Impact of Brokerage Rating on Tractor Supply Company(TSCO)

Many Tractor Supply Company(TSCO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Tractor Supply Company was Downgraded by SunTrust to Hold on Feb 3, 2017. Company shares were Upgraded by Wedbush on Jan 13, 2017 to Outperform, Raises Price Target to $ 85 from a previous price target of $65 .Tractor Supply Company was Initiated by Loop Capital to Hold on Jan 4, 2017. Tractor Supply Company was Upgraded by Northcoast to Buy on Nov 30, 2016.

Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Anthony F Crudele (EVP Chief Financial Officer) sold 30,000 shares at 76.40 per share price.On Nov 3, 2016, Mark J Weikel (director) purchased 1,000 shares at 66.14 per share price.On Jun 1, 2016, Steve K Barbarick (President & CMO) sold 11,250 shares at 96.59 per share price.

Tractor Supply Company Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.94 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.91. The company had revenue of $1916.54 million for the quarter, compared to analysts expectations of $1866.54 million. The companys revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.82 EPS.

Tractor Supply Company (NASDAQ:TSCO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 23 Brokerage Firm. 12 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Tractor Supply Company (NASDAQ:TSCO): 17 Analyst have given the stock of Tractor Supply Company (NASDAQ:TSCO) a near short term price target of $83.29. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $11.98. The higher price target estimate is at $105 while the lower price estimates are fixed at $50.

Tractor Supply Company (NASDAQ:TSCO) rose 0.33% or 0.24 points on Tuesday and made its way into the gainers of the day. After trading began at $73.14 the stock was seen hitting $73.695 as a peak level and $73.11 as the lowest level. The stock ended up at $73.4. The daily volume was measured at 894,984 shares. The 52-week high of the share price is $97.25 and the 52-week low is $61.5. The company has a market cap of $9,634 million.

Tractor Supply Company is a specialty retailer which supplies the daily farming and maintenance needs of its target customers: hobby, part-time and full-time farmers and ranchers, as well as rural customers, contractors and tradesmen.


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