에 대한 최신 뉴스 Tractor Supply (NASDAQ:TSCO) 주식

Tractor Supply

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 2,254 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (rebranded as Tractor Supply), along with 205 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2023, revenue consisted primarily of livestock, equine & agriculture (27%), companion animal (25%), and seasonal & recreation (22%).

Tractor Supply Co

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58b43032b85e93000174c1f3/serge-belanger">Needham analyst Serge Belanger </a>downgraded the rating for Verrica Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRCA#NASDAQ">VRCA</a>) from Buy to Hold and maintained a $12 price target. Verrica Pharmaceuticals shares dipped 19% to close at $1.11 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group analyst Oliver Wintermantel downgraded Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) from Outperform to In-Line and maintained the price target of $300. Tractor Supply shares gained 1% to close at $298.07 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59c3eedd6e84a70001adcfff/devin-mcdermott">Morgan Stanley analyst Devin McDermott </a>downgraded the rating for New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NASDAQ">NFE</a>) from Overweight to Equal-Weight and lowered the price target from $35 to $15. New Fortress Energy shares fell 7.6% to close at $8.94 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho analyst Vijay Rakesh downgraded the rating for Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) from Neutral to Underperform and lowers the price target from $17 to $8. Wolfspeed shares gained 2.9% to close at $9.15 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5909e5c2290fa700012c0331/craig-irwin">Roth MKM analyst Craig Irwin</a> downgraded the rating for Blue Bird Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLBD#NASDAQ">BLBD</a>) from Buy to Neutral and maintained the price target of $48. Blue Bird shares fell 0.2% to close at $45.99 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying TSCO stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="515" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03083516/image-14-1024x515.png" alt="" class="wp-image-578550" style="width:640px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03083516/image-14-1024x515.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03083516/image-14-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03083516/image-14-768x387.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03083516/image-14.png 1347w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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News

Downgrades

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

BLBD

TSCO

VRCA

WOLF

This Tractor Supply Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

Evercore ISI Group analyst Oliver Wintermantel downgrades Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) from Outperform to In-Line and maintains the price target from $300 to $300.

Price Target

Evercore ISI Group Downgrades Tractor Supply to In-Line, Maintains Price Target to $300

Benchmark analyst John Lawrence reiterates Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Buy and maintains $280 price target.

Reiteration

Benchmark Reiterates Buy on Tractor Supply, Maintains $280 Price Target

11 analysts have expressed a variety of opinions on Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $290.27, a high estimate of $315.00, and a low estimate of $260.00. This current average has increased by 1.0% from the previous average price target of $287.40. 
<img src="https://www.benzinga.com/files/images/story/2024/1727118058_0_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Tractor Supply is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Karen Short</td>
<td>Melius Research</td>
<td>Announces</td>
<td>Buy</td>
<td>$315.00</td>
<td>-</td>
</tr>
<tr>
<td>Anthony Chukumba</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Hold</td>
<td>$260.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Oliver Wintermantel</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$280.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>John Lawrence</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$280.00</td>
<td>$280.00</td>
</tr>
<tr>
<td>Seth Basham</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$270.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Scot Ciccarelli</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$293.00</td>
<td>$289.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$305.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Zachary Fadem</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$295.00</td>
<td>$285.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$305.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Oliver Wintermantel</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$290.00</td>
<td>$295.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Tractor Supply. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Tractor Supply compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Tractor Supply's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Tractor Supply's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/TSCO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Tractor Supply analyst ratings.</a>
<h2>Discovering Tractor Supply: A Closer Look</h2>
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 2,254 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (rebranded as Tractor Supply), along with 205 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2023, revenue consisted primarily of livestock, equine &amp; agriculture (27%), companion animal (25%), and seasonal &amp; recreation (22%).
<h3>Breaking Down Tractor Supply's Financial Performance</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Positive Revenue Trend: Examining Tractor Supply's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.48% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Tractor Supply's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 10.01% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 19.2%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Tractor Supply's ROA excels beyond industry benchmarks, reaching 4.4%. This signifies efficient management of assets and strong financial health.
Debt Management: Tractor Supply's debt-to-equity ratio is below the industry average. With a ratio of 2.22, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Tractor Supply Stock: A Deep Dive Into Analyst Perspectives (11 Ratings)

Melius Research analyst Karen Short initiates coverage on Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Buy rating and announces Price Target of $315.

