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TSCO $258.13

TSCO target price
258.13
0
270
Tractor Supply Company
Type
Public
Traded as NASDAQ: TSCO
NASDAQ-100 Component
S&P 500 Component
Industry Retail
Founded 1938
Headquarters Brentwood, Tennessee, U.S.
Number of locations
1,617
Area served
49 U.S. states
Key people
Gregory A. Sandfort - CEO
Products Clothing & Footwear, Dog, Cat & Pet Supplies, Trailers & Accessories, Lawn and Garden Supplies, Propane & Heating Supplies,Tools & Gun Safes, Fencing, Welders & Welding Supplies, Lawn Mowers & Power Generators, etc.
Revenue IncreaseUS$ 6.78 billion (2016)
Operating income
IncreaseUS$ 694.08 million (2016)
Net income
IncreaseUS$ 437.12 million (2016)
Total assets IncreaseUS$ 2.675 billion (2016)
Total equity IncreaseUS$ 1.453 billion (2016)
Number of employees
26,000
Website www.tractorsupply.com

Tractor Supply Company (TSCO) is an American retail chain of stores that offers products for home improvement, agriculture, lawn and garden maintenance, and livestock, equine and pet care. It is a leading U.S. retailer in its market.

Founded as a mail order tractor parts business in 1938, the first Tractor Supply Co. retail store was founded in 1939 in Minot, North Dakota. From 1998 to 2002, George Strait was the spokesman for Tractor Supply Company. TSC is headquartered in Brentwood, Tennessee, a suburb of Nashville.

In 2004, when the company reported revenues of more than US$1.7 billion, Fortune magazine named Tractor Supply to its list of the 100 fastest growing businesses. As of April 1, 2017, Tractor Supply Company operated 1,617 stores in 49 states,

On October 10, 2013, the company celebrated its 75th anniversary by ringing the opening bell at the Nasdaq stock exchange in New York.

Tractor Supply lists five major product categories. The livestock and pet products category accounted for 46 percent of the company's sales in 2016. The category with the second highest sales was hardware, tools, truck and towing products, with 22 percent of sales. Seasonal products such as lawn and garden equipment, gifts and toys were 19 percent of sales, followed by clothing and footwear with 8 percent and agricultural products with 5 percent of sales.

The company has conducted advertising campaigns featuring the slogan "The Stuff You Need Out Here." Their mission statement is: "To work hard, have fun and make money by providing legendary service and great products at everyday low prices."

In September 2016, Tractor Supply Company acquired Petsense, LLC, a leading small-box specialty retailer of pet supplies primarily located in small and mid-size communities. In 2002, TSC was part of a group (also including four liquidation firms) that purchased some of the leases of the bankrupt Quality Stores, Inc., a Michigan-based company which at one time had operated over 300 stores in 30 states under the names CT Farm & Country; Country General; Quality Farm & Fleet; County Post; Central Farm and Fleet, and FISCO. The company also owns Del's Feed & Farm Supply, a farm retail chain in the Pacific Northwest and Hawaii.

Although also operating under the name TSC, this company is not currently affiliated with the US operation of Tractor Supply Company and is Canadian owned and operated. TSC Stores L.P. operates stores in Ontario. The company retails automotive, animal care, home improvement, and tooling and welding products; clothing collections, footwear, and toys; and farming, fencing, hunting and fishing, outdoor living, pet and birding, and outdoor power equipment. It also serves customers online. The company was founded in 1966 and is based in London, Canada. As of July 18, 2016, TSC Stores L.P. has been operating as a subsidiary of Peavey Industries LP.

In November 1966, TSC opened its first Ontario location in London. In 1987, when there were ten Ontario locations, the American parent company sold these locations to the Birch Hill investment company. Prior to July 2016, there were 51 corporate-owned TSC stores in Ontario, mostly in the southwest, as well as two stores in Manitoba (Winkler and Brandon).

