Tractor Supply Co (NASDAQ: TSCO) has reported E.P.S. of $1.84 for its first fiscal quarter (ending March 31) versus $1.66 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $10.32 compared to $9.77 a year ago.
Recent Price Action
On 4/25/24, Tractor Supply Co (NASDAQ: TSCO) stock enjoyed a large increase of 2.8%, closing at $265.26. Moreover, exceptionally high trading volume at 228% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 7.2% during the last week.
Current PriceTarget Research Rating
TSCO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Tractor Supply has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Tractor Supply has a slightly negative Appreciation Score of 31 but a slightly positive Power Rating of 68, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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