A secret that hides Tractor Supply Co’s strength (NASDAQ:TSCO)

Stocks of Tractor Supply Co (NASDAQ:TSCO) traded higher last session on Wall Street, down -0.66% to $54.59.

TSCO stock price is now -0.84% away from the 50-day moving average and -1.13% away from the 200-day moving average. The market capitalization of the company currently stands at $29.02B.

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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, Rubin Matthew L., SVP Petsense GM sold 3,850 shares of the company’s stock on Feb 20 ’25. The stock was sold for $222,091 at an average price of $57.69. Upon completion of the transaction, the SVP Petsense GM now directly owns 31,787 shares in the company, valued at $1.74 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 20 ’25, Officer Rubin Matthew L. bought 3,850 shares of the business’s stock. A total of $222,091 was incurred on buying the stock at an average price of $57.69. 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 $48.30 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.

The net profit margin was 7.40% and return on equity was 49.83% for TSCO. The company reported revenue of $3.77 billion for the quarter, compared to $3.66 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.11 percent.

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