In yesterday’s Wall Street session, Tractor Supply Co (NASDAQ:TSCO) shares traded at $53.61, down -0.80% from the previous session.
TSCO stock price is now -3.00% away from the 50-day moving average and -2.56% away from the 200-day moving average. The market capitalization of the company currently stands at $28.64B.
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With the price target enhanced from $54 to $60, Mizuho Upgraded its rating from Neutral to Outperform for Tractor Supply Co (NASDAQ: TSCO). On October 17, 2024, Telsey Advisory Group reiterated its ‘Outperform’ rating on the stock by increasing its target price from $300 to quote $335, while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Lawton III Harry A, President & CEO sold 88,095 shares of the company’s stock on Feb 03 ’25. The stock was sold for $4,809,106 at an average price of $54.59. Upon completion of the transaction, the President & CEO now directly owns 488,852 shares in the company, valued at $26.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 03 ’25, Officer Lawton III Harry A bought 88,095 shares of the business’s stock. A total of $4,808,769 was incurred on buying the stock at an average price of $54.59. A total of 0.30% of the company’s stock is owned by insiders.
During the past 12 months, Tractor Supply Co has had a low of $45.74 and a high of $61.53. As of last week, the company has a debt-to-equity ratio of 2.39, a current ratio of 1.43, and a quick ratio of 0.20. According to the stock market information, the enterprise value for the company is $11254305792, which is based on a 26.29 price-to-earnings ratio, a 2.84 price-to-earnings-growth ratio, and a beta of 0.85. The fifty day moving average price for TSCO is $55.27636 and a two-hundred day moving average price translates $54.99558 for the stock.
The latest earnings results from Tractor Supply Co (NASDAQ: TSCO) was released for 2024-09-28. The net profit margin was 7.40% and return on equity was 49.83% for TSCO. The company reported revenue of $3.47 billion for the quarter, compared to $3.41 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.65 percent.