From 2007 to 2009, TSC Stores was title sponsor of The Dominion Tankard curling championship in Southern Ontario.

In July 2016, the owner of the Peavey Mart chain bought a controlling interest in TSC Stores L.P from Birch Hill Equity Partners; full ownership will be achieved during 2017. With TSC's 51 retail stores added in, Peavey Mart will control 87 stores in total, as well as a second distribution centre located in London, Ontario. TSC's two Manitoba stores have been rebranded as Peavey Marts. TSC's Ontario stores will continue to operate under the TSC brand.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-19 Future report Set alerts
Q2 2022 2022-07-21 3.53 3.53
Q1 2022 2022-04-21 1.65 1.65
Q4 2021 2022-01-27 1.93 1.93
Q3 2021 2021-10-21 1.95 1.95
Q2 2021 2021-07-19 3.19 3.19
Q1 2021 2021-04-22 1.55 1.55
Q4 2020 2021-01-28 1.64 1.64
Q3 2020 2020-10-22 1.62 1.62
Q2 2020 2020-07-23 2.90 2.90

Ratings

2016-07-01 Reiterated Rating Raymond James Financial Inc. Strong-Buy $110.00
2016-07-01 Reiterated Rating Piper Jaffray Cos. Overweight $105.00 to $103.00
2016-07-01 Reiterated Rating Credit Suisse Group AG Overweight $100.00 to $96.00
2016-06-30 Reiterated Rating Barclays PLC Overweight $100.00
2016-06-30 Downgrade Northcoast Research Buy to Neutral
2016-06-30 Reiterated Rating BTIG Research Buy $115.00 to $105.00
2016-06-30 Reiterated Rating Nomura Holdings Inc. Buy $105.00
2016-06-30 Reiterated Rating Wedbush Outperform $96.00
2016-06-30 Boost Price Target Royal Bank Of Canada Outperform $97.00 to $100.00
2016-06-30 Lower Price Target JPMorgan Chase & Co. Overweight $105.00 to $103.00
2016-06-13 Initiated Coverage Guggenheim Buy $110.00
2016-06-10 Boost Price Target Oppenheimer Outperform $92.00 to $110.00
2016-06-10 Boost Price Target Oppenheimer Holdings Inc. Outperform $92.00 to $110.00
2016-06-09 Reiterated Rating BMO Capital Markets Hold $101.00
2016-06-07 Reiterated Rating Oppenheimer Buy
2016-06-01 Initiated Coverage BTIG Research Buy $115.00
2016-05-22 Reiterated Rating Piper Jaffray Buy
2016-05-16 Reiterated Rating Robert W. Baird Buy
2016-04-21 Reiterated Rating Nomura Buy $98.00 to $105.00
2016-04-21 Reiterated Rating Deutsche Bank Buy $94.00 to $100.00
2016-04-21 Reiterated Rating Goldman Sachs Hold $95.00 to $102.00
2016-04-21 Boost Price Target Telsey Advisory Group Outperform $100.00 to $103.00
2016-04-21 Reiterated Rating Deutsche Bank AG Buy $94.00 to $100.00
2016-04-21 Reiterated Rating Goldman Sachs Group Inc. Hold $95.00 to $102.00
2016-04-18 Reiterated Rating Robert W. Baird Buy
2016-04-17 Reiterated Rating Wedbush Buy $96.00 to $94.00
2016-04-14 Reiterated Rating Deutsche Bank Buy $94.00 to $100.00
2016-04-12 Reiterated Rating Credit Suisse Buy $95.00
2016-04-06 Boost Price Target Goldman Sachs Hold to Neutral $92.00 to $95.00
2016-03-30 Initiated Coverage Barclays Overweight $100.00
2016-02-24 Lower Price Target Nomura Buy $102.00 to $98.00
2016-02-24 Reiterated Rating Wedbush Outperform $94.00
