Latest news with #TSCO
Yahoo
6 days ago
- Business
- Yahoo
Tractor Supply Company (TSCO): A Bull Case Theory
We came across a bullish thesis on Tractor Supply Company (TSCO) on Flyover Stocks' Substack. In this article, we will summarize the bulls' thesis on TSCO. Tractor Supply Company (TSCO)'s share was trading at $49.70 as of 23rd May. TSCO's trailing and forward P/E were 24.73 and 23.70 respectively according to Yahoo Finance. Dusan Petkovic/ Tractor Supply Company (TSCO) stands out as a rare retail business with a strong economic moat, evidenced by an unusual FTC antitrust investigation into its 2021 acquisition of Orscheln Farm and Home. Unlike most retail sectors, where competition quickly erodes advantages, the FTC recognized TSC's unique dominance in the brick-and-mortar farm store niche, highlighting that online alternatives cannot replicate the hands-on, knowledgeable shopping experience critical to its rural customers. The physical nature of many farm products—large, heavy, and impractical to ship—further cements TSC's position. This moat has proven resilient against big-box competitors like Walmart and Home Depot, who have failed to capture this specialized market. Founded and headquartered in Brentwood, Tennessee, TSC targets a distinct demographic of hobby farmers—individuals managing acreage and animals for personal rather than commercial use—focusing heavily on animal products, a segment not easily duplicated by others. The company's story includes a key personal lesson for investors: spotting undervalued quality early is crucial, as seen when TSC's stock was trading at 10x earnings in 2009, only to soar by 3,750% over the next 16 years. TSC's strategic positioning in rural and exurban areas, away from typical retail hotspots, coupled with a specialized product offering, creates barriers to entry for competitors and drives steady growth. Trading at a reasonable 23.3x next-year earnings with a 1.8% dividend yield, Tractor Supply exemplifies how a niche-focused, well-managed Flyover Stock can deliver outsized long-term returns while maintaining a durable competitive advantage in an otherwise challenging retail environment. Tractor Supply Company (TSCO) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 40 hedge fund portfolios held TSCO at the end of the fourth quarter which was 29 in the previous quarter. While we acknowledge the risk and potential of TSCO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than TSCO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Yahoo
30-05-2025
- Business
- Yahoo
Tractor Supply Company (TSCO): A Bull Case Theory
We came across a bullish thesis on Tractor Supply Company (TSCO) on Flyover Stocks' Substack. In this article, we will summarize the bulls' thesis on TSCO. Tractor Supply Company (TSCO)'s share was trading at $49.70 as of 23rd May. TSCO's trailing and forward P/E were 24.73 and 23.70 respectively according to Yahoo Finance. Dusan Petkovic/ Tractor Supply Company (TSCO) stands out as a rare retail business with a strong economic moat, evidenced by an unusual FTC antitrust investigation into its 2021 acquisition of Orscheln Farm and Home. Unlike most retail sectors, where competition quickly erodes advantages, the FTC recognized TSC's unique dominance in the brick-and-mortar farm store niche, highlighting that online alternatives cannot replicate the hands-on, knowledgeable shopping experience critical to its rural customers. The physical nature of many farm products—large, heavy, and impractical to ship—further cements TSC's position. This moat has proven resilient against big-box competitors like Walmart and Home Depot, who have failed to capture this specialized market. Founded and headquartered in Brentwood, Tennessee, TSC targets a distinct demographic of hobby farmers—individuals managing acreage and animals for personal rather than commercial use—focusing heavily on animal products, a segment not easily duplicated by others. The company's story includes a key personal lesson for investors: spotting undervalued quality early is crucial, as seen when TSC's stock was trading at 10x earnings in 2009, only to soar by 3,750% over the next 16 years. TSC's strategic positioning in rural and exurban areas, away from typical retail hotspots, coupled with a specialized product offering, creates barriers to entry for competitors and drives steady growth. Trading at a reasonable 23.3x next-year earnings with a 1.8% dividend yield, Tractor Supply exemplifies how a niche-focused, well-managed Flyover Stock can deliver outsized long-term returns while maintaining a durable competitive advantage in an otherwise challenging retail environment. Tractor Supply Company (TSCO) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 40 hedge fund portfolios held TSCO at the end of the fourth quarter which was 29 in the previous quarter. While we acknowledge the risk and potential of TSCO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than TSCO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Business Insider
23-05-2025
- Business
- Business Insider
Tesco plc (TSCO) Gets a Buy from Citi
Citi analyst Monique Pollard maintained a Buy rating on Tesco plc (TSCO – Research Report) today and set a price target of £3.95. The company's shares closed yesterday at p381.50. Confident Investing Starts Here: According to TipRanks, Pollard is ranked #1390 out of 9537 analysts. In addition to Citi, Tesco plc also received a Buy from Goldman Sachs's Richard Edwards in a report issued on May 15. However, on May 19, RBC Capital maintained a Hold rating on Tesco plc (LSE: TSCO). TSCO market cap is currently £25.09B and has a P/E ratio of 15.66. Based on the recent corporate insider activity of 90 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TSCO in relation to earlier this year.
Reuters
22-05-2025
- Business
- Reuters
Tesco names group's chief commercial officer as new UK CEO
May 22 (Reuters) - Tesco (TSCO.L), opens new tab, Britain's biggest supermarket group, on Thursday named its current chief commercial officer Ashwin Prasad as the new chief executive of Tesco UK, replacing Matthew Barnes.
Business Insider
20-05-2025
- Business
- Business Insider
Tesco plc (TSCO) Receives a Hold from RBC Capital
In a report released yesterday, Manjari Dhar from RBC Capital maintained a Hold rating on Tesco plc (TSCO – Research Report), with a price target of p350.00. The company's shares closed yesterday at p371.10. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Dhar is ranked #5189 out of 9519 analysts. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tesco plc with a p388.40 average price target. TSCO market cap is currently £24.13B and has a P/E ratio of 15.04. Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is neutral on the stock.
