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If You Invested $1000 in Tractor Supply a Decade Ago, This is How Much It'd Be Worth Now
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For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in Tractor Supply (TSCO - Free Report) ten years ago? It may not have been easy to hold on to TSCO for all that time, but if you did, how much would your investment be worth today?
Tractor Supply's Business In-Depth
With that in mind, let's take a look at Tractor Supply's main business drivers.
Headquartered in Brentwood, TN, Tractor Supply Company is the largest retail farm and ranch store chain in the United States. The company focuses on recreational farmers and ranchers as well as tradesmen and small businesses. It offers a wide array of merchandise such as livestock, pet and animal products, maintenance products for agricultural and rural use, hardware and tools, lawn and garden power equipment, truck and towing products, and work apparel.
Stores of Tractor Supply are primarily located in rural areas and the suburbs of major cities, which have inside selling space of 15,000–20,000 square feet with a similar area of outside space, used to demonstrate agricultural fencing, livestock equipment and horse stalls. Petsense stores have roughly 5,500 square feet of inside selling space. For Tractor Supply retail locations, the company has a standard design for the new built-to-suit locations, including nearly 15,500 square feet of inside selling space.
Tractor Supply’s broad assortment of products is tailored to meet the regional and geographic needs of its markets. Moreover, the retailer’s full line of product offerings is supported by a strong in-stock inventory position with an average of 16,000–19,500 unique products per store.
Apart from selling nationally recognized branded merchandise, the company also markets an increasing list of products under its “private-label programs.” The latter include Masterhand and Job Smart (tools and tool chests), Dumor and Producers Pride (livestock feed) and Retriever and Paws ‘n Claws (pet foods). Further, the company recently acquired 100% stake in Petsense, to fortify its presence in the pet specialty space.
Tractor Supply operates retail stores under the names Tractor Supply Company, Del’s Feed & Farm Supply, and Petsense as well as operate websites under the names TractorSupply.com and Petsense.com. Its online selling websites are expected to offer expanded assortment of products beyond in-store as well as boost store traffic through buy online, pickup in-store and ship to store programs.
As of Dec 25, 2021, it operated 2,003 Tractor Supply stores across 49 states and 178 Petsense stores in 23 states.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in Tractor Supply ten years ago, you're probably feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in March 2012 would be worth $5,274.80, or a gain of 427.48%, as of March 22, 2022, and this return excludes dividends but includes price increases.
In comparison, the S&P 500 gained 218% and the price of gold went up 13.22% over the same time frame.
Looking ahead, analysts are expecting more upside for TSCO.
Shares of Tractor Supply have outpaced the industry in the past year on a robust surprise trend that continued in the fourth quarter of 2021. The quarter marked the eighth straight quarter of earnings surprise and a seventh consecutive sales beat. Both the top and bottom line grew year over year and surpassed the Zacks Consensus Estimate. Results gained from strength in the Life Out Here Strategy and healthy customer trends. Also, sturdy demand for everyday merchandise including consumable, usable and edible products as well as robust summer seasonal categories contributed to comps growth. All the geographic regions and key merchandising categories performed well. It issued an upbeat view for 2022. However, higher costs, including product inflation and freight, remain headwinds. Uncertainties relating to the pandemic are also concerns.
The stock has jumped 8.13% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 13 higher, for fiscal 2022; the consensus estimate has moved up as well.
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If You Invested $1000 in Tractor Supply a Decade Ago, This is How Much It'd Be Worth Now
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in Tractor Supply (TSCO - Free Report) ten years ago? It may not have been easy to hold on to TSCO for all that time, but if you did, how much would your investment be worth today?
Tractor Supply's Business In-Depth
With that in mind, let's take a look at Tractor Supply's main business drivers.
Headquartered in Brentwood, TN, Tractor Supply Company is the largest retail farm and ranch store chain in the United States. The company focuses on recreational farmers and ranchers as well as tradesmen and small businesses. It offers a wide array of merchandise such as livestock, pet and animal products, maintenance products for agricultural and rural use, hardware and tools, lawn and garden power equipment, truck and towing products, and work apparel.
Stores of Tractor Supply are primarily located in rural areas and the suburbs of major cities, which have inside selling space of 15,000–20,000 square feet with a similar area of outside space, used to demonstrate agricultural fencing, livestock equipment and horse stalls. Petsense stores have roughly 5,500 square feet of inside selling space. For Tractor Supply retail locations, the company has a standard design for the new built-to-suit locations, including nearly 15,500 square feet of inside selling space.
Tractor Supply’s broad assortment of products is tailored to meet the regional and geographic needs of its markets. Moreover, the retailer’s full line of product offerings is supported by a strong in-stock inventory position with an average of 16,000–19,500 unique products per store.
Apart from selling nationally recognized branded merchandise, the company also markets an increasing list of products under its “private-label programs.” The latter include Masterhand and Job Smart (tools and tool chests), Dumor and Producers Pride (livestock feed) and Retriever and Paws ‘n Claws (pet foods). Further, the company recently acquired 100% stake in Petsense, to fortify its presence in the pet specialty space.
Tractor Supply operates retail stores under the names Tractor Supply Company, Del’s Feed & Farm Supply, and Petsense as well as operate websites under the names TractorSupply.com and Petsense.com. Its online selling websites are expected to offer expanded assortment of products beyond in-store as well as boost store traffic through buy online, pickup in-store and ship to store programs.
As of Dec 25, 2021, it operated 2,003 Tractor Supply stores across 49 states and 178 Petsense stores in 23 states.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in Tractor Supply ten years ago, you're probably feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in March 2012 would be worth $5,274.80, or a gain of 427.48%, as of March 22, 2022, and this return excludes dividends but includes price increases.
In comparison, the S&P 500 gained 218% and the price of gold went up 13.22% over the same time frame.
Looking ahead, analysts are expecting more upside for TSCO.
Shares of Tractor Supply have outpaced the industry in the past year on a robust surprise trend that continued in the fourth quarter of 2021. The quarter marked the eighth straight quarter of earnings surprise and a seventh consecutive sales beat. Both the top and bottom line grew year over year and surpassed the Zacks Consensus Estimate. Results gained from strength in the Life Out Here Strategy and healthy customer trends. Also, sturdy demand for everyday merchandise including consumable, usable and edible products as well as robust summer seasonal categories contributed to comps growth. All the geographic regions and key merchandising categories performed well. It issued an upbeat view for 2022. However, higher costs, including product inflation and freight, remain headwinds. Uncertainties relating to the pandemic are also concerns.
The stock has jumped 8.13% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 13 higher, for fiscal 2022; the consensus estimate has moved up as well.