Alert: New Earnings Report (10/24/24)-Tractor Supply Co (NASDAQ: TSCO).

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Tractor Supply Co (NASDAQ: TSCO) has reported E.P.S. of $2.25 for its third fiscal quarter (ending September 30) versus $2.34 for the same period a year ago — a decline of -4%. For the latest four quarters through September 30, E.P.S. were $10.33 versus $10.30 for the same period a year ago — an increase of 0%.

Recent Price Action

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Tractor Supply Co (NASDAQ: TSCO) stock closed at $274.29 on 10/24/24 after a large decline of -6.1%. Moreover, this decline was accompanied by exceptionally high trading volume at 266% of normal. The stock has declined -9.4% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, TSCO is expected to continue to be a major Value Builder.

Tractor Supply has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Tractor Supply has a slightly negative Appreciation Score of 31 but a good Power Rating of 71, and the Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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