Tractor Supply Stock Symbol Performance and Long-Term Targets

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A Toy Tractor Near the Coins
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Tractor Supply stock has been a solid performer in the market, with its stock symbol TSCO consistently showing growth over the years.

The company's strong financials have driven its stock price up, with revenue increasing from $6.8 billion in 2016 to $13.4 billion in 2020.

TSCO stock has also been a favorite among investors, with a market capitalization of over $20 billion.

Its stock price has been steadily increasing, with a 5-year average annual growth rate of 12.5%.

Q2 2021 Earnings Call Transcript

Tractor Supply Company's Q2 2021 earnings call was held for the period ending June 26, 2021. This event is a significant milestone for investors and analysts who track the company's financial performance.

The earnings call transcript is a valuable resource for understanding TSCO's financial results and management's outlook. It provides a detailed account of the company's Q2 2021 performance.

TSCO's earnings call for the period ending June 26, 2021, offers insights into the company's financial health and future prospects.

Financial Performance

Credit: youtube.com, Tractor Supply Stock: Is $TSCO a Buy Right Now?

Tractor Supply Company's revenue in 2024 was $14.88 billion, a 2.25% increase from the previous year.

The company's earnings were $1.10 billion, but unfortunately, this was a decrease of 0.54% compared to the previous year.

Financial Performance

Tractor Supply Company's revenue reached $14.88 billion in 2024, a 2.25% increase from the previous year's $14.56 billion.

Their earnings were $1.10 billion, but unfortunately, that's a decrease of -0.54% compared to the year before.

The company's revenue growth is a notable achievement, especially considering the slight dip in earnings.

Tractor Supply Company's financial performance is a mixed bag, with revenue up but earnings missing analyst expectations.

Their revenue growth is modest, but it's still a significant increase from the previous year.

S&P

The S&P, a benchmark of the broader market, has shown steady growth over the past decade.

The S&P has gained +18.21% in the past year, a respectable figure that reflects the market's overall performance.

Over the past five years, the S&P has increased by +80.16%, a significant growth that outpaces the average annual return.

Breaking down the S&P's performance over the past decade, we see that it has gained +1,179% since its IPO, a notable achievement.

Here's a comparison of the S&P's growth with that of Tractor Supply Co. (TSCO) over the same period:

Stock Movement

Credit: youtube.com, STEADY PERFORMER : TSCO STOCK ANALYSIS | TRACTOR SUPPLY STOCK

TSCO stock movement can be a wild ride. TSCO earnings call for the period ending September 25, 2021, showed a significant increase in stock price.

The stock price of TSCO surged after the Q3 2021 earnings call. This is likely due to the company's strong financial performance during that period.

TSCO's stock price rose by a substantial amount, according to the earnings call. This suggests that investors were pleased with the company's results.

The exact amount of the stock price increase is not specified in the earnings call transcript. However, it is clear that the company's financial performance was a major factor in the stock's movement.

Investors should keep an eye on TSCO's future earnings calls for similar stock price increases.

Long-Term Targets

Tractor Supply is aiming to increase net sales by between 6% and 8%. This growth will help the company expand its rural-lifestyle offerings to a wider customer base.

The company is also targeting a 3% to 5% increase in same-store sales. This means that sales from existing stores will see a boost, indicating a strong customer loyalty and retention strategy.

Per-share earnings are expected to rise by between 8% and 11%. This increase in earnings will be a result of the company's efforts to optimize operations and improve profitability.

Frequently Asked Questions

How often does Tractor Supply pay dividends?

Tractor Supply Company pays dividends on a quarterly basis. This means you can expect to receive a dividend payment from TSCO four times a year.

What is the TSCO stock price forecast for 12 months?

TSCO stock is forecasted to reach $57.65 in 12 months, with a potential 5.66% increase from its current price of $54.56

Can you buy stock in Tractor Supply?

To buy stock in Tractor Supply, you'll need to contact a licensed stockbroker. They can guide you through the process of purchasing shares in the company.

When did TSC go public?

TSC went public on January 14, 1959, listing on the over-the-counter market. This marked a significant milestone in the company's history, paving the way for future growth and expansion.

Is TSCO stock a buy?

According to 15 Wall Street analysts, TSCO stock is a strong buy recommendation. Their consensus suggests a positive outlook for the stock.

Abraham Lebsack

Lead Writer

Abraham Lebsack is a seasoned writer with a keen interest in finance and insurance. With a focus on educating readers, he has crafted informative articles on critical illness insurance, providing valuable insights and guidance for those navigating complex financial decisions. Abraham's expertise in the field of critical illness insurance has allowed him to develop comprehensive guides, breaking down intricate topics into accessible and actionable advice.

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