Tractor Supply Stock Analysis
TSCO Stock | USD 260.32 0.12 0.05% |
Tractor Supply is fairly valued with Real Value of 264.07 and Target Price of 233.17. The main objective of Tractor Supply stock analysis is to determine its intrinsic value, which is an estimate of what Tractor Supply is worth, separate from its market price. There are two main types of Tractor Supply's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Tractor Supply's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Tractor Supply's stock to identify patterns and trends that may indicate its future price movements.
The Tractor Supply stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Tractor Supply is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Tractor Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Tractor Supply's ongoing operational relationships across important fundamental and technical indicators.
Tractor |
Tractor Stock Analysis Notes
About 99.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.73. Tractor Supply recorded earning per share (EPS) of 10.1. The entity last dividend was issued on the 23rd of February 2024. The firm had 2:1 split on the 27th of September 2013. Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company was founded in 1938 and is based in Brentwood, Tennessee. Tractor Supply operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 50000 people. To find out more about Tractor Supply contact Benny Higgins at 615 440 4000 or learn more at https://www.tractorsupply.com.Tractor Supply Quarterly Total Revenue |
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Tractor Supply Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Tractor Supply's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Tractor Supply or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 99.0% of the company shares are owned by institutional investors | |
On 12th of March 2024 Tractor Supply paid $ 1.1 per share dividend to its current shareholders | |
Latest headline from investing.com: Tractor Supply Raises Over 1 Million for FFA in Ninth Annual Grants for Growing Fundraiser |
Tractor Supply Upcoming and Recent Events
Earnings reports are used by Tractor Supply to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tractor Supply previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024 Upcoming Quarterly Report | View | |
25th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
1st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Tractor Largest EPS Surprises
Earnings surprises can significantly impact Tractor Supply's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2010-04-21 | 2010-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2005-10-19 | 2005-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2004-04-12 | 2004-03-31 | 0.01 | 0.02 | 0.01 | 100 |
Tractor Supply Thematic Classifications
In addition to having Tractor Supply stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
SRI Sustainable GrowthLarge and mid-sized companies that operate under the guidelines of socially responsible investing - SRI |
Tractor Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tractor Supply is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tractor Supply backward and forwards among themselves. Tractor Supply's institutional investor refers to the entity that pools money to purchase Tractor Supply's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Select Equity Group Lp | 2023-12-31 | 1.8 M | Stifel Financial Corp | 2023-12-31 | 1.6 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.5 M | Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | Wells Fargo & Co | 2023-12-31 | 1.2 M | Norges Bank | 2023-12-31 | 1.2 M | Amundi | 2023-12-31 | 1.2 M | Northern Trust Corp | 2023-12-31 | 1.1 M | Legal & General Group Plc | 2023-12-31 | 1.1 M | Vanguard Group Inc | 2023-12-31 | 12.8 M | Blackrock Inc | 2023-12-31 | 9.6 M |
Tractor Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 28.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tractor Supply's market, we take the total number of its shares issued and multiply it by Tractor Supply's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Tractor Profitablity
Tractor Supply's profitability indicators refer to fundamental financial ratios that showcase Tractor Supply's ability to generate income relative to its revenue or operating costs. If, let's say, Tractor Supply is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Tractor Supply's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Tractor Supply's profitability requires more research than a typical breakdown of Tractor Supply's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.09. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.21 | 0.20 | |
Return On Assets | 0.12 | 0.09 | |
Return On Equity | 0.48 | 0.50 |
Management Efficiency
Tractor Supply has return on total asset (ROA) of 0.1046 % which means that it generated a profit of $0.1046 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.5282 %, meaning that it created $0.5282 on every $100 dollars invested by stockholders. Tractor Supply's management efficiency ratios could be used to measure how well Tractor Supply manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Equity is likely to grow to 0.50, while Return On Capital Employed is likely to drop 0.20. At this time, Tractor Supply's Total Assets are very stable compared to the past year. As of the 28th of March 2024, Non Current Assets Total is likely to grow to about 6.2 B, while Non Currrent Assets Other are likely to drop about 12.3 M.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 11.04 | 11.59 | |
Enterprise Value Multiple | 14.74 | 8.56 | |
Price Fair Value | 11.04 | 11.59 |
The analysis of Tractor Supply's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Tractor Supply's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Tractor Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0169 | Forward Dividend Yield 0.0169 | Forward Dividend Rate 4.4 | Beta 0.842 |
Technical Drivers
