Brokerages Set Tractor Supply Company (NASDAQ:TSCO) Price Target at $44.62

Shares of Tractor Supply Company (NASDAQ:TSCO) have been assigned an average rating of “Hold” from the twenty-eight research firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and thirteen have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $41.7308.

A number of research analysts have weighed in on TSCO shares. Citigroup reiterated a “buy” rating on shares of Tractor Supply in a research report on Thursday. Barclays set a $35.00 price objective on shares of Tractor Supply and gave the stock an “equal weight” rating in a research note on Monday, July 13th. Gordon Haskett boosted their target price on Tractor Supply from $40.00 to $50.00 in a research report on Friday, June 12th. Jefferies Financial Group restated a “buy” rating and set a $51.00 target price on shares of Tractor Supply in a research report on Tuesday, April 21st. Finally, Stephens cut their target price on Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 22nd.

Tractor Supply Stock Performance

NASDAQ TSCO opened at $30.51 on Friday. The company has a market cap of $16.00 billion, a P/E ratio of 14.96, a P/E/G ratio of 2.32 and a beta of 0.46. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. The business’s 50 day moving average price is $30.65 and its 200-day moving average price is $41.94. Tractor Supply has a fifty-two week low of $28.36 and a fifty-two week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Sell-side analysts predict that Tractor Supply will post 2.08 earnings per share for the current year.

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were issued a dividend of $0.24 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a yield of 3.1%. Tractor Supply’s payout ratio is presently 47.06%.

Institutional Trading of Tractor Supply

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Garner Asset Management Corp purchased a new stake in shares of Tractor Supply during the fourth quarter valued at $25,000. Elevation Wealth Partners LLC increased its stake in Tractor Supply by 1,253.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock worth $25,000 after buying an additional 727 shares during the period. Reflection Asset Management purchased a new position in Tractor Supply in the 4th quarter worth about $26,000. Aventura Private Wealth LLC purchased a new position in Tractor Supply in the 4th quarter worth about $27,000. Finally, Core Wealth Advisors LLC bought a new stake in Tractor Supply during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply Company Profile

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.