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Tractor Supply Company (TSCO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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188.57+2.48 (+1.33%)
At close: 04:00PM EDT
188.87 +0.30 (+0.16%)
After hours: 05:59PM EDT

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  • I
    InverseCramer
    Added just under $185
  • M
    McDonald
    MASSIVE order are coming in at the close, huge volume. Large institutions on the move again🤑🚀
  • L
    Lisa
    Tractor supply has nothing to do with Walmart. Two different consumers and tractor supply wins! Get that?
  • c
    cr
    Record profits but yet the stock is down 3%. Amazing
  • J
    Juan
    Last 4 quarters they have beaten the EPS estimate and met or beat the revenue number and the stock went down post earnings only to quickly recover. Past quarter was a challenge for retail in general and the recovery occurred later and only after they pre announced positive numbers. That's just the market now. People sell on news and take a profit on major news days. Discretionary retail is not a popular place to be when a recession is looming. I don't know what else you can ask of this company. They bought back shares again, resumed new store construction pace, and for the most part mitigated just crushing inflationary pressures. They do not have much competition. Amazon is not going to ship people a bale of hay. Smaller rural stores are snuffed out quickly
  • T
    The Party 🎉 Is Finally Over !
    9% Inflation adjusted shows negative growth. Thats why its falling premarket
  • E
    E A
    Morgan Stanley raises the RPM threshold on the Tractor to $225 from $220 and calls for Equal Weight on the accelerator…

    MTNewswires
  • J
    Juan
    Bought a lot of TSCO shares today. A retail company that is insulated from Amazon. Exceptionally well run. Responsive to shareholders. Clean balance sheet. Good dividend. Clean stores...
  • S
    Scott
    TSCO delivers another stellar quarter. I've said it before, but I'll say it again... Tractor Supply is one of the few retailers that still has great prospects for growth and they're doing it while delivering profitability metrics that are industry leading. Balance sheet is rock solid with minimal debt giving TSCO great flexibility to better deal during the next recession (whenever that may be). I own my shares from the low $50's and continue to feel the growth story is in tact. I trimmed about 20%, realizing some profits, but plan to let the rest run, hopefully for many years to come. Good luck TSCO longs!
  • S
    Scott
    I'll repeat what I say just about every 3rd month... 'Another stellar quarter delivered by Tractor Supply... TSCO continues to be a favorite holding of mine and one I hope to hold for the next decade or two.'

    What happened today then? TSCO's valuation is at a level that's right historically. The higher the valuation, the more volatility we're going to see. Does the current growth trajectory warrant the current valuation? I'd suggest yes, but I also know this level of growth can't continue forever. I consider TSCO a near forever hold, so I'll continue focusing on where I expect the share price is headed 5, 10, 20 years from now. Stick with it true TSCO longs!
  • S
    Scott
    I'll repeat what I say just about every 3rd month... 'Another stellar quarter delivered by Tractor Supply... TSCO continues to be a favorite holding of mine and one I hope to hold for the next decade or two. Good luck TSCO longs!'

    BTW... TSCO's valuation is by no means cheap at this point. The higher the valuation, the more volatility we're going to see. I choose to ignore short term noise and focus on where I see the share price 5, 10 even twenty years from now. Assuming Tractor Supply sticks to the game plan they've employed for the past 20+ years, there's still many multi-bagger returns to come in my opinion.
  • S
    Scott
    'Fair Value' is primarily based on objective measures, but is really subjective as a while. I've adjusted mine for TSCO a bit and it now sits right around $90. TSCO should get a huge financial benefit with reduced tax rates beginning this year. I don't expect a lot of revenue growth this year, which is a negative. However, their typical 35% rate will be reduced to the low 20's, which should substantially increase earnings, free cash flow and profitability metrics (ROA, ROE & ROIC) which were already near the best in retail. My average cost is mid-$50's, but no current plans to sell. Assuming market conditions stay the same, I might start trimming just a bit if/when it's up around $100 per share.

    I like the niche TSCO dominates in retail and as I've said before, think there's a real possibility of HD or LOW trying to acquire TSCO at some point. Lots of synergies and would be immediately accretive to earnings for both, while providing a nice growth engine in their mostly saturated U.S. market. Good luck fellow TSCO longs...
  • J
    Juan
    TSCO earnings already showed they can function well in this environment. WMT had no relevance because their issues were food inflation and oversupply. Target not able to sell their big screen tvs does not somehow mean TSCO will not be able to sell lawn mowers. One is more discretionary than the other
  • E
    E A
    Several analysts raised the price target on Tractor Supply Co (NASDAQ:TSCO) following its Q3 results.

    Citi analyst Steven Zaccone raised the price target to $220 from $185 and kept a Neutral rating on the shares.

    Credit Suisse analyst Lavesh Hemnani maintained Tractor Supply with a Neutral and raised the price target from $190 to $215, suggesting a 2% upside.

    Morgan Stanley analyst Simeon Gutman maintained Tractor Supply with an Equal-Weight and increased the price target from $200 to $215.

    Loop Capital analyst Anthony Chukumba lifted the price target on Tractor Supply from $200 to $215.

    DA Davidson analyst Michael Baker raised the price target on Tractor Supply to $216 from $190.

    Baird analyst Peter Benedict hiked the price target to $230 from $210, keeping an Outperform rating on the shares.

    Piper Sandler analyst Peter Keith raised the price target to $250 from $219 and reiterated an Overweight rating on the shares following the "strong" Q3 results.

    Raymond James analyst Bobby Griffin maintained Tractor Supply with a Strong Buy and increased the price target from $215 to $245, implying a 16% upside.

    Telsey Advisory Group analyst Joseph Feldman maintained Tractor Supply with an Outperform rating and increased the price target from $215 to $230, suggesting a 9% upside.

    Benziga
  • S
    Scott
    Very interesting price action following earnings this morning. Earnings either missed slightly or were inline depending on how you look at it, with go-forward guidance being reiterated. That's been good enough for a 6%+ increase to start the trading day. That goes to show expectations were low, which is actually a good thing in this environment. My opinion only...
  • S
    Scott
    New all-time high following TSCO's acquisition of Orscheln Farm & Home and their 165 stores. Brilliant acquisition! The Orscheln stores will benefit from TSCO's efficient distribution network and marketing campaigns. Should add to earnings immediately. Adding over 8% to store base for under $300 Million. I'll say it again, brilliant acquisition!!
  • S
    Scott
    Tough day today, but thank you TSCO for a well done quarter! TSCO is one of only 6 or 7 retailers I see as truly investable for the long term. Look at profitability metrics (ROA, ROE and especially ROIC) and compare to other retailers. TSCO is near best in class. I'm long shares from mid-$50's and have no plans to sell anytime soon. There's still growth in their future and I still believe the potential for TSCO to be acquired at some point as well. Good luck TSCO longs!
  • J
    Juan
    Anyone know what's causing the drop today? EPS target trended higher this week. No downgrades. Not trading with sector. No warnings