalization$14.11 billion

P/E Ratio25.74

Dividend Yield1.18%

Beta0.95

Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. As of December 29, 2018, it operated 1,940 retail stores in 49 states. The company operates its retail stores under the Tractor Supply Company, Del's Feed & Farm Supply, and Petsense names. It also operates Websites under the TractorSupply.com and Petsense.com names. The company sells its products to recreational farmers, ranchers, and others, as well as tradesmen and small businesses. Tractor Supply Company was founded in 1938 and is headquartered in Brentwood, Tennessee.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Tractor Supply has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 12 buy ratings, 12 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $117.79, Tractor Supply has a potential downside of 3.5% from its current price of $122.02.
Amount of Analyst Coverage
Tractor Supply has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Tractor Supply has received 901 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tractor Supply has received 673 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tractor Supply has received 57.24% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tractor Supply and other stocks. Vote “Outperform” if you believe TSCO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TSCO will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Tractor Supply is a leading dividend payer. It pays a dividend yield of 1.18%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tractor Supply has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Tractor Supply is 29.91 %. 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 25.74 % next year. This indicates that Tractor Supply will be able to sustain or increase its dividend.

1.0 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 $27,936,293.00 in company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Tractor Supply is held by insiders.
Percentage Held by Institutions
84.61% of the stock of Tractor Supply is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Tractor Supply are expected to grow by 15.01% in the coming year, from $4.73 to $5.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tractor Supply is 25.74, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tractor Supply is 25.74, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 40.52.
Price to Earnings Growth Ratio
Tractor Supply has a PEG Ratio of 2.20. 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 10.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.32 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Building materials, hardware, garden supply & mobile home dealers

Sub-IndustrySpecialty Stores

SectorRetail/Wholesale

Current SymbolNASDAQ:TSCO

Previous Symbol

CUSIP89235610

CIK916365

Webwww.tractorsupply.com

Phone615-440-4000

Debt

Debt-to-Equity Ratio2.27

Current Ratio1.66

Quick Ratio0.38

Price-To-Earnings

Trailing P/E Ratio25.74

Forward P/E Ratio25.80

P/E Growth2.2

Sales & Book Value

Annual Sales$8.35 billion

Price / Sales1.69

Cash Flow$6.61 per share

Price / Cash Flow18.47

Book Value$11.71 per share

Price / Book10.42

Profitability

EPS (Most Recent Fiscal Year)$4.68

Net Income$562.35 million

Net Margins6.71%

Return on Equity38.38%

Return on Assets10.38%

Miscellaneous

Employees32,000

Outstanding Shares115,630,000

Market Cap$14.11 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Tractor Supply (NASDAQ:TSCO) Frequently Asked Questions

How has Tractor Supply's stock been impacted by COVID-19 (Coronavirus)?

Tractor Supply's stock was trading at $83.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TSCO stock has increased by 46.5% and is now trading at $122.02. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tractor Supply?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tractor Supply in the last year. There are currently 12 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tractor Supply.

When is Tractor Supply's next earnings date?

Tractor Supply is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Tractor Supply.

How were Tractor Supply's earnings last quarter?

Tractor Supply (NASDAQ:TSCO) released its quarterly earnings data on Thursday, April, 23rd. The specialty retailer reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.01. The specialty retailer earned $1.96 billion during the quarter, compared to analysts' expectations of $1.96 billion. Tractor Supply had a return on equity of 38.38% and a net margin of 6.71%. The company's quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.63 EPS. View Tractor Supply's earnings history.

How often does Tractor Supply pay dividends? What is the dividend yield for Tractor Supply?

Tractor Supply declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Tuesday, May 26th will be given a dividend of $0.35 per share on Tuesday, June 9th. This represents a $1.40 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Friday, May 22nd. View Tractor Supply's dividend history.

What guidance has Tractor Supply issued on next quarter's earnings?

Tractor Supply updated its second quarter earnings guidance on Tuesday, May, 26th. The company provided EPS guidance of 2.45-2.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.78. The company issued revenue guidance of 2.92-3.04 billion, compared to the consensus revenue estimate of $2.53 billion.

What price target have analysts set for TSCO?

25 Wall Street analysts have issued 12 month target prices for Tractor Supply's stock. Their forecasts range from $81.00 to $140.00. On average, they expect Tractor Supply's share price to reach $117.79 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View analysts' price targets for Tractor Supply.

What are Wall Street analysts saying about Tractor Supply stock?

Here are some recent quotes from research analysts about Tractor Supply stock:

1. According to Zacks Investment Research, "Shares of Tractor Supply have outpaced the industry year to date on robust first-quarter 2020 performance, followed by a recent strong view for the second quarter. The company is witnessing increased sales across product categories, channels as well as geographic regions. Moreover, its online business is seeing improvement since the beginning of second-quarter 2020 driven by higher demand owing to the newly launched contactless curbside delivery and “buy online pickup at store” options. Consequently, the company provided a strong view for the second quarter. In the first quarter, results benefited from stores remaining open to provide everyday essentials amid the coronavirus outbreak. However, the company now expects the additional operating costs related to the pandemic to come in at the higher end of its earlier view of $30-$50 million." (5/29/2020)
2. Wells Fargo & Co analysts commented, "We are raising our Q3/Q4 comp estimates slightly (to +3.6%/+3.3%), and see upside opportunities across our model from: 1) loyalty, branded credit card, and early stage consumer insights; 2) inflation and effective price mgmt. initiatives (a comp/margin benefit); and 3) SG&A tailwinds, as 2H laps higher freight, incentive comp and DC headwinds, while beginning to realize profit improvement plan initiatives. While shares are trading 2% below a 52-week high and valuation has expanded (22x NTM P/E), we see more room for upward EPS revisions from a 2H margin inflection, and we continue to favor TSCO’s defensive, staples-like characteristics, longer-term growth levers, and attractive sales/profit algorithm. Reiterate Outperform." (7/25/2019)

Has Tractor Supply been receiving favorable news coverage?