Initiation

Melius Research Initiates Coverage On Tractor Supply with Buy Rating, Announces Price Target of $315

During the last three months, 11 analysts shared their evaluations of Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>), revealing diverse outlooks from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $288.45, a high estimate of $305.00, and a low estimate of $260.00. Witnessing a positive shift, the current average has risen by 0.28% from the previous average price target of $287.64.
<img src="https://www.benzinga.com/files/images/story/2024/1725645647_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Tractor Supply among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Anthony Chukumba</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Hold</td>
<td>$260.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Oliver Wintermantel</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$280.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>John Lawrence</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$280.00</td>
<td>$280.00</td>
</tr>
<tr>
<td>Seth Basham</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$270.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Scot Ciccarelli</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$293.00</td>
<td>$289.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$305.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Zachary Fadem</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$295.00</td>
<td>$285.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$305.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Oliver Wintermantel</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$290.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Oliver Wintermantel</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$295.00</td>
<td>$290.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Tractor Supply. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Tractor Supply compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Tractor Supply's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Tractor Supply's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/TSCO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Tractor Supply analyst ratings.</a>
<h2>All You Need to Know About Tractor Supply</h2>
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 2,254 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (rebranded as Tractor Supply), along with 205 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2023, revenue consisted primarily of livestock, equine &amp; agriculture (27%), companion animal (25%), and seasonal &amp; recreation (22%).
<h3>Tractor Supply: Delving into Financials</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Tractor Supply's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 1.48%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: Tractor Supply's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 10.01% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Tractor Supply's ROE excels beyond industry benchmarks, reaching 19.2%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Tractor Supply's ROA excels beyond industry benchmarks, reaching 4.4%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 2.22, Tractor Supply adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Closer Look at 11 Analyst Recommendations For Tractor Supply

Loop Capital analyst Anthony Chukumba maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Hold and raises the price target from $250 to $260.

Loop Capital Maintains Hold on Tractor Supply, Raises Price Target to $260

Financial giants have made a conspicuous bearish move on Tractor Supply. Our analysis of options history for Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) revealed 13 unusual trades.
Delving into the details, we found 23% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $543,423, and 2 were calls, valued at $159,520.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $260.0 to $280.0 for Tractor Supply during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Tractor Supply's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Tractor Supply's whale trades within a strike price range from $260.0 to $280.0 in the last 30 days. 
<h3>Tractor Supply Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724963504_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/06/24</td>
<td>$3.8</td>
<td>$3.5</td>
<td>$3.6</td>
<td>$277.50</td>
<td>$133.2K</td>
<td style="text-align: right;">22</td>
<td style="text-align: right;">370</td>
</tr>
<tr>
<td>TSCO</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$14.6</td>
<td>$13.6</td>
<td>$14.1</td>
<td>$280.00</td>
<td>$63.4K</td>
<td style="text-align: right;">150</td>
<td style="text-align: right;">45</td>
</tr>
<tr>
<td>TSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$13.1</td>
<td>$13.0</td>
<td>$13.1</td>
<td>$280.00</td>
<td>$60.2K</td>
<td style="text-align: right;">150</td>
<td style="text-align: right;">244</td>
</tr>
<tr>
<td>TSCO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$13.4</td>
<td>$12.5</td>
<td>$13.2</td>
<td>$280.00</td>
<td>$59.4K</td>
<td style="text-align: right;">150</td>
<td style="text-align: right;">327</td>
</tr>
<tr>
<td>TSCO</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$14.7</td>
<td>$14.3</td>
<td>$14.5</td>
<td>$280.00</td>
<td>$58.0K</td>
<td style="text-align: right;">150</td>
<td style="text-align: right;">418</td>
</tr>
</tbody>
</table>

<h3>About Tractor Supply</h3>
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 2,254 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (rebranded as Tractor Supply), along with 205 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2023, revenue consisted primarily of livestock, equine &amp; agriculture (27%), companion animal (25%), and seasonal &amp; recreation (22%).
After a thorough review of the options trading surrounding Tractor Supply, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Tractor Supply Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 558,445, the TSCO's price is up by 0.16%, now at $273.71. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 56 days.</li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Tractor Supply options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Smart Money Is Betting Big In TSCO Options

