Tractor Supply (TSCO) CFO Kurt D. Barton Sells 10,085 Shares
Tractor Supply (NASDAQ:TSCO) CFO Kurt D. Barton sold 10,085 shares of the stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $104.50, for a total transaction of $1,053,882.50. Following the sale, the chief financial officer now directly owns 49,375 shares in the company, valued at approximately $5,159,687.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Shares of NASDAQ TSCO opened at $104.25 on Friday. The stock has a market capitalization of $12.47 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 1.95 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.22 and a current ratio of 1.91. Tractor Supply has a 1 year low of $58.27 and a 1 year high of $104.74.
Tractor Supply (NASDAQ:TSCO) last issued its earnings results on Thursday, January 31st. The specialty retailer reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.02. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.10 billion. Tractor Supply had a net margin of 6.73% and a return on equity of 36.86%. Analysts expect that Tractor Supply will post 4.71 EPS for the current year.
A number of equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Tractor Supply from a “hold” rating to a “sell” rating in a report on Thursday. BidaskClub raised shares of Tractor Supply from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Bank of America reissued a “neutral” rating and set a $95.00 price objective on shares of Tractor Supply in a report on Thursday. Piper Jaffray Companies increased their price objective on shares of Tractor Supply from $102.00 to $114.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Wells Fargo & Co increased their price objective on shares of Tractor Supply from $102.00 to $108.00 and gave the stock an “outperform” rating in a report on Thursday, February 14th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Tractor Supply has a consensus rating of “Buy” and a consensus price target of $93.53.
TRADEMARK VIOLATION NOTICE: “Tractor Supply (TSCO) CFO Kurt D. Barton Sells 10,085 Shares” was first posted by Daily Political and is owned by of Daily Political. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international copyright laws. The original version of this article can be viewed at https://www.dailypolitical.com/2019/04/13/tractor-supply-tsco-cfo-kurt-d-barton-sells-10085-shares.html.
Tractor Supply Company Profile
Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use.
Recommended Story: Do stock splits help investors?
Receive News & Ratings for Tractor Supply Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tractor Supply and related companies with MarketBeat.com's FREE daily email newsletter.