Tractor Supply Co (NASDAQ:TSCO) shares, rose in value on Friday, December 13, with the stock price up by 0.06% to the previous day’s close as strong demand from buyers drove the stock to $285.45.
Actively observing the price movement in the last trading, the stock closed the session at $285.27, falling within a range of $283.7 and $287.21. The value of beta (5-year monthly) was 0.814 whereas the PE ratio was 27.78 over 12-month period. Referring to stock’s 52-week performance, its high was $307.64, and the low was $209.00. On the whole, TSCO has fluctuated by 2.40% over the past month.
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With the market capitalization of Tractor Supply Co currently standing at about $30.50 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 4.40, with its dividend yield at 1.54%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 14.9B, with a low estimate of 3.74B and a high estimate of 3.87B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.79B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TSCO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 4.15, with the price of TSCO currently trading nearly 1.35% and 0.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.19, while the 7-day volatility ratio is showing 1.67% which for the 30-day chart, stands at 2.06%. Furthermore, Tractor Supply Co (TSCO)’s beta value is 0.83, and its average true range (ATR) is 6.08.
A comparison of Tractor Supply Co (TSCO) with its peers suggests the former has fared considerably weaker in the market. TSCO showed an intraday change of 0.06% in last session, and over the past year, it grew by 29.48%%.
Data on historical trading for Tractor Supply Co (NASDAQ:TSCO) indicates that the trading volumes over the past 10 days have averaged 1.02 and over the past 3 months, they’ve averaged 959.40K. According to company’s latest data on outstanding shares, there are 106.92 million shares outstanding.
Nearly 0.30% of Tractor Supply Co’s shares belong to company insiders and institutional investors own 97.08% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.69 million shares as on 2024-11-29, resulting in a short ratio of 5.54. According to the data, the short interest in Tractor Supply Co (TSCO) stood at 607.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 6.0 million. The stock has risen by 32.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TSCO stock heading into the next quarter.
