Tractor Supply Company (NASDAQ:TSCO) stock is expected to deviate a maximum of $14.67 from the average target price of $100.36 for the short term period. 16 Street Experts have initiated coverage on the stock with the most promising target being $112 and the most muted being $50.
Tractor Supply Company has lost 2.52% in the last five trading days and dropped 5.58% in the last 4 weeks. Tractor Supply Company has dropped 0.43% during the last 3-month period . Year-to-Date the stock performance stands at 7.17%. Also, Guggenheim Securities initiates coverage on Tractor Supply Company (NASDAQ:TSCO) The shares have been rated Buy. The rating by the firm was issued on June 14, 2016.
Tractor Supply Company (NASDAQ:TSCO) : Zacks Investment Research ranks Tractor Supply Company (NASDAQ:TSCO) as 3, which is a Hold recommendation. 14 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 20 research analysts is 1.6, which indicates as a Buy.
Tractor Supply Company (NASDAQ:TSCO): The stock opened at $91.29 on Thursday but the bulls could not build on the opening and the stock topped out at $93.47 for the day. The stock traded down to $90.57 during the day, due to lack of any buying support eventually closed down at $91.18 with a loss of -4.19% for the day. The stock had closed at $95.17 on the previous day. The total traded volume was 4,069,856 shares.
In an insider trading activity,The officer (EVP Chief Financial Officer) of Tractor Supply Co /De/, Crudele Anthony F sold 18,894 shares at $96.16 on June 1, 2016. The Insider selling transaction had a total value worth of $1,816,847. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. As of December 27, 2014, it operated 1,382 retail stores in 49 states under the names Tractor Supply Company, Dels Feed & Farm Supply and HomeTown Pet. It also operates a Website under the name TractorSupply.com. It offers a portfolio of products, which include equine, livestock, pet and small animal products; hardware, truck, towing and tool products; seasonal products, including lawn and garden items, power equipment, gifts and toys; work/recreational clothing and footwear, and maintenance products for agricultural and rural use. Its products are offered under various brands, which include 4health, Blue Mountain, Countyline, Equistages, Groundwork, Huskee, JobSmart, Dumor, C.E. Schmidt, Paws & Claws, Producers Pride and Redstone, among others.