NEW YORK ( TheStreet) -- Tractor Supply (Nasdaq: TSCO) hit a new 52-week high Wednesday as it is currently trading at $88.71, above its previous 52-week high of $88.65 with 253,305 shares traded as of 12:30 p.m. ET. Average volume has been 697,800 shares over the past 30 days. Tractor Supply has a market cap of $5.73 billion and is part of the services sector and specialty retail industry. Shares are up 23.8% year to date as of the close of trading on Tuesday. Tractor Supply Company operates retail farm and ranch stores in the United States. The company has a P/E ratio of 28.7, below the average specialty retail industry P/E ratio of 29.7 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Tractor Supply as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Tractor Supply Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.