Acquisition by Matthew Rubin of 292 shares of Tractor Supply at 221.95 subject to Rule 16b-3
TSCO Stock | USD 51.71 0.13 0.25% |
About 62% of Tractor Supply's investor base is looking to short. The analysis of current outlook of investing in Tractor Supply suggests that many traders are alarmed regarding Tractor Supply's prospects. Tractor Supply's investing sentiment overview a quick insight into current market opportunities from investing in Tractor Supply. Many technical investors use Tractor Supply stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Filed transaction by Tractor Supply Officer Svp Petsense Gm. Grant, award or other acquisition pursuant to Rule 16b-3
Read at macroaxis.com
Tractor Supply Fundamental Analysis
We analyze Tractor Supply's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tractor Supply using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tractor Supply based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Tractor Supply is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Tractor Supply Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tractor Supply stock to make a market-neutral strategy. Peer analysis of Tractor Supply could also be used in its relative valuation, which is a method of valuing Tractor Supply by comparing valuation metrics with similar companies.
Peers
Tractor Supply Related Equities
DKS | Dicks Sporting | 3.54 | ||||
AZO | AutoZone | 2.48 | ||||
WSM | Williams Sonoma | 1.41 | ||||
GPC | Genuine Parts | 1.19 | ||||
ORLY | OReilly Automotive | 1.05 | ||||
FIVE | Five Below | 0.53 | ||||
AAP | Advance Auto | 0.48 | ||||
ULTA | Ulta Beauty | 0.13 | ||||
BBY | Best Buy | 0.31 | ||||
RH | RH | 1.14 |
Check out Tractor Supply Hype Analysis, Tractor Supply Correlation and Tractor Supply Performance. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tractor Supply. If investors know Tractor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tractor Supply listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tractor Supply is measured differently than its book value, which is the value of Tractor that is recorded on the company's balance sheet. Investors also form their own opinion of Tractor Supply's value that differs from its market value or its book value, called intrinsic value, which is Tractor Supply's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tractor Supply's market value can be influenced by many factors that don't directly affect Tractor Supply's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tractor Supply's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.