Tractor Supply Company (NASDAQ:TSCO) soared 0.72% during previous trade, a total of 1.50M shares exchanged hands compared with its average trading volume of 2.20M shares whereas its relative volume is 0.91. The stock has a market capitalization of $9.45B along with 130.73M outstanding shares. Stock’s intraday price range hit the peak level of $72.53 and touched the lowest level of $71.42.
Most recently Tractor Supply Company (NASDAQ:TSCO)’s price target was revised on 02/27/17 and according to 23 analysts stock’s price will reach at $83.83 during 52 weeks with standard deviation of 12.47. Stock’s minimum price target estimates has been figured out at $71 while the maximum price target forecast is established at $105, if we look at the price target with an optimistic approach it has upside potential of 45% from its latest closing price of $72.26.
Historically, if we look at price target revisions, two weeks ago Tractor Supply Company (NASDAQ:TSCO)’s price target was revised on 2/27/17 by the analysts, however the bullish price estimates of the stock set at $105 while the bearish estimates kept at $50 over the next one year. Stock’s 52-week target was retained at $83.12, the estimates indicates a standard deviation of 12.18.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.00. ABR value is precisely based on brokerage recommendations, where out of 22 brokerage recommendations 12 rate Tractor Supply Company (NASDAQ:TSCO) stock a Strong Buy, 0 rate the stocks of the company a Buy, 9 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 2/3/17 the stock of Tractor Supply Company (NASDAQ:TSCO) downgraded by SunTrust from Buy to Hold. However previously on 1/13/17 it was upgraded by Wedbush from Neutral to Outperform. A research note issued on 11/30/16 the stock was upgraded by Northcoast from Neutral to Buy.
Tractor Supply Company (NASDAQ:TSCO) performance over the past one year plunged -18.79% whereas its year to date (YTD) performance indicated a bearish trend of -4.37%. During the last six months the stock climbed 5.02%. Quarterly performance of the company shows declining momentum of -5.25% while its last one month trend is negative with -0.90%. Stock’s weekly performance expressed down trend of -0.61%.
The company’s price sits -1.72% below from its 50-day moving average of $72.77 and -7.11% below from the stock’s 200-day moving average which is $72.33. Tractor Supply Company (NASDAQ:TSCO)’s shares are currently trading -24.77% away from the 52-week high price of $96.05 and +18.32% far from the 52-week low price of $61.07.
According to consensus agreement of 24 analysts Tractor Supply Company (NASDAQ:TSCO) will report earnings per share of $0.53 in their quarterly report and it is expected to announce the company’s results on 4/26/17 After Market Close. For the current quarter the company has high EPS estimates of $0.55 in contradiction of low EPS estimates of $0.49. However a year ago for the same quarter the company has reported $0.5 EPS. Current year EPS projections for Tractor Supply Company (NASDAQ:TSCO) set at $3.5 according to the sentiments of 29 analysts, while its lowest earnings estimates are $3.44 and highest earnings estimates are $3.58.
According to 20 analysts, Tractor Supply Company (NASDAQ:TSCO)’s revenue estimates for the current quarter are $1.57B meanwhile the company has high revenue estimates of $1.61B in contradiction of low revenue estimates of $1.53B. For the current year the company’s revenue estimates are $7.27B compared to low analyst estimates of $7.19B and high estimates of $7.37B according to the projection of 26 analysts.