Tractor Supply Co. (NASDAQ: TSCO) is 40.82% higher on its value in year-to-date trading and has touched a low of $185.00 and a high of $307.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TSCO stock was last observed hovering at around $300.82 in the last trading session, with the day’s gains setting it 1.98%.
Currently trading at $302.80, the stock is 3.82% and 8.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing 0.66% at the moment leaves the stock 15.80% off its SMA200. TSCO registered 47.23% gain for a year compared to 6-month gain of 22.40%. The firm has a 50-day simple moving average (SMA 50) of $277.3014 and a 200-day simple moving average (SMA200) of $261.04126.
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The stock witnessed a 9.41% loss in the last 1 month and extending the period to 3 months gives it a 12.18%, and is 0.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.92% over the week and 1.99% over the month.
Tractor Supply Co. (TSCO) has around 50000 employees, a market worth around $32.66B and $14.71B in sales. Current P/E ratio is 29.21 and Fwd P/E is 27.03. Profit margin for the company is 7.65%. Distance from 52-week low is 63.68% and -1.57% from its 52-week high. The company has generated returns on investments over the last 12 months (15.98%).
The EPS is expected to grow by 1.95% this year
1548.0 institutions hold shares in Tractor Supply Co. (TSCO), with institutional investors hold 95.93% of the company’s shares. The shares outstanding are 107.98M, and float is at 107.55M with Short Float at 6.51%. Institutions hold 95.67% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.91 million shares valued at $3.49 billion. The investor’s holdings represent 11.9596 of the TSCO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.42 million shares valued at $2.54 billion to account for 8.7286 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 4.89 million shares representing 4.5342 and valued at over $1.32 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 4.2423 of the shares totaling 4.58 million with a market value of $1.24 billion.
Tractor Supply Co. (TSCO) Insider Activity
The most recent transaction is an insider sale by Barton Kurt D, the company’s EVP Chief Financial Officer. SEC filings show that Barton Kurt D sold 23,532 shares of the company’s common stock on Oct 01 ’24 at a price of $295.64 per share for a total of $6.96 million. Following the sale, the insider now owns 9683.0 shares.
Still, SEC filings show that on Aug 28 ’24, Barton Kurt D (EVP Chief Financial Officer) disposed off 10,995 shares at an average price of $275.00 for $3.02 million. The insider now directly holds 9,683 shares of Tractor Supply Co. (TSCO).
