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Here's How Much a $1000 Investment in Tractor Supply Made 10 Years Ago Would Be Worth Today
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For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in Tractor Supply (TSCO - Free Report) ten years ago? It may not have been easy to hold on to TSCO for all that time, but if you did, how much would your investment be worth today?
Tractor Supply's Business In-Depth
With that in mind, let's take a look at Tractor Supply's main business drivers.
Headquartered in Brentwood, TN, Tractor Supply Company is the largest retail farm and ranch store chain in the United States. The company focuses on recreational farmers and ranchers as well as tradesmen and small businesses. It offers a wide array of merchandise such as livestock, pet and animal products, maintenance products for agricultural and rural use, hardware and tools, lawn and garden power equipment, truck and towing products, and work apparel.
Stores of Tractor Supply are primarily located in rural areas and the suburbs of major cities, which have inside selling space of 15,000–20,000 square feet with a similar area of outside space, used to demonstrate agricultural fencing, livestock equipment and horse stalls. Petsense stores have roughly 5,500 square feet of inside selling space. For Tractor Supply retail locations, the company has a standard design for the new built-to-suit locations, including nearly 15,500 square feet of inside selling space.
Tractor Supply’s broad assortment of products is tailored to meet the regional and geographic needs of its markets. Moreover, the retailer’s full line of product offerings is supported by a strong in-stock inventory position with an average of 16,000–19,500 unique products per store.
Apart from selling nationally recognized branded merchandise, the company also markets an increasing list of products under its “private-label programs.” The latter include Masterhand and Job Smart (tools and tool chests), Dumor and Producers Pride (livestock feed) and Retriever and Paws ‘n Claws (pet foods). Further, the company recently acquired 100% stake in Petsense, to fortify its presence in the pet specialty space.
Tractor Supply operates retail stores under the names Tractor Supply Company, Del’s Feed & Farm Supply, and Petsense as well as operate websites under the names TractorSupply.com and Petsense.com. Its online selling websites are expected to offer expanded assortment of products beyond in-store as well as boost store traffic through buy online, pickup in-store and ship to store programs.
As of Jun 26, 2021, the company operated 1,955 Tractor Supply stores across 49 states and 174 Petsense stores in 23 states.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Tractor Supply ten years ago, you're likely feeling pretty good about your investment today.
A $1000 investment made in August 2011 would be worth $7,295.66, or a 629.57% gain, as of August 20, 2021, according to our calculations. Investors should note that this return excludes dividends but includes price increases.
The S&P 500 rose 292.14% and the price of gold increased -7.41% over the same time frame in comparison.
Analysts are anticipating more upside for TSCO.
Shares of Tractor Supply have outpaced the industry year to date driven by a robust surprise trend. The company’s earnings and sales beat estimates in second-quarter 2021, marking the sixth straight earnings surprise and fifth consecutive sales beat. Results gained from robust comps growth across all regions and key categories on strength in demand for seasonal categories and everyday merchandise such as consumable, usable and edible products. It witnessed record e-commerce sales in the second quarter on the back of mobile app and the Neighbor's Club loyalty program. Management raised its 2021 view. The company’s Life Out Here and ‘ONETractor’ strategies also bode well. However, higher imports, freight, wages, and commodity costs remain concerns. Consequently, it expects gross margin to decline in the second half of 2021.
The stock is up 6.86% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 12 higher, for fiscal 2021. The consensus estimate has moved up as well.
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Here's How Much a $1000 Investment in Tractor Supply Made 10 Years Ago Would Be Worth Today
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in Tractor Supply (TSCO - Free Report) ten years ago? It may not have been easy to hold on to TSCO for all that time, but if you did, how much would your investment be worth today?
Tractor Supply's Business In-Depth
With that in mind, let's take a look at Tractor Supply's main business drivers.
Headquartered in Brentwood, TN, Tractor Supply Company is the largest retail farm and ranch store chain in the United States. The company focuses on recreational farmers and ranchers as well as tradesmen and small businesses. It offers a wide array of merchandise such as livestock, pet and animal products, maintenance products for agricultural and rural use, hardware and tools, lawn and garden power equipment, truck and towing products, and work apparel.
Stores of Tractor Supply are primarily located in rural areas and the suburbs of major cities, which have inside selling space of 15,000–20,000 square feet with a similar area of outside space, used to demonstrate agricultural fencing, livestock equipment and horse stalls. Petsense stores have roughly 5,500 square feet of inside selling space. For Tractor Supply retail locations, the company has a standard design for the new built-to-suit locations, including nearly 15,500 square feet of inside selling space.
Tractor Supply’s broad assortment of products is tailored to meet the regional and geographic needs of its markets. Moreover, the retailer’s full line of product offerings is supported by a strong in-stock inventory position with an average of 16,000–19,500 unique products per store.
Apart from selling nationally recognized branded merchandise, the company also markets an increasing list of products under its “private-label programs.” The latter include Masterhand and Job Smart (tools and tool chests), Dumor and Producers Pride (livestock feed) and Retriever and Paws ‘n Claws (pet foods). Further, the company recently acquired 100% stake in Petsense, to fortify its presence in the pet specialty space.
Tractor Supply operates retail stores under the names Tractor Supply Company, Del’s Feed & Farm Supply, and Petsense as well as operate websites under the names TractorSupply.com and Petsense.com. Its online selling websites are expected to offer expanded assortment of products beyond in-store as well as boost store traffic through buy online, pickup in-store and ship to store programs.
As of Jun 26, 2021, the company operated 1,955 Tractor Supply stores across 49 states and 174 Petsense stores in 23 states.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Tractor Supply ten years ago, you're likely feeling pretty good about your investment today.
A $1000 investment made in August 2011 would be worth $7,295.66, or a 629.57% gain, as of August 20, 2021, according to our calculations. Investors should note that this return excludes dividends but includes price increases.
The S&P 500 rose 292.14% and the price of gold increased -7.41% over the same time frame in comparison.
Analysts are anticipating more upside for TSCO.
Shares of Tractor Supply have outpaced the industry year to date driven by a robust surprise trend. The company’s earnings and sales beat estimates in second-quarter 2021, marking the sixth straight earnings surprise and fifth consecutive sales beat. Results gained from robust comps growth across all regions and key categories on strength in demand for seasonal categories and everyday merchandise such as consumable, usable and edible products. It witnessed record e-commerce sales in the second quarter on the back of mobile app and the Neighbor's Club loyalty program. Management raised its 2021 view. The company’s Life Out Here and ‘ONETractor’ strategies also bode well. However, higher imports, freight, wages, and commodity costs remain concerns. Consequently, it expects gross margin to decline in the second half of 2021.
The stock is up 6.86% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 12 higher, for fiscal 2021. The consensus estimate has moved up as well.