Equities analysts expect Tractor Supply (NASDAQ:TSCO) to report earnings per share of $0.58 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Tractor Supply’s earnings. The highest EPS estimate is $0.62 and the lowest is $0.46. Tractor Supply posted earnings of $0.46 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 26.1%. The business is scheduled to report its next quarterly earnings report before the market opens on Thursday, April 26th.

On average, analysts expect that Tractor Supply will report full-year earnings of $4.05 per share for the current financial year, with EPS estimates ranging from $3.33 to $4.19. For the next year, analysts anticipate that the business will report earnings of $4.47 per share, with EPS estimates ranging from $4.28 to $4.61. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that cover Tractor Supply.

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Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Wednesday, January 31st. The specialty retailer reported $0.91 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.04. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.93 billion. Tractor Supply had a return on equity of 30.81% and a net margin of 5.82%. The firm’s revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.94 EPS.

TSCO has been the subject of a number of recent research reports. Oppenheimer restated a “hold” rating on shares of Tractor Supply in a research note on Thursday, February 1st. Zacks Investment Research lowered Tractor Supply from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Telsey Advisory Group lowered Tractor Supply from an “outperform” rating to a “market perform” rating and boosted their price target for the stock from $62.00 to $83.00 in a research report on Thursday, January 25th. They noted that the move was a valuation call. BidaskClub lowered Tractor Supply from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 25th. Finally, Wolfe Research upgraded Tractor Supply from a “market perform” rating to an “outperform” rating in a research report on Wednesday, December 20th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $74.16.

In related news, Director Edna Morris sold 1,054 shares of the company’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $67.07, for a total transaction of $70,691.78. Following the transaction, the director now directly owns 10,949 shares of the company’s stock, valued at $734,349.43. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.60% of the company’s stock.

A number of hedge funds have recently modified their holdings of TSCO. Calton & Associates Inc. acquired a new position in Tractor Supply in the 4th quarter worth about $109,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Tractor Supply in the 4th quarter worth about $187,000. Kennedy Capital Management Inc. acquired a new position in Tractor Supply in the 4th quarter worth about $204,000. Advisor Partners LLC acquired a new position in Tractor Supply in the 4th quarter worth about $207,000. Finally, Kelman Lazarov Inc. acquired a new position in Tractor Supply in the 4th quarter worth about $209,000. 84.10% of the stock is currently owned by institutional investors.

TSCO traded down $0.87 during trading on Thursday, reaching $58.90. 694,982 shares of the company were exchanged, compared to its average volume of 1,938,783. The company has a market cap of $7,224.50, a P/E ratio of 17.69, a PEG ratio of 1.09 and a beta of 1.28. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.95 and a quick ratio of 0.24. Tractor Supply has a 52 week low of $49.87 and a 52 week high of $82.68.

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About Tractor Supply

Tractor Supply Co engages in the retail sale of farm and ranch products. It operates retail farm and ranch stores and focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. The company operates its retail stores under the names: Tractor Supply Company, Del’s Feed & Farm Supply, and Petsense.

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Earnings History and Estimates for Tractor Supply (NASDAQ:TSCO)

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