Tractor Supply Co. (TSCO) kicked off at the price of $272.94: Venture capitalists have an exciting new opportunity

Tractor Supply Co. (NASDAQ: TSCO) on Tuesday, soared 0.04% from the previous trading day, before settling in for the closing price of $272.82. Within the past 52 weeks, TSCO’s price has moved between $185.00 and $290.38.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 13.33%. The company achieved an average annual earnings per share of 1.97%. With a float of $107.54 million, this company’s outstanding shares have now reached $107.98 million.

Considering the fact that the conglomerate employs 50000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 34.71%, operating margin of 10.19%, and the pretax margin is 9.89%.

Tractor Supply Co. (TSCO) Breakdown of a Key Holders of the stock

Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. The insider ownership of Tractor Supply Co. is 0.30%, while institutional ownership is 95.71%. The most recent insider transaction that took place on Aug 12 ’24, was worth 141,669. In this transaction SVP Petsense GM of this company sold 540 shares at a rate of $262.35, taking the stock ownership to the 5,170 shares. Before that another transaction happened on Aug 12 ’24, when Company’s Officer proposed sale 540 for $262.35, making the entire transaction worth $141,669.

Tractor Supply Co. (TSCO) Recent Fiscal highlights

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 2.33 earnings per share (EPS) for the period topping the consensus outlook (set at 2.29) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.29 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.67% 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

Tractor Supply Co. (TSCO) is currently performing well based on its current performance indicators. A quick ratio of 0.25 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.00. Likewise, its price to free cash flow for the trailing twelve months is 47.88.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.36, a number that is poised to hit 2.24 in the next quarter and is forecasted to reach 11.24 in one year’s time.

Technical Analysis of Tractor Supply Co. (TSCO)

Compared to the last year’s volume of 1.1 million, its volume of 0.59 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 91.74%. Additionally, its Average True Range was 6.16.

During the past 100 days, Tractor Supply Co.’s (TSCO) raw stochastic average was set at 64.31%, which indicates a significant decrease from 92.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.90% in the past 14 days, which was lower than the 26.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $266.55, while its 200-day Moving Average is $248.13. Nevertheless, the first resistance level for the watch stands at $274.34 in the near term. At $275.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $278.05. If the price goes on to break the first support level at $270.62, it is likely to go to the next support level at $268.31. Now, if the price goes above the second support level, the third support stands at $266.91.

Tractor Supply Co. (NASDAQ: TSCO) Key Stats

Market capitalization of the company is 29.44 billion based on 107,810K outstanding shares. Right now, sales total 14,556 M and income totals 1,107 M. The company made 4,247 M in profit during its latest quarter, and 425,200 K in sales during its previous quarter.