TSCO stock icon

Tractor Supply
TSCO

$270.36
0.27%

Market Cap: 29.1B

 

About: Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,233 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (rebranded as Tractor Supply), along with 202 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2023, revenue consisted primarily of livestock, equine & agriculture (27%), companion animal (25%), and seasonal & recreation (22%).

Employees: 50,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 39 analysts
0
News positive %
of 23 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

71% more funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 12 (+5) [Q1 2024]

29% more first-time investments, than exits

New positions opened: 144 | Existing positions closed: 112

18% more capital invested

Capital invested by funds: $22.9B [Q4 2023] → $27B (+$4.06B) [Q1 2024]

3% more funds holding

Funds holding: 1,070 [Q4 2023] → 1,102 (+32) [Q1 2024]

2.95% less ownership

Funds ownership: 98.47% [Q4 2023] → 95.52% (-2.95%) [Q1 2024]

12% less repeat investments, than reductions

Existing positions increased: 366 | Existing positions reduced: 418

43% less call options, than puts

Call options by funds: $220M | Put options by funds: $384M

Research analyst outlook

39 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$234
13%
downside
Avg. target
$268
1%
downside
High target
$305
13%
upside

39 analyst ratings

29 positive
74%
neutral
23%
negative
3%
Wells Fargo
Zachary Fadem
9%upside
$295
Overweight
Maintained
22 Jul 2024
Telsey Advisory Group
Joseph Feldman
13%upside
$305
Outperform
Maintained
19 Jul 2024
Evercore ISI Group
Oliver Wintermantel
7%upside
$290
Outperform
Maintained
2 Jul 2024
Evercore ISI Group
Oliver Wintermantel
9%upside
$295
Outperform
Maintained
20 Jun 2024
Evercore ISI Group
Oliver Wintermantel
7%upside
$290
Outperform
Maintained
14 May 2024

Financial journalist opinion

Based on 23 articles about TSCO published over the past 30 days