News stories about TSCO stock have been trending positive on Friday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tractor Supply earned a coverage optimism score of 2.8 on InfoTrie's scale. They also gave media coverage about the specialty retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutTractor Supply.

Are investors shorting Tractor Supply?

Tractor Supply saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,030,000 shares, an increase of 6.3% from the April 30th total of 3,790,000 shares. Based on an average trading volume of 1,770,000 shares, the short-interest ratio is presently 2.3 days. Approximately 3.5% of the company's stock are short sold. View Tractor Supply's Current Options Chain.

Who are some of Tractor Supply's key competitors?

Some companies that are related to Tractor Supply include Tiffany & Co. (TIF), Ulta Beauty (ULTA), Five Below (FIVE), Dicks Sporting Goods (DKS), Sally Beauty (SBH), Office Depot (ODP), Signet Jewelers (SIG), Winmark (WINA), Barnes & Noble (BKS), MarineMax (HZO), Hibbett Sports (HIBB), GNC (GNC) and Big 5 Sporting Goods (BGFV). View all competitors.

What other stocks do shareholders of Tractor Supply own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tractor Supply investors own include NVIDIA (NVDA), Walt Disney (DIS), Starbucks (SBUX), Johnson & Johnson (JNJ), Netflix (NFLX), Gilead Sciences (GILD), Paypal (PYPL), AT&T (T), Visa (V) and salesforce.com (CRM).

Who are Tractor Supply's key executives?

Tractor Supply's management team includes the following people:

Mr. Gregory A. Sandfort, CEO & Director (Age 64)
Mr. Steve K. Barbarick, Pres & COO (Age 51)
Mr. Kurt D. Barton, Exec. VP, CFO & Treasurer (Age 47)
Mr. Robert D. Mills, Exec. VP and Chief Technology, Digital Commerce & Strategy Officer (Age 46)
Mr. Benjamin F. Parrish Jr., Exec. VP, Gen. Counsel & Corp. Sec. (Age 62)

What is Tractor Supply's stock symbol?

Tractor Supply trades on the NASDAQ under the ticker symbol "TSCO."

Who are Tractor Supply's major shareholders?

Tractor Supply's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.40%), State Street Corp (4.68%), Waddell & Reed Financial Inc. (3.02%), Caisse DE Depot ET Placement DU Quebec (3.01%), Massachusetts Financial Services Co. MA (2.52%) and Champlain Investment Partners LLC (1.82%). Company insiders that own Tractor Supply stock include Benjamin F Parrish Jr, Chad Michael Frazell, Christi C Korzekwa, Colin Yankee, Denise L Jackson, Edna Morris, Gregory A Sandfort, Harry A Lawton III, John P Ordus, Jonathan S Estep, Kurt D Barton, Robert D Mills and Steve K Barbarick. View institutional ownership trends for Tractor Supply.

Which major investors are selling Tractor Supply stock?

TSCO stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, APG Asset Management N.V., AQR Capital Management LLC, Janus Henderson Group PLC, Victory Capital Management Inc., Victory Capital Management Inc., Morgan Stanley, and Two Sigma Advisers LP. Company insiders that have sold Tractor Supply company stock in the last year include Benjamin F Parrish Jr, Chad Michael Frazell, Christi C Korzekwa, Colin Yankee, Gregory A Sandfort, John P Ordus, Jonathan S Estep, Kurt D Barton, and Steve K Barbarick. View insider buying and selling activity for Tractor Supply.

Which major investors are buying Tractor Supply stock?

TSCO stock was purchased by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Waddell & Reed Financial Inc., Veritas Investment Management LLP, Pendal Group Ltd, SPF Beheer BV, Mondrian Investment Partners LTD, Maj Invest Holding A S, and Champlain Investment Partners LLC. Company insiders that have bought Tractor Supply stock in the last two years include Denise L Jackson, and Harry A Lawton III. View insider buying and selling activity for Tractor Supply.

How do I buy shares of Tractor Supply?

Shares of TSCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Tractor Supply's stock price today?

One share of TSCO stock can currently be purchased for approximately $122.02.

How big of a company is Tractor Supply?

Tractor Supply has a market capitalization of $14.11 billion and generates $8.35 billion in revenue each year. The specialty retailer earns $562.35 million in net income (profit) each year or $4.68 on an earnings per share basis. Tractor Supply employs 32,000 workers across the globe.

What is Tractor Supply's official website?

The official website for Tractor Supply is www.tractorsupply.com.

How can I contact Tractor Supply?

Tractor Supply's mailing address is 5401 VIRGINIA WAY, BRENTWOOD TN, 37027. The specialty retailer can be reached via phone at 615-440-4000 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff