Tractor Supply (NASDAQ:TSCO – Get Rating) Director Cynthia T. Jamison sold 5,200 shares of the company in a trade dated Thursday, May 12. The shares were sold at an average price of $195.10, for a total transaction of $1,014,520.00. Following the transaction, the administrator now holds 24,280 shares in the company, valued at $ 4 737 028. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
The shares of NASDAQ TSCO were exchanged at $ 5.32 at midday Friday, hitting $ 201.85. 757,949 shares of the company were traded, against an average volume of 1068 189. The company has a quick ratio of 0.27, a current ratio of 1.44 and a debt ratio of 0.57. The stock has a market cap of $ 22.58 billion, a price-earnings ratio of 22.54, a P / E / G of 2.14 and a beta of 1.03. Tractor Supply has a minimum of 1 year $ 170.82 and a high of $ 241.54 for 1 year. The company has a moving average of 50 days and $ 221.88 a moving average over 200 days $ 221.63.
Tractor Supply (NASDAQ: TSCO – Get rating) last issued its quarterly earnings results Thursday, April 21. The specialty retailer reported $ 1.65 EPS for the quarter, beating the consensus estimates of $ 1.40 from analysts of $ 0.25. Tractor Supply posted a return on equity of 51.48% and a net margin of 7.74%. The company had sales of $ 3.02 billion in the quarter, compared with analysts’ expectations of $ 2.92 billion. During the same period last year, the company posted $ 1.55 earnings per share. The turnover of the company was up 8.3% compared to the same quarter last year. On average, equity analysts predict that Tractor Supply will display 9.49 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 8. Shareholders of record Wednesday, May 25 will be paid a dividend of $ 0.92. This represents a $ 3.68 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date is Tuesday, May 24. the distribution ratio of electric tractor dividend (DPR) is now 42.20%.
Several equity analysts recently commented on TSCO shares. Gordon Haskett downgraded shares of Tractor Supply a note “buy” rating to an “accumulate” in a research note the Friday, May 6 Raymond James raised its price target on shares of Tractor Supply from $ 245.00 to 255.00 and $ attributed to action note “strong buy” in a research note on Friday 22nd April. Truist financial assumed coverage on shares of Tractor Supply in a research note Thursday, January 13. They issued a “buy” rating and a $ 270.00 price target on the stock. Morgan Stanley cut its price target on shares of Tractor Supply from $ 235.00 to 220.00 $ and set a mark of “equal weight” on the action in a research note Monday 25 April. Finally, Piper Sandler raised its price target on shares of Tractor Supply from $ 258.00 to 261.00 and $ attributed to action a note from “overweight” in a research note on Friday 22nd April. Seven research analysts attributed to action a retention rating, thirteen assigned a rating of purchase and assigned a solid purchase of notes to society. According MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $ 241.05.
A number of institutional investors have recently added or reduced their stakes in TSCO. Whittier Trust Co. of Nevada Inc. has increased its stake in Tractor Supply by 194.4% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 106 shares of the specialty retailer’s shares worth $ 25 000 after the purchase of 70 additional shares in the last quarter. Bell Investment Advisors Inc. has acquired a new equity position Tractor Supply in the third quarter valued at about $ 26,000. Zullo Investment Group Inc. has acquired a new equity position Tractor Supply in the fourth quarter valued at about $ 26,000. BDO Wealth Advisors LLC increased its equity interest Tractor Supply 78.1% in the first quarter. BDO Wealth Advisors LLC now holds 114 shares in the specialty retailer of stock worth $ 27,000 after buying a further 50 shares during the period. Finally, Gradient Investments LLC has acquired a new equity position Tractor Supply in the fourth quarter valued at about $ 28,000. Institutional investors hold 83.17% shares of the company.
Tractor Supply Company Profile (Get an evaluation)
Tractor Supply Company operates as a retailer of rural life in the United States. The company offers a selection of merchandise, including equine, livestock, animals, small animals and products necessary for health, care, growth and containment; hardware, truck, towing products and tools; seasonal products, such as heating products, lawn and garden items, electrical equipment, gifts and toys; work / leisure clothing and footwear; and maintenance products for agricultural and rural use.
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