Tractor Supply (TSCO): Today's Featured Specialty Retail Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Tractor Supply ( TSCO) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day down 2.2%. By the end of trading, Tractor Supply fell $3.18 (-4.2%) to $73.40 on average volume. Throughout the day, 1,449,007 shares of Tractor Supply exchanged hands as compared to its average daily volume of 984,900 shares. The stock ranged in price between $73.09-$76.81 after having opened the day at $76.62 as compared to the previous trading day's close of $76.58. Other companies within the Specialty Retail industry that declined today were: China Auto Logistics ( CALI), down 11.7%, Barnes & Noble ( BKS), down 6.5%, Blue Nile ( NILE), down 6.0% and Five Below ( FIVE), down 5.8%.

Tractor Supply Company operates retail farm and ranch stores in the United States. Tractor Supply has a market cap of $10.7 billion and is part of the services sector. The company has a P/E ratio of 35.0, above the S&P 500 P/E ratio of 17.7. Shares are down 1.3% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Tractor Supply a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Tractor Supply as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, notable return on equity, good cash flow from operations and solid stock price performance. 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.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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