Press coverage about Tractor Supply (NASDAQ:TSCO) has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public 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 headlines about the specialty retailer an impact score of 45.3550351716662 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 stories that may have impacted Accern Sentiment’s rankings:
- Tractor Supply Company (TSCO) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Tractor Supply Co. Introduces Exclusive Super-Premium Pet Food Line (petproductnews.com)
- Talladega Tractor Supply hosting Pet Appreciation Week on Sept. 13-17 (annistonstar.com)
- Tractor Supply Company Announces Grand Opening Date In Newtown (patch.com)
- Tractor Supply Invites ‘Pets of All Kinds’ to Pet Appreciation Week (finance.yahoo.com)
Tractor Supply (TSCO) opened at 61.70 on Wednesday. The company’s 50 day moving average is $56.57 and its 200-day moving average is $60.09. Tractor Supply has a 52-week low of $49.87 and a 52-week high of $78.25. The company has a market capitalization of $7.82 billion, a price-to-earnings ratio of 18.65 and a beta of 1.30. Tractor Supply also was the target of some unusual options trading activity on Tuesday. Traders purchased 1,064 put options on the stock. This represents an increase of approximately 787% compared to the average volume of 120 put options.
Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Wednesday, July 26th. The specialty retailer reported $1.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.27 by ($0.02). The company had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.02 billion. Tractor Supply had a net margin of 6.16% and a return on equity of 30.56%. Tractor Supply’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.16 EPS. Equities analysts anticipate that Tractor Supply will post $3.25 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 6th. Shareholders of record on Monday, August 21st were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.75%. The ex-dividend date was Thursday, August 17th. Tractor Supply’s dividend payout ratio is currently 32.53%.
TSCO has been the subject of several recent research reports. Barclays PLC restated an “overweight” rating and issued a $70.00 price target (down from $90.00) on shares of Tractor Supply in a research report on Saturday, July 22nd. Guggenheim restated a “buy” rating and issued a $70.00 price target (down from $80.00) on shares of Tractor Supply in a research report on Thursday, July 27th. Piper Jaffray Companies set a $55.00 price target on shares of Tractor Supply and gave the company a “hold” rating in a research report on Tuesday, July 25th. BidaskClub upgraded shares of Tractor Supply from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, BMO Capital Markets set a $57.00 price target on shares of Tractor Supply and gave the company a “hold” rating in a research report on Tuesday, July 11th. Sixteen investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $71.38.
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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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