Tractor Supply (NASDAQ:TSCO) Receiving Somewhat Positive News Coverage, Study Shows

Press coverage about Tractor Supply (NASDAQ:TSCO) has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Tractor Supply earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave media coverage about the specialty retailer an impact score of 45.1721089676465 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

TSCO has been the subject of a number of recent analyst reports. Oppenheimer restated a “hold” rating on shares of Tractor Supply in a research note on Thursday, October 26th. Zacks Investment Research downgraded Tractor Supply from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Credit Suisse Group set a $52.00 price target on Tractor Supply and gave the stock a “hold” rating in a research note on Thursday, October 26th. Wolfe Research upgraded Tractor Supply from a “market perform” rating to an “outperform” rating in a research note on Wednesday, December 20th. Finally, BMO Capital Markets reiterated a “hold” rating and set a $61.00 price target on shares of Tractor Supply in a research note on Thursday, November 2nd. Sixteen analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $69.40.

Tractor Supply (NASDAQ TSCO) traded up $1.49 during trading hours on Friday, hitting $82.39. The company’s stock had a trading volume of 1,109,222 shares, compared to its average volume of 1,670,000. Tractor Supply has a 1 year low of $49.87 and a 1 year high of $82.44. The stock has a market cap of $10,350.00, a PE ratio of 24.45, a P/E/G ratio of 1.56 and a beta of 1.31. The company has a current ratio of 2.00, a quick ratio of 0.17 and a debt-to-equity ratio of 0.38.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.04. The firm had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.68 billion. Tractor Supply had a return on equity of 31.25% and a net margin of 6.04%. The company’s revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 EPS. equities analysts expect that Tractor Supply will post 3.3 earnings per share for the current fiscal year.

In other news, CMO Steve K. Barbarick sold 43,076 shares of the stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $69.03, for a total transaction of $2,973,536.28. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.20% of the stock is currently owned by corporate insiders.

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About Tractor Supply

Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company is focused on supplying the needs of recreational farmers and ranchers and others, as well as tradesmen and small businesses. It is engaged in the retail sale of products that support the rural lifestyle.

Insider Buying and Selling by Quarter for Tractor Supply (NASDAQ:TSCO)

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