Tractor Supply Company focuses on supplying the lifestyle needs of recreational farmers, tradesmen and small businesses. The company offers a portfolio of products, which include equine, livestock, pet and small animal products, hardware, truck, towing and tool products, seasonal products, including lawn and garden items, power equipment, gifts and toys, work/recreational clothing and footwear, and maintenance products for agricultural and rural use. The company was founded in 1938 and is based in Brentwood, Tennessee.
TSCO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Tractor Supply Co with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Tractor Supply Co ranked in the 68th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 218%. In terms of the factors that were most noteworthy in this DCF analysis for TSCO, they are:
Tractor Supply Co's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 23.65% of tickers in our DCF set.
TSCO's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 23.65% of tickers in our DCF set.
Relative to other stocks in its sector (Consumer Cyclical), Tractor Supply Co has a reliance on debt greater than merely 19.41% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TSCO, try CVGI, MUSA, NVR, CTB, and QNST.
Tractor Supply Company has pledged its support to Gulf-area pet and animal organizations impacted by Hurricane Laura. Tractor Supply will donate a total of $100,000 to facilities in Louisiana and Texas, including shelters, humane societies, animal rescues and more. Continue reading ValleyMorningStar.com.
BRENTWOOD, Tenn.--(BUSINESS WIRE)-- #LifeOutHere--Tractor Supply Company, the largest rural lifestyle retailer in the United States, has pledged its support to Gulf-area pet and animal organizations impacted by Hurricane Laura. Tractor Supply will donate a total of $100,000 to facilities in Louisiana and Texas, including shelters, humane societies, animal rescues and more. Hurricane Laura made landfall on August 27, sustaining winds around 150 mph. The strong wind gusts resulted in widespread structural damag