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$200.00</td>
<td>$32.0K</td>
<td>16.8K</td>
<td>68.9K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/30/24</td>
<td>$79.00</td>
<td>$32.2K</td>
<td>594</td>
<td>4.0K</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/27/24</td>
<td>$100.00</td>
<td>$33.6K</td>
<td>1.2K</td>
<td>1.2K</td>
</tr>
<tr>
<td>WYNN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$75.00</td>
<td>$103.2K</td>
<td>943</td>
<td>1.0K</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$96.00</td>
<td>$50.9K</td>
<td>1.2K</td>
<td>627</td>
</tr>
<tr>
<td>ANF</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$138.00</td>
<td>$58.0K</td>
<td>7</td>
<td>432</td>
</tr>
<tr>
<td>TSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$280.00</td>
<td>$50.2K</td>
<td>78</td>
<td>327</td>
</tr>
<tr>
<td>F</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$15.00</td>
<td>$79.0K</td>
<td>50</td>
<td>200</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$42.50</td>
<td>$65.3K</td>
<td>28</td>
<td>184</td>
</tr>
<tr>
<td>CPRI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$50.00</td>
<td>$26.0K</td>
<td>30.8K</td>
<td>171</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on August 30, 2024. This event was a transfer of 246 contract(s) at a $200.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $130.0 per contract. There were 16853 open contracts at this strike prior to today, and today 68936 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on August 30, 2024. Parties traded 278 contract(s) at a $79.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $32.2K, with a price of $116.0 per contract. There were 594 open contracts at this strike prior to today, and today 4065 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a call option trade with bearish sentiment. It expires in 30 day(s) on September 27, 2024. Parties traded 200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $33.6K, with a price of $168.0 per contract. There were 1264 open contracts at this strike prior to today, and today 1201 contract(s) were bought and sold. 
• Regarding WYNN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>), we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on September 20, 2024. Parties traded 499 contract(s) at a $75.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $103.2K, with a price of $207.0 per contract. There were 943 open contracts at this strike prior to today, and today 1085 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a put option trade with bullish sentiment. It expires in 23 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $96.00 strike. The total cost received by the writing party (or parties) was $50.9K, with a price of $255.0 per contract. There were 1215 open contracts at this strike prior to today, and today 627 contract(s) were bought and sold. 
• Regarding ANF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>), we observe a call option trade with bullish sentiment. It expires in 2 day(s) on August 30, 2024. Parties traded 200 contract(s) at a $138.00 strike. The total cost received by the writing party (or parties) was $58.0K, with a price of $290.0 per contract. There were 7 open contracts at this strike prior to today, and today 432 contract(s) were bought and sold. 
• Regarding TSCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>), we observe a put option sweep with bearish sentiment. It expires in 79 day(s) on November 15, 2024. Parties traded 34 contract(s) at a $280.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $50.2K, with a price of $1477.0 per contract. There were 78 open contracts at this strike prior to today, and today 327 contract(s) were bought and sold. 
• Regarding F (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), we observe a put option trade with bullish sentiment. It expires in 51 day(s) on October 18, 2024. Parties traded 200 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $79.0K, with a price of $395.0 per contract. There were 50 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• For W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we notice a call option sweep that happens to be bullish, expiring in 51 day(s) on October 18, 2024. This event was a transfer of 172 contract(s) at a $42.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $65.3K, with a price of $380.0 per contract. There were 28 open contracts at this strike prior to today, and today 184 contract(s) were bought and sold. 
• For CPRI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>), we notice a call option trade that happens to be bullish, expiring in 142 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $260.0 per contract. There were 30843 open contracts at this strike prior to today, and today 171 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BABA