As of the 28th of March, Tractor Supply has the Coefficient Of Variation of 383.81, risk adjusted performance of 0.1503, and Semi Deviation of 0.6795. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tractor Supply, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Tractor Supply, which can be compared to its competition. Please validate Tractor Supply variance, as well as the relationship between the value at risk and skewness to decide if Tractor Supply is priced more or less accurately, providing market reflects its prevalent price of 260.32 per share. Given that Tractor Supply has jensen alpha of 0.1856, we advise you to double-check Tractor Supply's current market performance to make sure the company can sustain itself at a future point.Tractor Supply Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Tractor Supply middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Tractor Supply. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Tractor Supply Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tractor Supply insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tractor Supply's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tractor Supply insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Colin Yankee over three weeks ago Exercise or conversion by Colin Yankee of 2324 shares of Tractor Supply subject to Rule 16b-3 | ||
Jonathan Estep over a month ago Disposition of 16819 shares by Jonathan Estep of Tractor Supply at 67.28 subject to Rule 16b-3 | ||
Colin Yankee over a month ago Payment of tradable shares by Colin Yankee of Tractor Supply subject to Rule 16b-3 | ||
Colin Yankee over three months ago Exercise or conversion by Colin Yankee of 7835 shares of Tractor Supply subject to Rule 16b-3 | ||
Colin Yankee over six months ago Sale by Colin Yankee of 1335 shares of Tractor Supply | ||
Colin Yankee over six months ago Acquisition by Colin Yankee of 3283 shares of Tractor Supply subject to Rule 16b-3 | ||
Colin Yankee over a year ago Tractor Supply exotic insider transaction detected |
Tractor Supply Outstanding Bonds
Tractor Supply issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tractor Supply uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tractor bonds can be classified according to their maturity, which is the date when Tractor Supply has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Tractor Supply Predictive Daily Indicators
Tractor Supply intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tractor Supply stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 260.32 | |||
Day Typical Price | 260.32 | |||
Price Action Indicator | (0.06) | |||
Period Momentum Indicator | (0.12) | |||
Relative Strength Index | 95.57 |
Tractor Supply Corporate Filings
26th of March 2024 Other Reports | ViewVerify | |
F4 | 19th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 1st of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 27th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 23rd of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 20th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 15th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Tractor Supply Forecast Models
Tractor Supply's time-series forecasting models are one of many Tractor Supply's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tractor Supply's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Tractor Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Tractor Supply prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tractor shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Tractor Supply. By using and applying Tractor Stock analysis, traders can create a robust methodology for identifying Tractor entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.09 | 0.06 | |
Operating Profit Margin | 0.09 | 0.06 | |
Net Profit Margin | 0.07 | 0.04 | |
Gross Profit Margin | 0.32 | 0.25 |
Current Tractor Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Tractor analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Tractor analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
233.17 | Buy | 33 | Odds |
Most Tractor analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tractor stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tractor Supply, talking to its executives and customers, or listening to Tractor conference calls.
Tractor Stock Analysis Indicators
Tractor Supply stock analysis indicators help investors evaluate how Tractor Supply stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Tractor Supply shares will generate the highest return on investment. By understating and applying Tractor Supply stock analysis, traders can identify Tractor Supply position entry and exit signals to maximize returns.
Begin Period Cash Flow | 202.5 M | |
Long Term Debt | 1.7 B | |
Common Stock Shares Outstanding | 109.7 M | |
Total Stockholder Equity | 2.1 B | |
Tax Provision | 328.9 M | |
Quarterly Earnings Growth Y O Y | -0.066 | |
Property Plant And Equipment Net | 5.6 B | |
Cash And Short Term Investments | 397.1 M | |
Cash | 397.1 M | |
Accounts Payable | 1.2 B | |
Net Debt | 4.6 B | |
50 Day M A | 242.369 | |
Total Current Liabilities | 2.2 B | |
Other Operating Expenses | 13.1 B | |
Non Current Assets Total | 5.9 B | |
Forward Price Earnings | 25.3165 | |
Non Currrent Assets Other | 22.2 M | |
Stock Based Compensation | 57 M |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tractor Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.Note that the Tractor Supply information on this page should be used as a complementary analysis to other Tractor Supply's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Tractor Stock analysis
When running Tractor Supply's price analysis, check to measure Tractor Supply's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tractor Supply is operating at the current time. Most of Tractor Supply's value examination focuses on studying past and present price action to predict the probability of Tractor Supply's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tractor Supply's price. Additionally, you may evaluate how the addition of Tractor Supply to your portfolios can decrease your overall portfolio volatility.
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Is Tractor Supply's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tractor Supply. If investors know Tractor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tractor Supply listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 4.12 | Earnings Share 10.1 | Revenue Per Share 133.421 | Quarterly Revenue Growth (0.09) |
The market value of Tractor Supply is measured differently than its book value, which is the value of Tractor that is recorded on the company's balance sheet. Investors also form their own opinion of Tractor Supply's value that differs from its market value or its book value, called intrinsic value, which is Tractor Supply's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tractor Supply's market value can be influenced by many factors that don't directly affect Tractor Supply's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tractor Supply's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.