Tractor Supply Company ($TSCO) Possible Buy to $79 Confident Investor Rating: Good

Company name Tractor Supply Company
Stock ticker TSCO
Live stock price [stckqut]TSCO[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Fair
EPS growth Good
P/E growth Good
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $77.11
Target stock price (averages with growth) $100.61
Target stock price (averages with no growth) $74.26
Target stock price (manual assumptions) $79.58

The following company description is from Google Finance: http://www.google.com/finance?q=tsco

Tractor Supply Company is an operator of retail farm and ranch stores in the United States. It operates retail stores under the names Tractor Supply Company and Del’s Feed & Farm Supply and operates a Website under the name TractorSupply.com. At December 28, 2013, it operated 1,276 retail farm and ranch stores in 48 states. Its stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Its stores are located in towns outlying major metropolitan markets and in rural communities. It offers a comprehensive selection of merchandise, which include equine, livestock, pet and small animal products, including items necessary for their health, care and growth; hardware, truck, towing and tool products; seasonal products, including lawn and garden items, power equipment, gifts and toys; maintenance products for agricultural and rural use, and work/recreational clothing and footwear.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Tractor Supply Company.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Tractor Supply Company calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

Stock price at the time of the calculation: $63.74

Growth: 0.15

Current EPS (TTM): $2.36

P/E: 27

Future EPS Calc: $4.74

Future Stock Price Calc: $128.16

Target stock price: $79.57

I hope that this makes you a better investor. [/s2If]

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