Wall Street analysts expect Tractor Supply (NASDAQ:TSCO) to post earnings per share (EPS) of $0.87 for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for Tractor Supply’s earnings. The lowest EPS estimate is $0.84 and the highest is $0.91. Tractor Supply reported earnings of $0.94 per share in the same quarter last year, which would indicate a negative year over year growth rate of 7.4%. The business is scheduled to announce its next quarterly earnings report after the market closes on Wednesday, January 31st.
On average, analysts expect that Tractor Supply will report full year earnings of $3.29 per share for the current fiscal year, with EPS estimates ranging from $3.25 to $3.35. For the next financial year, analysts forecast that the business will post earnings of $3.78 per share, with EPS estimates ranging from $3.33 to $4.30. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Tractor Supply.
Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data 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. Tractor Supply had a return on equity of 31.25% and a net margin of 6.04%. The company had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same period in the prior year, the company posted $0.67 EPS. The company’s revenue was up 11.6% compared to the same quarter last year.
In related news, CMO Steve K. Barbarick sold 43,076 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $69.03, for a total transaction of $2,973,536.28. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.
A number of large investors have recently bought and sold shares of the business. Bank of Montreal Can lifted its holdings in Tractor Supply by 7.4% during the 4th quarter. Bank of Montreal Can now owns 305,634 shares of the specialty retailer’s stock worth $22,846,000 after buying an additional 21,104 shares in the last quarter. CWM LLC lifted its holdings in Tractor Supply by 106,641.1% during the 4th quarter. CWM LLC now owns 480,335 shares of the specialty retailer’s stock worth $35,905,000 after buying an additional 479,885 shares in the last quarter. Clean Yield Group lifted its holdings in Tractor Supply by 3.1% during the 4th quarter. Clean Yield Group now owns 41,577 shares of the specialty retailer’s stock worth $3,108,000 after buying an additional 1,245 shares in the last quarter. Donald L. Hagan LLC acquired a new position in Tractor Supply during the 4th quarter worth $1,759,000. Finally, Sheets Smith Wealth Management lifted its holdings in Tractor Supply by 5.4% during the 4th quarter. Sheets Smith Wealth Management now owns 68,247 shares of the specialty retailer’s stock worth $5,101,000 after buying an additional 3,500 shares in the last quarter. 92.21% of the stock is currently owned by hedge funds and other institutional investors.
Tractor Supply (NASDAQ TSCO) traded up $1.77 during mid-day trading on Wednesday, hitting $80.95. The stock had a trading volume of 642,617 shares, compared to its average volume of 1,930,000. Tractor Supply has a 52 week low of $49.87 and a 52 week high of $81.11. The company has a market cap of $10,160.00, a price-to-earnings ratio of 24.02, a P/E/G ratio of 1.53 and a beta of 1.31. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.17 and a current ratio of 2.00.
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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.
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