Arch Coal, Inc. (ACI), Canadian National Railway (CNI), Corning Inc. (GLW), Tractor Supply Co. (TSCO) and Harry Winston Diamond (HWD) had ratings and price targets on them adjusted by analysts.
Johnson Rice downgraded Arch Coal, Inc. (ACI) from an "Overweight" rating to an "Equal Weight" rating.
Raymond James (NYSE: RJF) initiated coverage on Canadian National Railway (CNI). They placed a "Market Perform" rating on the company.
JPMorgan Chase (NYSE: JPM) upgraded Corning Inc. (GLW) from an "Underweight" rating to a "Neutral" rating.
Stephens initiated coverage on Tractor Supply Co. (TSCO). They placed an "Overweight" rating on the company.
Desjardins upgraded Harry Winston Diamond (HWD) from a "Hold" rating to a "Buy" rating.
Showing posts with label Tractor Supply. Show all posts
Showing posts with label Tractor Supply. Show all posts
Friday, June 22, 2012
Tuesday, October 18, 2011
SanDisk (SNDK) (SNH) (SYNA) (TSCO) Ratings Reiterated
SanDisk Co. (NASDAQ: SNDK), Senior Housing (NYSE: SNH), Synaptics (NASDAQ: SYNA) and Tractor Supply Co. (NASDAQ: TSCO) had ratings on them reiterated by analysts.
Sterne Agee reiterated its "Buy" rating on SanDisk Co. (SNDK). They have a price target of $65.00 on the company.
Jefferies (NYSE:JEF) reiterated its "Buy" rating on Senior Housing (SNH).
Sterne Agee reiterated its "Neutral" rating on Synaptics (SYNA). They have a price target of $29.00 on the company.
Piper Jaffray (NYSE:PJC) reiterated its "Overweight" rating on Tractor Supply Co. (TSCO).
Sterne Agee reiterated its "Buy" rating on SanDisk Co. (SNDK). They have a price target of $65.00 on the company.
Jefferies (NYSE:JEF) reiterated its "Buy" rating on Senior Housing (SNH).
Sterne Agee reiterated its "Neutral" rating on Synaptics (SYNA). They have a price target of $29.00 on the company.
Piper Jaffray (NYSE:PJC) reiterated its "Overweight" rating on Tractor Supply Co. (TSCO).
Thursday, December 2, 2010
Tractor Supply (NASDAQ:TSCO) Has Price Target Raised by FBR
FBR Capital raised their price target on Tractor Supply Company (NASDAQ:TSCO) while maintaining an "Underperform" rating on them.
FBR said, "We adjust our 2010E EPS estimate for TSCO to $2.18 from $2.16, and this compares with updated management guidance of $2.16–$2.19. We adjust our 2011E EPS estimate to $2.45 from $2.33, and this compares with the Street consensus estimate of $2.41 (we expect that the Street mean will go up for 2011E as well). We set our 2012E EPS estimate at $2.70 versus the Street estimate of $2.69."
Tractor Supply is trading at $44.96, gaining $1.17, or 2.67 percent as of 12:00 PM EST. FBR has a price target of $35 on them, raising it from $31.
FBR said, "We adjust our 2010E EPS estimate for TSCO to $2.18 from $2.16, and this compares with updated management guidance of $2.16–$2.19. We adjust our 2011E EPS estimate to $2.45 from $2.33, and this compares with the Street consensus estimate of $2.41 (we expect that the Street mean will go up for 2011E as well). We set our 2012E EPS estimate at $2.70 versus the Street estimate of $2.69."
Tractor Supply is trading at $44.96, gaining $1.17, or 2.67 percent as of 12:00 PM EST. FBR has a price target of $35 on them, raising it from $31.
Thursday, October 21, 2010
Tractor Supply (Nasdaq:TSCO) Earnings Estimate Lowered by FBR Capital
After earnings results released from Tractor Supply (Nasdaq:TSCO), FBR Capital was underwhelmed with them, maintaining their "Underperform" on the company and lowering their earnings per share.
That is interesting because of the fairly strong quarter for Tractor Supply, who recorded an increase in sales of 46 percent, exceeding expectations.
FBR said, "What seemed to prevent an upward preannouncement of the quarter was a $0.045 beneficial swing from a LIFO credit for the period, which rendered EPS generally in line with expectations. Same-store sales were up 5% for the period, compared with our 5.5% estimate. October trends to date (first month of 4Q10E) are "comping nicely" versus the cool weather trends, which helped this time last year. Implied same-store sales guidance is 2%–4% for 4Q10E.
"We adjust our 2010E EPS estimate to $2.16 from $2.20; this compares with the former (pre 3Q) Street estimate of $2.08. For 2011E, we adjust our EPS estimate to $2.33 from $2.47, which is below the current Street mean estimate of $2.36."
Tractor Supply was trading at $37.17, down $0.82, or 2.16 percent at 12:57 PM EDT. FBR has a price target of $31 on them, raising it from $30 a share.
That is interesting because of the fairly strong quarter for Tractor Supply, who recorded an increase in sales of 46 percent, exceeding expectations.
FBR said, "What seemed to prevent an upward preannouncement of the quarter was a $0.045 beneficial swing from a LIFO credit for the period, which rendered EPS generally in line with expectations. Same-store sales were up 5% for the period, compared with our 5.5% estimate. October trends to date (first month of 4Q10E) are "comping nicely" versus the cool weather trends, which helped this time last year. Implied same-store sales guidance is 2%–4% for 4Q10E.
"We adjust our 2010E EPS estimate to $2.16 from $2.20; this compares with the former (pre 3Q) Street estimate of $2.08. For 2011E, we adjust our EPS estimate to $2.33 from $2.47, which is below the current Street mean estimate of $2.36."
Tractor Supply was trading at $37.17, down $0.82, or 2.16 percent at 12:57 PM EDT. FBR has a price target of $31 on them, raising it from $30 a share.
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