Tractor Supply Company (TSCO) – What Are Researchers Saying About This Stock?

Shares of Tractor Supply Company (NASDAQ:TSCO) have received an average recommendation of “Hold” from the twenty-eight brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $39.00.

A number of brokerages have commented on TSCO. Citigroup reiterated a “buy” rating and set a $38.00 price target (up from $37.00) on shares of Tractor Supply in a research report on Tuesday, October 13th. Truist Financial set a $33.00 price objective on shares of Tractor Supply and gave the stock a “hold” rating in a report on Monday. Zacks Research raised shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Guggenheim set a $40.00 price objective on shares of Tractor Supply and gave the company a “buy” rating in a research note on Friday, July 24th. Finally, Evercore reaffirmed an “outperform” rating and set a $40.00 target price on shares of Tractor Supply in a report on Tuesday, July 7th.

Insider Buying and Selling at Tractor Supply

In related news, Director Edna Morris acquired 1,560 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were purchased at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the acquisition, the director owned 279,720 shares in the company, valued at approximately $9,074,116.80. This represents a 0.56% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Andre J. Hawaux bought 3,150 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average price of $31.83 per share, with a total value of $100,264.50. Following the completion of the acquisition, the director directly owned 3,150 shares in the company, valued at $100,264.50. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 20,310 shares of company stock worth $652,411 over the last three months. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Tractor Supply

A number of large investors have recently bought and sold shares of TSCO. Reflection Asset Management purchased a new position in shares of Tractor Supply in the fourth quarter worth $26,000. Bayban bought a new stake in Tractor Supply during the 4th quarter valued at $28,000. Elevation Wealth Partners LLC boosted its position in Tractor Supply by 1,253.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 727 shares during the period. Comprehensive Financial Planning Inc. PA purchased a new stake in Tractor Supply during the 2nd quarter valued at $26,000. Finally, Community Financial Services Group LLC grew its holdings in Tractor Supply by 3,240.0% in the 2nd quarter. Community Financial Services Group LLC now owns 835 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 810 shares during the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Tractor Supply Price Performance

TSCO opened at $32.81 on Tuesday. The stock has a 50-day moving average price of $33.71 and a 200-day moving average price of $33.63. Tractor Supply has a 12-month low of $28.36 and a 12-month high of $58.21. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $17.21 billion, a P/E ratio of 17.09, a PEG ratio of 2.14 and a beta of 0.52.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The firm had revenue of $4.54 billion for the quarter, compared to analysts’ expectations of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Equities analysts predict that Tractor Supply will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were paid a $0.24 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $0.96 annualized dividend and a yield of 2.9%. Tractor Supply’s payout ratio is currently 50.00%.

About Tractor Supply

Tractor Supply Company (NASDAQ:TSCO) is a specialty retailer serving the needs of farmers, ranchers, hobby farmers, pet owners, gardeners and other rural lifestyle customers. The company operates under the Tractor Supply banner and focuses on products that support everyday rural living, land maintenance and animal care.

Its merchandise includes livestock and pet feed, animal health and care products, fencing, hardware, tools, power equipment, lawn and garden supplies, work clothing, footwear, automotive products and seasonal goods.