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HomeMarketResultsTractor Supply (NASDAQ:TSCO) Given New $230.00 Price Target at UBS Group

Tractor Supply (NASDAQ:TSCO) Given New $230.00 Price Target at UBS Group


Tractor Provide (NASDAQ:TSCOGet Rating) had its value goal elevated by analysis analysts at UBS Group from $215.00 to $230.00 in a observe issued to traders on Friday, Benzinga studies. The agency at present has a “impartial” score on the specialty retailer’s inventory. UBS Group’s value goal signifies a possible upside of 4.72% from the inventory’s present value.

Plenty of different analysis companies have additionally weighed in on TSCO. Wells Fargo & Firm elevated their value goal on Tractor Provide from $250.00 to $255.00 and gave the corporate an “chubby” score in a analysis report on Monday, December fifth. Raymond James decreased their value goal on Tractor Provide from $245.00 to $235.00 and set a “strong-buy” score for the corporate in a analysis report on Friday, October twenty first. Piper Sandler decreased their value goal on Tractor Provide from $253.00 to $238.00 and set an “chubby” score for the corporate in a analysis report on Friday, October twenty first. Truist Monetary decreased their value goal on Tractor Provide from $252.00 to $237.00 and set a “purchase” score for the corporate in a analysis report on Friday, October twenty first. Lastly, DA Davidson decreased their value goal on Tractor Provide from $232.00 to $215.00 and set a “impartial” score for the corporate in a analysis report on Friday, October twenty first. Six equities analysis analysts have rated the inventory with a maintain score, twelve have assigned a purchase score and one has given a powerful purchase score to the corporate. In accordance with MarketBeat, the corporate presently has a consensus score of “Average Purchase” and a median value goal of $237.06.

Tractor Provide Buying and selling Down 0.8 %

Shares of TSCO stock opened at $219.63 on Friday. The corporate has a fast ratio of 0.21, a present ratio of 1.48 and a debt-to-equity ratio of 0.57. Tractor Provide has a fifty-two week low of $166.49 and a fifty-two week excessive of $241.54. The inventory has a market capitalization of $24.26 billion, a P/E ratio of 23.85, a P/E/G ratio of two.07 and a beta of 0.87. The inventory has a 50-day easy transferring common of $217.60 and a 200 day easy transferring common of $203.60.

Tractor Provide (NASDAQ:TSCOGet Rating) final launched its quarterly earnings outcomes on Thursday, October twentieth. The specialty retailer reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.01. Tractor Provide had a return on fairness of 54.35% and a web margin of seven.69%. The enterprise had income of $3.27 billion throughout the quarter, in comparison with analyst estimates of $3.28 billion. Throughout the identical quarter final yr, the corporate posted $1.95 EPS. Tractor Provide’s income for the quarter was up 8.4% on a year-over-year foundation. On common, sell-side analysts count on that Tractor Provide will publish 9.62 earnings per share for the present fiscal yr.

Insider Exercise at Tractor Provide

In associated information, Director Mark J. Weikel offered 6,000 shares of the agency’s inventory in a transaction that occurred on Monday, October twenty fourth. The inventory was offered at a median value of $207.06, for a complete worth of $1,242,360.00. Following the transaction, the director now straight owns 8,181 shares of the corporate’s inventory, valued at roughly $1,693,957.86. The sale was disclosed in a doc filed with the Securities & Trade Fee, which might be accessed via this hyperlink. In different Tractor Provide information, EVP Robert D. Mills offered 10,512 shares of Tractor Provide inventory in a transaction that occurred on Wednesday, October twenty sixth. The inventory was offered at a median value of $220.00, for a complete worth of $2,312,640.00. Following the transaction, the chief vp now straight owns 16,137 shares of the corporate’s inventory, valued at roughly $3,550,140. The sale was disclosed in a doc filed with the SEC, which is accessible via this link. Additionally, Director Mark J. Weikel offered 6,000 shares of Tractor Provide inventory in a transaction that occurred on Monday, October twenty fourth. The inventory was offered at a median value of $207.06, for a complete worth of $1,242,360.00. Following the completion of the transaction, the director now straight owns 8,181 shares within the firm, valued at $1,693,957.86. The disclosure for this sale might be discovered here. Within the final ninety days, insiders have offered 24,999 shares of firm inventory valued at $5,418,261. Company insiders personal 0.70% of the corporate’s inventory.

Institutional Inflows and Outflows

A number of institutional traders have lately added to or decreased their stakes within the enterprise. Ontario Academics Pension Plan Board grew its holdings in shares of Tractor Provide by 1,426.2% throughout the third quarter. Ontario Academics Pension Plan Board now owns 1,706,997 shares of the specialty retailer’s inventory price $317,297,000 after buying a further 1,595,151 shares within the final quarter. Alliancebernstein L.P. grew its holdings in shares of Tractor Provide by 722.2% throughout the third quarter. Alliancebernstein L.P. now owns 1,173,209 shares of the specialty retailer’s inventory price $218,076,000 after buying a further 1,030,524 shares within the final quarter. Nordea Funding Administration AB grew its holdings in shares of Tractor Provide by 136.5% throughout the third quarter. Nordea Funding Administration AB now owns 1,510,112 shares of the specialty retailer’s inventory price $282,316,000 after buying a further 871,572 shares within the final quarter. TD Asset Administration Inc. grew its holdings in shares of Tractor Provide by 1,488.5% throughout the 2nd quarter. TD Asset Administration Inc. now owns 598,043 shares of the specialty retailer’s inventory price $115,930,000 after buying a further 560,394 shares within the final quarter. Lastly, Invesco Ltd. grew its holdings in shares of Tractor Provide by 18.5% throughout the 1st quarter. Invesco Ltd. now owns 2,069,196 shares of the specialty retailer’s inventory price $482,889,000 after buying a further 322,567 shares within the final quarter. 84.13% of the inventory is owned by institutional traders.

About Tractor Provide

(Get Rating)

Tractor Provide Firm operates as a rural life-style retailer in the US. The corporate presents a number of merchandise, together with equine, livestock, pet, and small animal merchandise mandatory for his or her well being, care, development, and containment; {hardware}, truck, towing, and gear merchandise; seasonal merchandise, akin to heating merchandise, garden and backyard gadgets, energy tools, items, and toys; work/leisure clothes and footwear; and upkeep merchandise for agricultural and rural use.

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Analyst Recommendations for Tractor Supply (NASDAQ:TSCO)

This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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