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27.05.2020, 06:30

Tractor Supply, Disney and Domino’s Pizza Are Expected to Gain on “Record-Breaking” Sales and Earnings

Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, has been passionate about serving its unique niche, as a one-stop shop for recreational farmers, ranchers and all those who enjoy living the rural lifestyle, for more than 80 years. Shares of Tractor Supply Co. TSCO, -0.57% rose more than 5% in the extended session on Tuesday after the company said it expects "record-breaking sales and earnings" for its second quarter. That jump in sales is across channels, product categories, and geographic regions, the company said, with online buying experiencing "substantial growth." Tractor Supply forecast sales growth between 24% and 29% and same-store growth between 20% and 25%. Gross profit "continues to be strong with gross margin expansion anticipated for the second quarter," it said. Second-quarter operating expenses related to the coronavirus pandemic are estimated to be at the high end of the company's previous guidance range of between $30 million and $50 million, Tractor Supply said. Per-share earnings were seen in a range between $2.45 and $2.65. The company is slated to report second-quarter earnings on July 23. The outlook "demonstrates the potential for Tractor Supply to emerge stronger than before as we continue to gain market share and build our business for the future," Chief Executive Hal Lawton said in a statement. Tractor Supply ended the regular trading day down 0.6%. 

The 24 analysts offering 12-month price forecasts for Tractor Supply Co have a median target of 105.00, with a high estimate of 120.00 and a low estimate of 90.00. The median estimate represents a -5.60% decrease from the last price of 111.23. Tractor Supply said it expects “record-breaking” sales and earnings, as well as comparable-store sales growth of 20% to 25%. The company’s stock is up 46% since March 16 and has been the best-performing retailer in the S&P 500 during that time. The company plans on rolling out new technology and services while capitalizing on its product categories and convenient shopping format.

Disney — The entertainment giant’s stock climbed 1% in extended trading after the company announced that Walt Disney World Resort executives will submit a reopening proposal on Wednesday to the Orange County Economic Recovery Task Force in Florida. The proposal plans for a phased reopening of the resort’s theme parks, according to a company statement. 

The price forecasts for Walt Disney Co 24 analysts offering 12-month have a median target of 120.00, with a high estimate of 175.00 and a low estimate of 96.00. The median estimate represents a -0.78% decrease from the last price of 120.94.

Domino’s Pizza — The pizza chain’s stock climbed 1% in extended trading after the company released preliminary second-quarter results. Domino’s said that US sales results accelerated over weeks five through eight of the second quarter and were up 20.9% compared to the same period last year. However, Domino’s said its international sales results “continue to be choppy,” according to a company statement.

The 25 analysts offering 12-month price forecasts for Domino's Pizza Inc have a median target of 400.00, with a high estimate of 430.00 and a low estimate of 308.00. The median estimate represents a +11.06% increase from the last price of 360.16. Based on our forecasts, a long-term increase is expected, the "DPZ" stock price prognosis for 2025-05-21 is 586.481 USD. With a 5-year investment, the revenue is expected to be around +62.84%. Your current $100 investment may be up to $162.84 in 2025.


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