2016-02-13 Reiterated Rating Oppenheimer Buy
2016-02-12 Lower Price Target Oppenheimer Outperform $95.00 to $92.00
2016-01-28 Reiterated Rating Wedbush Buy
2016-01-15 Lower Price Target BMO Capital Markets Market Perform $106.00 to $94.00
2016-01-14 Lower Price Target Deutsche Bank Buy $96.00 to $94.00
2016-01-13 Reiterated Rating Stephens Buy
2016-01-13 Reiterated Rating Robert W. Baird Buy
2016-01-13 Reiterated Rating Piper Jaffray Buy
2016-01-13 Reiterated Rating Oppenheimer Buy
2016-01-13 Lower Price Target SunTrust Buy $105.00 to $100.00
2016-01-13 Reiterated Rating Wedbush Outperform $100.00
2016-01-13 Lower Price Target RBC Capital Outperform $94.00 to $90.00
2016-01-13 Reiterated Rating Telsey Advisory Group Outperform $105.00 to $100.00
2016-01-13 Lower Price Target SunTrust Banks Inc. Buy $105.00 to $100.00
2016-01-04 Reiterated Rating Robert W. Baird Buy
2015-12-06 Reiterated Rating Deutsche Bank Buy
2015-10-22 Reiterated Rating Piper Jaffray Buy $114.00
2015-10-22 Boost Price Target RBC Capital Outperform $100.00 to $101.00
2015-10-14 Reiterated Rating Oppenheimer Buy
2015-09-25 Reiterated Rating Piper Jaffray Overweight $116.00
2015-09-18 Reiterated Rating Wedbush Buy $100.00
2015-09-17 Reiterated Rating Deutsche Bank Buy $96.00
2015-07-28 Boost Price Target Argus Buy $102.00 to $105.00
2015-07-23 Boost Price Target Deutsche Bank Buy $92.00 to $96.00
2015-07-17 Upgrade Piper Jaffray Neutral to Overweight $88.00 to $116.00
2015-07-17 Boost Price Target Telsey Advisory Group Outperform $95.00 to $105.00
2015-05-23 Reiterated Rating Credit Suisse Outperform $88.00 to $100.00
2015-05-12 Boost Price Target Credit Suisse Outperform $88.00 to $100.00
2015-04-29 Boost Price Target Argus Buy $96.00 to $102.00
2015-04-24 Boost Price Target BMO Capital Markets Market Perform $76.00 to $90.00
2015-04-23 Boost Price Target Piper Jaffray Neutral $79.00 to $88.00
2015-04-23 Boost Price Target JPMorgan Chase & Co. Overweight $96.00 to $97.00
2015-04-23 Boost Price Target Deutsche Bank Buy $90.00 to $92.00
2015-02-25 Reiterated Rating Oppenheimer Buy
2015-02-25 Boost Price Target Barclays Overweight $92.00 to $110.00
2015-02-25 Set Price Target Morgan Stanley Hold $84.00 to $92.00
2015-02-19 Upgrade Oppenheimer Market Perform to Outperform $95.00
2015-02-13 Upgrade Argus Hold to Buy $83.27 to $96.00
2015-01-29 Boost Price Target JPMorgan Chase & Co. Overweight $90.00 to $91.00
2015-01-29 Boost Price Target Nomura Buy $89.00 to $92.00
2015-01-29 Reiterated Rating Off Wall Street Sell
2015-01-26 Set Price Target Deutsche Bank Buy $90.00
2015-01-26 Boost Price Target Morgan Stanley Equal Weight $80.00 to $84.00
2015-01-26 Boost Price Target Credit Suisse Outperform $75.00 to $88.00
2015-01-08 Upgrade Deutsche Bank Hold to Buy $90.00 to $65.00
2014-12-16 Initiated Coverage Nomura Buy $89.00
2014-10-23 Reiterated Rating JPMorgan Chase & Co. Overweight $72.00 to $75.00
2014-10-23 Reiterated Rating Credit Suisse Outperform $70.00 to $75.00
