Tractor Supply Stock Buy Hold or Sell Recommendation
| TSCO Stock | USD 267.84 3.33 1.23% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Tractor Supply is 'Strong Buy'. Macroaxis provides Tractor Supply buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TSCO positions. The advice algorithm takes into account all of Tractor Supply's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Tractor Supply's buy or sell advice are summarized below:
Real Value 271.51 | Target Price 233.17 | Hype Value 271.42 | Market Value 267.84 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Tractor Supply given historical horizon and risk tolerance towards Tractor Supply. When Macroaxis issues a 'buy' or 'sell' recommendation for Tractor Supply, the advice is generated through an automated system that utilizes algorithms and statistical models.
Tractor |
Execute Tractor Supply Buy or Sell Advice
The Tractor recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tractor Supply. Macroaxis does not own or have any residual interests in Tractor Supply or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tractor Supply's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Tractor Supply Trading Alerts and Improvement Suggestions
| Over 100.0% of the company shares are owned by institutional investors | |
| On 12th of March 2024 Tractor Supply paid $ 1.1 per share dividend to its current shareholders | |
| Latest headline from insidermonkey.com: Tractor Supply Company Q1 2024 Earnings Call Transcript |
Tractor Supply Returns Distribution Density
The distribution of Tractor Supply's historical returns is an attempt to chart the uncertainty of Tractor Supply's future price movements. The chart of the probability distribution of Tractor Supply daily returns describes the distribution of returns around its average expected value. We use Tractor Supply price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tractor Supply returns is essential to provide solid investment advice for Tractor Supply.
| Mean Return | 0.29 | Value At Risk | -1.73 | Potential Upside | 3.26 | Standard Deviation | 1.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tractor Supply historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tractor Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tractor Supply is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tractor Supply backward and forwards among themselves. Tractor Supply's institutional investor refers to the entity that pools money to purchase Tractor Supply's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Select Equity Group Lp | 2023-12-31 | 1.8 M | Stifel Financial Corp | 2023-12-31 | 1.6 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.5 M | Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | Wells Fargo & Co | 2023-12-31 | 1.2 M | Norges Bank | 2023-12-31 | 1.2 M | Amundi | 2023-12-31 | 1.2 M | Northern Trust Corp | 2023-12-31 | 1.1 M | Legal & General Group Plc | 2023-12-31 | 1.1 M | Vanguard Group Inc | 2023-12-31 | 12.8 M | Blackrock Inc | 2023-12-31 | 9.6 M |
Tractor Supply Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (13.2M) | (180.5M) | (407.9M) | (349.7M) | 40.9M | 42.9M | |
| Change In Cash | (2.1M) | 1.3B | (463.7M) | (675.5M) | 194.6M | 204.3M | |
| Free Cash Flow | 594.3M | 1.1B | 510.3M | 583.6M | 580.2M | 609.2M | |
| Depreciation | 196.0M | 217.1M | 270.2M | 343.1M | 393.0M | 412.7M | |
| Other Non Cash Items | (297K) | 72.9M | 4.0M | 2.2M | (48.0M) | (45.6M) | |
| Dividends Paid | 162.7M | 174.7M | 239.0M | 409.6M | (449.6M) | (427.1M) | |
| Capital Expenditures | 217.5M | 294.0M | 628.4M | 773.4M | 753.9M | 791.6M | |
| Net Income | 562.4M | 749.0M | 997.1M | 1.1B | 1.1B | 1.2B | |
| End Period Cash Flow | 84.2M | 1.3B | 878.0M | 202.5M | 397.1M | 416.9M | |
| Change To Netincome | 37.6M | 4.4M | 80.8M | 107.7M | 123.8M | 130.0M | |
| Investments | (215.0M) | (292.2M) | (627.3M) | (1.1B) | (1.1B) | (1.0B) | |
| Net Borrowings | (15.0M) | 598.3M | (4.6M) | 178M | 204.7M | 214.9M |
Tractor Supply Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tractor Supply or Specialty Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tractor Supply's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tractor stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.23 | |
β | Beta against NYSE Composite | 1.07 | |
σ | Overall volatility | 1.30 | |
Ir | Information ratio | 0.17 |
Tractor Supply Volatility Alert
Tractor Supply has relatively low volatility with skewness of 0.73 and kurtosis of 0.78. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tractor Supply's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tractor Supply's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tractor Supply Implied Volatility
Tractor Supply's implied volatility exposes the market's sentiment of Tractor Supply stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Tractor Supply's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Tractor Supply stock will not fluctuate a lot when Tractor Supply's options are near their expiration.
Tractor Supply Fundamentals Vs Peers
Comparing Tractor Supply's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tractor Supply's direct or indirect competition across all of the common fundamentals between Tractor Supply and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tractor Supply or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tractor Supply's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tractor Supply by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tractor Supply to competition |
| Fundamentals | Tractor Supply | Peer Average |
| Return On Equity | 0.56 | -0.31 |
| Return On Asset | 0.1 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 34.3 B | 16.62 B |
| Shares Outstanding | 107.93 M | 571.82 M |
| Shares Owned By Insiders | 0.27 % | 10.09 % |
| Shares Owned By Institutions | 99.73 % | 39.21 % |
| Number Of Shares Shorted | 8.66 M | 4.71 M |
| Price To Earning | 24.49 X | 28.72 X |
| Price To Book | 12.30 X | 9.51 X |
| Price To Sales | 1.82 X | 11.42 X |
| Revenue | 14.56 B | 9.43 B |
| Gross Profit | 4.97 B | 27.38 B |
| EBITDA | 1.87 B | 3.9 B |
| Net Income | 1.11 B | 570.98 M |
| Cash And Equivalents | 211.24 M | 2.7 B |
| Cash Per Share | 1.91 X | 5.01 X |
| Total Debt | 5.04 B | 5.32 B |
| Debt To Equity | 2.09 % | 48.70 % |
| Current Ratio | 1.48 X | 2.16 X |
| Book Value Per Share | 19.68 X | 1.93 K |
| Cash Flow From Operations | 1.33 B | 971.22 M |
| Short Ratio | 9.23 X | 4.00 X |
| Earnings Per Share | 10.28 X | 3.12 X |
| Price To Earnings To Growth | 2.57 X | 4.89 X |
| Target Price | 265.56 | |
| Number Of Employees | 50 K | 18.84 K |
| Beta | 0.84 | -0.15 |
| Market Capitalization | 29.47 B | 19.03 B |
| Total Asset | 9.19 B | 29.47 B |
| Retained Earnings | 6.28 B | 9.33 B |
| Working Capital | 1.09 B | 1.48 B |
Note: Exercise or conversion by Colin Yankee of 2324 shares of Tractor Supply subject to Rule 16b-3 [view details]
Tractor Supply Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tractor . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 267.84 | |||
| Day Typical Price | 267.84 | |||
| Price Action Indicator | (1.67) | |||
| Period Momentum Indicator | (3.33) |
About Tractor Supply Buy or Sell Advice
When is the right time to buy or sell Tractor Supply? Buying financial instruments such as Tractor Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 3.9B | 4.3B | 5.0B | 5.3B | Total Assets | 7.8B | 8.5B | 9.2B | 9.6B |
Use Investing Ideas to Build Portfolios
In addition to having Tractor Supply in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Tractor Supply Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.Note that the Tractor Supply information on this page should be used as a complementary analysis to other Tractor Supply's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Tractor Stock analysis
When running Tractor Supply's price analysis, check to measure Tractor Supply's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tractor Supply is operating at the current time. Most of Tractor Supply's value examination focuses on studying past and present price action to predict the probability of Tractor Supply's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tractor Supply's price. Additionally, you may evaluate how the addition of Tractor Supply to your portfolios can decrease your overall portfolio volatility.
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Is Tractor Supply's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tractor Supply. If investors know Tractor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tractor Supply listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.109 | Dividend Share 4.19 | Earnings Share 10.28 | Revenue Per Share 134.947 | Quarterly Revenue Growth 0.029 |
The market value of Tractor Supply is measured differently than its book value, which is the value of Tractor that is recorded on the company's balance sheet. Investors also form their own opinion of Tractor Supply's value that differs from its market value or its book value, called intrinsic value, which is Tractor Supply's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tractor Supply's market value can be influenced by many factors that don't directly affect Tractor Supply's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tractor Supply's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.