Tractor Supply Company (TSCO)
This Magnificent Stock Has Tripled in Just 5 Years and It's Now Wall Street's Latest Stock-Split Company
When investors think of stocks that have tripled in the last five years, they're likely thinking of companies that are benefiting from hot trends like artificial intelligence (AI) or digital advertising. They're less likely to think of a brick-and-mortar retail chain like Tractor Supply (TSCO 0.06%).
FIVE vs. TSCO: Which Stock Is the Better Value Option?
Investors with an interest in Retail - Miscellaneous stocks have likely encountered both Five Below (FIVE) and Tractor Supply (TSCO). But which of these two stocks offers value investors a better bang for their buck right now?
Rural Riches - Why Tractor Supply Is A Dividend Stock Worth Owning
Tractor Supply Company has outperformed Home Depot and the S&P 500 since 2019 due to its unique "Life Out Here" strategy. TSCO focuses on rural lifestyle products, catering to recreational farmers and outdoor enthusiasts, differentiating itself from Home Depot's home improvement and professional contractor market. TSCO has achieved nearly 20% average annual EPS growth over the past two decades, with robust performance even during economic downturns.
Tractor Supply Gains 37% YTD: Here's What Makes the Stock Apt to Hold
TSCO benefits from its Life Out Here Strategy and the Neighbor's Club membership program.
Tractor Supply's Valuation Reflects Resilient Q3, Growth Prospects
Tractor Supply Company's Q3 results showed resilience in a challenging macroeconomic environment, as discretionary purchases were pressured. The store expansion efforts have continued even amid the weaker macroeconomic backdrop, raising the growth outlook. The Allivet acquisition is strategically sound, adding ownership to an adjacent offering to Tractor Supply's customer base.
Tractor Supply Company: Cautious Heading Into Q4
I maintain a HOLD rating on TSCO due to its current overvaluation and items outside the company's control. TSCO's Q3 2024 earnings were largely in line with expectations, but the stock is trading at a 20% premium to historical multiples. The shift from retail to services spending and unseasonably warm weather pose risks to TSCO's near-term performance.
Tractor Supply's Strategic Efforts Encouraging: Apt to Hold the Stock?
TSCO benefits from its Life Out Here Strategy and the Neighbor's Club membership program.
Tractor Supply to Bolster Pet Care Offerings With Allivet Acquisition
Rural lifestyle retailer Tractor Supply Company plans to bolster the products and services it offers for companion animals, equestrian and livestock customers by acquiring online pet and animal pharmacy Allivet.
Here's Why Tractor Supply (TSCO) is a Strong Growth Stock
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Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Tractor Supply Company NASDAQ: TSCO is still a good buy because of its growth, increased leverage, and cash flow used to pay shareholders. The company's Q3 results failed to support the price action but aren't bad news for investors, merely weaker than expected in a world with macroeconomic headwinds and a tepid retail environment.
Tractor Supply Company (TSCO) Q3 2024 Earnings Call Transcript
Tractor Supply Company (NASDAQ:TSCO ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Mary Winn Pilkington - Senior Vice President, Investor and Public Relations Hal Lawton - Chief Executive Officer Kurt Barton - Chief Financial Officer Seth Estep - Executive Vice President and Chief Merchandising Officer Conference Call Participants Zach Fadem - Wells Fargo Chris Horvers - JPMorgan Chuck Grom - Gordon Haskett Research Advisors Karen Short - Melius Research Michael Lasser - UBS Julio Marquez - Guggenheim Partners Peter Benedict - Baird Peter Keith - Piper Sandler Scot Ciccarelli - Truist Operator Good morning, ladies and gentlemen, and welcome to Tractor Supply Company's Conference Call to discuss Third Quarter 2024 Results. [Operator Instructions] Please be advised that reproduction of this call in whole or in part is not permitted without written authorization of Tractor Supply Company.
Why Tractor Supply Stock Slumped Today
Investors are struggling to get excited with growth that's cooled way down.