2014-10-23 Reiterated Rating Barclays Overweight $70.00 to $75.00
2014-10-23 Boost Price Target RBC Capital Outperform $69.00 to $74.00
2014-10-23 Reiterated Rating Morgan Stanley Equal Weight $65.00 to $72.00
2014-10-23 Upgrade Raymond James Market Perform to Strong-Buy $78.00
2014-09-10 Reiterated Rating Off Wall Street Sell
2014-08-06 Downgrade Avondale Partners Outperform to Market Perform
2014-07-24 Upgrade Feltl & Co. Hold to Buy
2014-07-24 Downgrade William Blair Outperform to Market Perform
2014-07-16 Lower Price Target Oppenheimer Market Perform $70.00 to $60.00
2014-07-10 Reiterated UBS Buy $80 to $70
2014-07-10 Lower Price Target Telsey Advisory Group Not Rated $79.00 to $74.00
2014-07-10 Reiterated Rating JPMorgan Chase & Co. Overweight $74.00 to $72.00
2014-07-10 Reiterated Rating Barclays Overweight $78.00 to $70.00
2014-07-10 Downgrade William Blair Outperform to Market Perform
2014-07-10 Upgrade Morgan Stanley Equal Weight to Outperform $70.00 to $65.00
2014-07-10 Lower Price Target Deutsche Bank Hold $65.00 to $61.00
2014-07-10 Lower Price Target RBC Capital Outperform $78.00 to $69.00
2014-07-10 Upgrade Credit Suisse Neutral to Outperform $74.00 to $70.00
2014-06-24 Initiated Coverage Morgan Stanley Equal Weight $70.00
2014-06-16 Reiterated Rating Barclays Overweight
2014-05-13 Downgrade Argus Buy to Hold
2014-04-28 Upgrade Ned Davis Research Neutral to Buy
2014-04-24 Boost Price Target RBC Capital $76.00 to $78.00
2014-03-19 Reiterated Rating Janney Montgomery Scott Fair Value $75.00 to $78.00
2014-03-06 Initiated Coverage Wedbush Outperform $80.00
2014-02-14 Downgrade Oppenheimer Outperform to Market Perform $80.00 to $70.00
2014-01-30 Downgrade Raymond James Outperform to Market Perform
2014-01-30 Downgrade Deutsche Bank Buy to Hold $78.00 to $65.00
2014-01-30 Lower Price Target RBC Capital $81.00 to $76.00
2013-10-30 Boost Price Target Argus Buy $70.00 to $84.00
2013-10-24 Boost Price Target Wedbush Outperform $68.00 to $80.00
2013-10-24 Boost Price Target RBC Capital Outperform $73.00 to $79.00
2013-10-24 Boost Price Target JPMorgan Chase & Co. Overweight $67.00 to $78.00
2013-10-24 Boost Price Target Credit Suisse Neutral $64.00 to $74.00
2013-10-24 Boost Price Target Barclays Overweight $72.00 to $78.00
2013-10-24 Reiterated Rating Deutsche Bank Buy $66.00 to $75.00
2013-10-23 Reiterated Rating Argus Buy $70.00 to $140.00
2013-10-23 Boost Price Target SunTrust Buy $70.00 to $80.00
2013-07-15 Reiterated Deutsche Bank Buy $120 to $137
2013-03-07 Downgrade Feltl & Co. Strong Buy to Hold
2016-07-01 Reiterated Rating Raymond James Financial Inc. Strong-Buy $110.00
2016-07-01 Reiterated Rating Piper Jaffray Cos. Overweight $105.00 to $103.00
2016-07-01 Reiterated Rating Credit Suisse Group AG Overweight $100.00 to $96.00
2016-06-30 Reiterated Rating Barclays PLC Overweight $100.00
2016-06-30 Downgrade Northcoast Research Buy to Neutral

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks