Tractor Supply Co (NASDAQ:TSCO) shares traded 1.76% up during most recent session to reach at the closing price of $102.95. The stock exchanged hands 1.15 Million shares versus average trading capacity of 1.43 Million shares, yielding a market cap of $12.58 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $100.9 within the next 52-weeks. The mean target projections are based on 21 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Tractor Supply Co (NASDAQ:TSCO) high price target of $114 and with a conservative view have low price target of $84.
Gordon Haskett “Upgrades” Tractor Supply Co (NASDAQ:TSCO) in a research note issued to investors on 3/21/19 to Buy with price target of $0.
Additionally on 3/20/19 Evercore ISI Group “Initiates Coverage On” Tractor Supply Co (NASDAQ:TSCO) to Outperform setting price target at $105 and on 2/14/19 Wells Fargo “Maintained” the stock to Outperform at $108. Furthermore on 12/13/18 Deutsche Bank “Upgrades” the stock to Buy at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 74.04 along with Average True Range (ATR 14) of 1.83, Consequently Tractor Supply Co (NASDAQ:TSCO)’s weekly and monthly volatility is 1.54%, 1.90% respectively. The company’s beta value is at 1.09.
In terms of Buy, Sell or Hold recommendations, Tractor Supply Co (NASDAQ:TSCO) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Tractor Supply Co (NASDAQ:TSCO)’s minimum EPS for the current quarter is at $0.52 and can go high up to $0.57. The consensus mean EPS for the current quarter is at $0.55 derived from a total of 23 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.57 earnings per share for the same quarter during last year.
Previously Tractor Supply Co (NASDAQ:TSCO) reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.02. The company posted an earnings surprise of 1.8%.
Tractor Supply Co (NASDAQ:TSCO)’s revenue estimates for the current quarter are $1.81 Billion according to 19 number of analysts, for the current quarter the company has high revenue estimates of $1.82 Billion in contradiction of low revenue estimates of $1.79 Billion. For the current year the company’s revenue estimates are $8.43 Billion compared to low analyst estimates of $8.37 Billion and high estimates of $8.57 Billion according to 26 number of analysts.
Currently Tractor Supply Co (NASDAQ:TSCO)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 85.5%. However the six-month change in the insider ownership was recorded -50.51%, as well as three-month change in the institutional ownership was recorded 0.21%.
Tractor Supply Co (NASDAQ:TSCO)’s trailing twelve month revenues are $7.91 Billion, whereas its price to sales ratio for the same period is 1.59. Its book value per share for the most recent quarter is $12.79 while its price to book ratio for the same period is 8.05, as for as the company’s cash per share for the most recent quarter is $0.71, however its price to cash per share ratio for the same period is 145.72. The stock has 5 year expected PEG ratio of 2.12 whereas its trailing twelve month P/E ratio is 23.83.