Tractor Supply (TSCO): Today's Featured Specialty Retail Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
.
(
) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole was unchanged today. By the end of trading, Tractor Supply fell 95 cents (-1%) to $90.38 on heavy volume. Throughout the day, 954,598 shares of Tractor Supply exchanged hands as compared to its average daily volume of 566,600 shares. The stock ranged in price between $90.20-$91.52 after having opened the day at $90.70 as compared to the previous trading day's close of $91.33. Other companies within the Specialty Retail industry that declined today were:
(
), down 15%,
(
), down 10.5%,
(
), down 6.4%, and
(
), down 5%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Tractor Supply Company operates retail farm and ranch stores in the United States. Tractor Supply has a market cap of $6.49 billion and is part of the services sector. The company has a P/E ratio of 25.3, above the S&P 500 P/E ratio of 17.7. Shares are up 31.4% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Tractor Supply a buy, no analysts rate it a sell, and seven rate it a hold.
TheStreet Ratings rates Tractor Supply as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full Tractor Supply Ratings Report.
On the positive front,
(
), up 5.5%,
(
), up 4.7%,
(
), up 3.1%, and
(
), up 3.1%, were all gainers within the specialty retail industry with
(
) being today's featured specialty retail industry leader.
- Use our specialty retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider
(
) while those bearish on the specialty retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!
.
null