CPRI

Citigourp Global Markets 2% Protected Notes Linked To The Djia

SBUX

TSLA

WYNN

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) reported downbeat sales for the <a href="https://www.benzinga.com/news/earnings/24/07/39956426/tractor-supplys-q2-sales-miss-tightens-outlook-ceo-lawton-highlights-creating-more-separation-betwe">second quarter on Thursday</a>.
The company reported quarterly earnings per share of $3.93, in line with the street view. Second-quarter sales totaled $4.25 billion (+1.5%), which missed the analyst consensus of $4.284 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Comparable store sales decreased 0.5%, as compared to an increase of 2.5% in the prior year's second quarter, driven by a comparable average transaction count decline of 0.6%.
"At the halfway point of the year, we have made significant progress on our Life Out Here strategy. We continue to create more separation between us and our competition," said Hal Lawton, President and Chief Executive Officer of Tractor Supply.
Tractor Supply tightened its 2024 net sales forecast to $14.8 billion-$15 billion from the prior guidance of $14.7 billion-$15.1 billion and consensus of $14.97 billion. The company sees 2024 EPS of $10.00-$10.40 versus prior guidance of $9.85-$10.50 and consensus of $10.38.
Tractor Supply shares gained 3.6% to trade at $266.82 on Friday.
These analysts made changes to their price targets on Tractor Supply following the announcement.
<ul>
<li>Telsey Advisory Group analyst Joseph Feldman maintained Tractor Supply with an Outperform rating, while cutting the price target from $305 to $300.</li>
<li>Truist Securities analyst Scot Ciccarelli maintained Tractor Supply with a Buy rating and raised the price target from $289 to $293.</li>
<li>Evercore ISI Group analyst Oliver Wintermantel maintained the stock with an Outperform rating, while cutting the price target from $290 to $280.</li>
<li>Benchmark analyst John Lawrence, meanwhile, reiterated Tractor Supply with a Buy and maintained a $280 price target.</li>
<li>Wedbush analyst Seth Basham reiterated the stock with a Neutral rating and maintained a $270 price target.</li>
</ul>
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Earnings

These Analysts Revise Their Forecasts On Tractor Supply After Q2 Results

Evercore ISI Group analyst Oliver Wintermantel maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Outperform and lowers the price target from $290 to $280.

Evercore ISI Group Maintains Outperform on Tractor Supply, Lowers Price Target to $280

Wedbush analyst Seth Basham reiterates Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Neutral and maintains $270 price target.

Wedbush Reiterates Neutral on Tractor Supply, Maintains $270 Price Target

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>RBC Capital increased RTX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) price target from $102 to $115. RBC Capital analyst Ken Herbert maintained a Sector Perform rating. RTX shares gained 1% to trade at $114.58 on Friday. <a href="https://www.benzinga.com/quote/RTX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs cut the price target for Coursera, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COUR#NYSE">COUR</a>) from $10.5 to $9. Goldman Sachs analyst Eric Sheridan maintained a Sell rating. Coursera shares gained 50% to trade at $11.12 on Friday. <a href="https://www.benzinga.com/quote/COUR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo boosted the price target for Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) from $580 to $600. Wells Fargo analyst Michael Turrin maintained an Overweight rating. Tyler Technologies shares gained 3.1% to trade at $581.88 on Friday. <a href="https://www.benzinga.com/quote/TYL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler cut the price target for Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>) from $68 to $64. Piper Sandler analyst Charles Neivert maintained an Overweight rating. Dow shares fell 0.1% to trade at $52.80 on Friday. <a href="https://www.benzinga.com/quote/DOW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Macquarie boosted IMAX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IMAX#NYSE">IMAX</a>) price target from $24 to $26. Macquarie analyst Chad Beynon maintained an Outperform rating. IMAX shares rose 1.8% to trade at $19.74 on Friday. <a href="https://www.benzinga.com/quote/IMAX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Truist Securities raised the price target for Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) from $289 to $293. Truist Securities analyst Scot Ciccarelli maintained a Buy rating. Tractor Supply shares rose 2.7% to trade at $264.49 on Friday. <a href="https://www.benzinga.com/quote/TSCO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Susquehanna cut Rambus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBS#NASDAQ">RMBS</a>) price target from $75 to $66. Susquehanna analyst Mehdi Hosseini maintained a Positive rating. Rambus shares gained 1.9% to trade at $57.87 on Friday. <a href="https://www.benzinga.com/quote/RMBS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays boosted AbbVie Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) price target from $187 to $200. Barclays analyst Carter Gould maintained an Overweight rating. AbbVie shares rose 2.1% to trade at $185.90 on Friday. <a href="https://www.benzinga.com/quote/ABBV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham raised LendingTree, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TREE#NASDAQ">TREE</a>) price target from $56 to $67. Needham analyst Mayank Tandon maintained a Buy rating. LendingTree shares fell 2.3% to trade at $53.47 on Friday. <a href="https://www.benzinga.com/quote/TREE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank boosted Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) price target from $540 to $600. Deutsche Bank analyst Scott Deuschle upgraded the stock from Hold to Buy. Lockheed Martin shares rose 0.8% to trade at $525.61 on Friday. <a href="https://www.benzinga.com/quote/LMT/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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ABBV

COUR

IMAX

RMBS

TREE

Lockheed Martin To Rally Over 14%? Here Are 10 Top Analyst Forecasts For Friday

Truist Securities analyst Scot Ciccarelli maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Buy and raises the price target from $289 to $293.

