Tractor Supply Company (NASDAQ:TSCO) Scheduled to Post Earnings on Wednesday
Tractor Supply Company (NASDAQ:TSCO) will announce its earnings results after the market closes on Wednesday, July 26th. Analysts expect the company to announce earnings of $1.27 per share for the quarter.
Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Wednesday, April 26th. The specialty retailer reported $0.46 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.46. The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.57 billion. Tractor Supply had a net margin of 6.25% and a return on equity of 29.64%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 earnings per share. On average, analysts expect Tractor Supply to post $3.41 EPS for the current fiscal year and $3.80 EPS for the next fiscal year.
Tractor Supply Company (TSCO) opened at 51.81 on Wednesday. Tractor Supply Company has a 52-week low of $49.87 and a 52-week high of $93.47. The firm has a 50-day moving average of $53.78 and a 200-day moving average of $64.93. The firm has a market capitalization of $6.66 billion, a price-to-earnings ratio of 16.00 and a beta of 1.32. Tractor Supply also was the recipient of some unusual options trading activity on Tuesday. Stock traders bought 1,064 put options on the stock. This is an increase of 787% compared to the typical daily volume of 120 put options.
TSCO has been the topic of several recent analyst reports. UBS Group AG reissued a “buy” rating and issued a $75.00 target price (down from $86.00) on shares of Tractor Supply in a report on Friday, April 28th. Oppenheimer Holdings, Inc. set a $88.00 target price on shares of Tractor Supply and gave the company a “buy” rating in a report on Thursday, April 27th. Robert W. Baird set a $80.00 target price on shares of Tractor Supply and gave the company a “buy” rating in a report on Wednesday, April 12th. Barclays PLC set a $90.00 target price on shares of Tractor Supply and gave the company a “buy” rating in a report on Wednesday, April 12th. Finally, Guggenheim reissued a “buy” rating and issued a $85.00 target price on shares of Tractor Supply in a report on Friday, April 14th. Twenty research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $78.55.
Tractor Supply Company Profile
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.
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