Tractor Supply Co. (TSCO) recent activity suggests a positive outlook with the last week’s performance of 4.54%

A new trading day began on Tuesday, with Tractor Supply Co. (NASDAQ: TSCO) stock price up 1.02% from the previous day of trading, before settling in for the closing price of $253.38. TSCO’s price has ranged from $185.00 to $268.02 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 13.33%. Meanwhile, its annual earnings per share averaged 1.49%. With a float of $107.59 million, this company’s outstanding shares have now reached $107.98 million.

The extent of productivity of a business whose workforce counts for 50000 workers is very important to gauge.

Tractor Supply Co. (TSCO) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Retail Industry. The insider ownership of Tractor Supply Co. is 0.30%, while institutional ownership is 101.25%. The most recent insider transaction that took place on Mar 15 ’24, was worth 1,114,095. In this transaction EVP Chief Financial Officer of this company sold 4,335 shares at a rate of $257.00, taking the stock ownership to the 20,678 shares. Before that another transaction happened on Feb 28 ’24, when Company’s EVP Chief Supply Chain Officer sold 8,675 for $250.00, making the entire transaction worth $2,168,750. This insider now owns 9,673 shares in total.

Tractor Supply Co. (TSCO) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 1.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.33% during the next five years compared to 18.53% growth over the previous five years of trading.

Tractor Supply Co. (NASDAQ: TSCO) Trading Performance Indicators

Here are Tractor Supply Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.90. Likewise, its price to free cash flow for the trailing twelve months is 47.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.09, a number that is poised to hit 1.72 in the next quarter and is forecasted to reach 11.28 in one year’s time.

Technical Analysis of Tractor Supply Co. (TSCO)

The latest stats from [Tractor Supply Co., TSCO] show that its last 5-days average volume of 1.08 million was inferior to 1.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 81.97%. Additionally, its Average True Range was 5.22.

During the past 100 days, Tractor Supply Co.’s (TSCO) raw stochastic average was set at 82.80%, which indicates a significant increase from 79.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.54% in the past 14 days, which was lower than the 21.36% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $250.12, while its 200-day Moving Average is $222.41. Now, the first resistance to watch is $258.93. This is followed by the second major resistance level at $261.90. The third major resistance level sits at $264.16. If the price goes on to break the first support level at $253.70, it is likely to go to the next support level at $251.44. The third support level lies at $248.46 if the price breaches the second support level.

Tractor Supply Co. (NASDAQ: TSCO) Key Stats

With a market capitalization of 27.62 billion, the company has a total of 107,932K Shares Outstanding. Currently, annual sales are 14,556 M while annual income is 1,107 M. The company’s previous quarter sales were 3,660 M while its latest quarter income was 247,900 K.