Tractor Supply Co. (NASDAQ:TSCO) shares, rose in value on Thursday, April 25, with the stock price up by 0.19% to the previous day’s close as strong demand from buyers drove the stock to $258.61.
Actively observing the price movement in the recent trading, the stock is buoying the session at $258.13. The PE ratio was 25.63 over 12-month period. Referring to stock’s 52-week performance, its high was $268.02, and the low was $185.00. On the whole, TSCO has fluctuated by 0.21% over the past month.
The company’s Forward Dividend Ratio is 4.19, with its dividend yield at 1.62%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 14.98B, with a low estimate of 3.35B and a high estimate of 3.44B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.4B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TSCO’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 4.81, with the price of TSCO currently trading nearly 2.47% and 3.22% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.81, while the 7-day volatility ratio is showing 2.03% which for the 30-day chart, stands at 1.99%. Furthermore, Tractor Supply Co. (TSCO)’s beta value is 0.84, and its average true range (ATR) is 5.57.
A comparison of Tractor Supply Co. (TSCO) with its peers suggests the former has fared considerably weaker in the market. TSCO showed an intraday change of 0.19% in today’s session so far, and over the past year, it grew by 5.83%%.
Data on historical trading for Tractor Supply Co. (NASDAQ:TSCO) indicates that the trading volumes over the past 3 months, they’ve averaged 1.09 million. According to company’s latest data on outstanding shares, there are 107.98 million shares outstanding.
Nearly 0.30% of Tractor Supply Co.’s shares belong to company insiders and institutional investors own 101.19% of the company’s shares. The stock has risen by 20.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TSCO stock heading into the next quarter.
