News headlines about Tractor Supply (NASDAQ:TSCO) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tractor Supply earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the specialty retailer an impact score of 44.7351676927807 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s analysis:
A number of research firms recently issued reports on TSCO. Stephens set a $79.00 target price on Tractor Supply and gave the stock a “hold” rating in a report on Wednesday, January 17th. Royal Bank of Canada increased their price target on Tractor Supply to $74.00 and gave the company a “sector perform” rating in a research report on Monday, January 29th. Oppenheimer reiterated a “hold” rating on shares of Tractor Supply in a research report on Thursday, February 1st. Telsey Advisory Group reiterated a “market perform” rating and issued a $76.00 price target (down previously from $83.00) on shares of Tractor Supply in a research report on Thursday, February 1st. Finally, Robert W. Baird reiterated a “buy” rating and issued a $66.00 price target on shares of Tractor Supply in a research report on Friday, November 10th. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $72.85.
Shares of Tractor Supply (NASDAQ TSCO) traded up $1.73 during midday trading on Wednesday, reaching $67.89. The company’s stock had a trading volume of 1,078,747 shares, compared to its average volume of 2,176,915. Tractor Supply has a 12-month low of $49.87 and a 12-month high of $82.68. The firm has a market cap of $8,371.38, a price-to-earnings ratio of 20.57, a PEG ratio of 1.23 and a beta of 1.17. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.95 and a quick ratio of 0.24.
Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Wednesday, January 31st. The specialty retailer reported $0.91 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.04. Tractor Supply had a return on equity of 30.81% and a net margin of 5.82%. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same period last year, the company posted $0.94 EPS. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. equities research analysts forecast that Tractor Supply will post 4.1 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Monday, February 26th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, February 23rd. This represents a $1.08 annualized dividend and a dividend yield of 1.59%. Tractor Supply’s dividend payout ratio is 32.73%.
In other news, CMO Steve K. Barbarick sold 43,076 shares of Tractor Supply 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 Securities & Exchange Commission, which is available through this link. Also, Director Edna Morris sold 1,054 shares of Tractor Supply stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $67.07, for a total value of $70,691.78. Following the sale, the director now owns 10,949 shares of the company’s stock, valued at $734,349.43. The disclosure for this sale can be found here. 1.20% of the stock is owned by 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.
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