Truist Securities Maintains Buy on Tractor Supply, Raises Price Target to $293

Telsey Advisory Group analyst Joseph Feldman maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Outperform and lowers the price target from $305 to $300.

Telsey Advisory Group Maintains Outperform on Tractor Supply, Lowers Price Target to $300

Telsey Advisory Group analyst Joseph Feldman maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Outperform and maintains $305 price target.

Telsey Advisory Group Maintains Outperform on Tractor Supply, Maintains $305 Price Target

Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) shares are trading lower after <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">releasing second-quarter earnings</a>.
The company reported quarterly earnings per share of $3.93, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/b39953577/tractor-supply-company-reports-second-quarter-2024-financial-results-updates-fiscal-2024-financial" rel="noreferrer noopener">in line with the street view.</a>
Second-quarter sales totaled $4.25 billion (+1.5%), which missed the analyst consensus of $4.284 billion.
Comparable store sales decreased 0.5%, as compared to an increase of 2.5% in the prior year&#8217;s second quarter, driven by a comparable average transaction count decline of 0.6%.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39545253/tractor-supply-company-shifts-focus-retires-dei-goals-amid-backlash-emphasizes-rural-america-pri" rel="noreferrer noopener">Tractor Supply Company Shifts Focus, Retires DEI Goals Amid Backlash, Emphasizes Rural America Priorities</a>
Gross profit, however, increased 2.7% to $1.56 billion. Gross margin increased 43 basis points to 36.6% from 36.2% in the prior year&#8217;s second quarter.
The gross margin rate increase was primarily attributable to ongoing lower transportation costs along with disciplined product cost management and the continued execution of an everyday low price strategy.&nbsp;
The company opened 21 new Tractor Supply stores and three new Petsense by Tractor Supply stores<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener"> in the second quarter of 2024.</a>
&#8220;At the halfway point of the year, we have made significant progress on our Life Out Here strategy. We continue to create more separation between us and our competition,&#8221; said Hal Lawton, President and Chief Executive Officer of Tractor Supply.
Outlook: Tractor Supply tightened its 2024 net sales forecast to $14.8 billion-$15 billion from the prior guidance of $14.7 billion-$15.1 billion and <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of $14.97 billion.</a>
Tractor Supply forecasts 2024 EPS of $10.00-$10.40 versus prior guidance of $9.85-$10.50 and consensus of $10.38.
Price Action: TSCO shares are trading lower by 3.79% to $252.57 premarket at last check Thursday.
Photo via Wikimedia Commons
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Equities

Guidance

Movers

Media

General

Tractor Supply's Q2 Sales Miss, Tightens Outlook; CEO Lawton Highlights 'Creating More Separation Between Us And Our Competition'

Tractor Supply Forecast 2024 EPS Of  $10.00-$10.40 Versus Prior Guidance Of  $9.85 to $10.50 And Consensus Of $10.37

Fiscal Year 2024 Financial Outlook
Based on year-to-date performance and its outlook, Tractor Supply is updating its financial guidance. For fiscal year 2024, the Company now expects the following:
<table cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
Updated
</td>
<td colspan="1" rowspan="1">
Previous
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Net Sales
</td>
<td colspan="1" rowspan="1">
$14.8 billion to $15.0 billion
</td>
<td colspan="1" rowspan="1">
$14.7 billion to $15.1 billion
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Comparable Store Sales
</td>
<td colspan="1" rowspan="1">
(0.5%) to +1.0%
</td>
<td colspan="1" rowspan="1">
(1.0%) to +1.5%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Operating Margin Rate
</td>
<td colspan="1" rowspan="1">
9.8% to 10.1%
</td>
<td colspan="1" rowspan="1">
9.7% to 10.1%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Net Income
</td>
<td colspan="1" rowspan="1">
$1.08 billion to $1.12 billion
</td>
<td colspan="1" rowspan="1">
$1.06 billion to $1.13 billion
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Earnings per Diluted Share
</td>
<td colspan="1" rowspan="1">
$10.00 to $10.40
</td>
<td colspan="1" rowspan="1">
$9.85 to $10.50
</td>
</tr>
</tbody>
</table>

Tractor Supply Forecast 2024 Net Sales Of $14.8B-$15B Versus Prior Guidance Of $14.7B-$15.1B And Consensus Of $14.974B

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