Tractor Supply Co (NASDAQ:TSCO) shares, rose in value, with the stock price down by -0.94% to the previous day’s close as strong demand from buyers drove the stock to $48.51.
Actively observing the price movement in the recent trading, the stock is buoying the session at $48.97. The PE ratio was 24.12 over 12-month period. Referring to stock’s 52-week performance, its high was $61.53, and the low was $46.85. On the whole, TSCO has fluctuated by -4.17% over the past month.
With the market capitalization of Tractor Supply Co currently standing at about $25.72 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.90, with its dividend yield at 1.86%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.59B, with a low estimate of 4.37B and a high estimate of 4.45B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.4B.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.99, with the price of TSCO currently trading nearly -4.81% and -5.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.70, while the 7-day volatility ratio is showing 1.68% which for the 30-day chart, stands at 1.52%. Furthermore, Tractor Supply Co (TSCO)’s beta value is 0.74, and its average true range (ATR) is 1.34.
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 -0.94% in today’s session so far, and over the past year, it shrunk by -13.95%%.
Data on historical trading for Tractor Supply Co (NASDAQ:TSCO) indicates that the trading volumes over the past 3 months, they’ve averaged 5.53 million. According to company’s latest data on outstanding shares, there are 531.24 million shares outstanding.
Nearly 0.33% of Tractor Supply Co’s shares belong to company insiders and institutional investors own 99.28% of the company’s shares. The stock has fallen by -8.58% 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.
