Tractor Supply Company: The Winning Streak Rolls On

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Shares of Tractor Supply Company TSCO traded today at $213.66, eclipsing its 52-week high. So far today approximately 166,000 shares have been exchanged, as compared to an average 30-day volume of 727,000 shares.

Tractor Supply Company is currently priced 16.4% above its average consensus analyst price target of $176.09.

Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 1,955 stores in 49 states and 174 Petsense stores. Stores are typically located in towns outside of urban areas and in rural communities. In fiscal 2020, revenue consisted primarily of livestock and pet (47%), hardware, tools, and truck (21%), and seasonal gift and toy (21%).

Over the past year, Tractor Supply Company has traded in a range of $127.78 to $213.66 and is now at $210.74, 65% above that low.

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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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