Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at or call 800-767-3771 ext.  9339.

The shares of Tractor Supply Company (TSCO - Analyst Report) reached a new 52-week high of $124.45 on Monday, Jul 15. This farm and ranch store chain retailer eventually closed at $122.57 and generated a year-to-date return of nearly 34.0%. The company currently trades at a forward P/E of 27.6x, a 36.6% premium to the peer group average of 20.21x.

A track record of posting robust quarterly earnings, solid financial position, consistent focus on maximizing productivity and initiatives to expand its brand portfolio were the major factors that led to the strong price appreciation of Tractor Supply’s shares.  The average volume of shares traded over the last 3 months is approximately 527K.

Tractor Supply’s earnings surprise history shows this Zacks Rank #2 (Buy) stock to have outperformed the Zacks Consensus Estimate in 19 out of the past 20 quarters, the only exception being the last quarter in which the company posted in line earnings. The average surprise for the past 20 quarters is 14.0%.

Tractor Supply posted strong first-quarter 2013 results on the back of robust top-line performance and improved margins. It declared results on Apr 24, 2013, wherein earnings of 62 cents per share surged nearly 12.7% year over year and were in line with the Zacks Consensus Estimate.

Tractor Supply’s total sales grew 6.4% to $1,085.8 million in the quarter from $1,020.4 million in the year-ago period, but missed the Zacks Consensus Estimate of $1,098 million. Additionally, comparable-store sales (comps) for the quarter climbed 0.5%.

Tractor Supply reiterated its 2013 net sales guidance, projecting sales in the range of $5.07–$5.17 billion, with an expected comps improvement of 3%−5%. The company anticipates 2013 earnings per share in the range of $4.32−$4.40, including an estimated cost of 6–7 cents per share related to the relocation of both its distribution center (in the Southeast) as well as corporate data center.

Apart from Tractor Supply, companies such as Genpact Limited (G - Snapshot Report), General Motors Company (GM - Analyst Report) and Lowe’s Companies Inc. (LOW - Analyst Report) achieved new 52-week highs of $21.30, $36.72 and $44.42, respectively, on Jul 15, 2013.

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%