Tractor Supply (NASDAQ:TSCO) CFO Kurt D. Barton sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $154.00, for a total value of $3,850,000.00. Following the transaction, the chief financial officer now directly owns 67,931 shares in the company, valued at approximately $10,461,374. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

NASDAQ:TSCO opened at $153.09 on Friday. The stock has a fifty day moving average price of $143.12 and a 200-day moving average price of $127.19. The company has a market cap of $17.79 billion, a price-to-earnings ratio of 26.21, a PEG ratio of 1.90 and a beta of 1.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.62 and a current ratio of 1.40. Tractor Supply has a fifty-two week low of $63.89 and a fifty-two week high of $157.07.

Tractor Supply (NASDAQ:TSCO) last released its earnings results on Thursday, July 23rd. The specialty retailer reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.62 by $0.28. The firm had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.01 billion. Tractor Supply had a return on equity of 45.25% and a net margin of 7.40%. The company’s revenue was up 34.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.80 EPS. Research analysts predict that Tractor Supply will post 6.29 EPS for the current fiscal year.

Large investors have recently added to or reduced their stakes in the company. Sterling Investment Advisors Ltd. bought a new stake in shares of Tractor Supply during the 2nd quarter valued at $25,000. Creative Financial Designs Inc. ADV bought a new stake in shares of Tractor Supply during the 2nd quarter worth $26,000. Truewealth LLC lifted its position in shares of Tractor Supply by 92.0% during the 2nd quarter. Truewealth LLC now owns 240 shares of the specialty retailer’s stock worth $32,000 after buying an additional 115 shares during the last quarter. Norway Savings Bank bought a new stake in shares of Tractor Supply during the 3rd quarter worth $43,000. Finally, Anderson Fisher LLC bought a new stake in shares of Tractor Supply during the 2nd quarter worth $41,000. Hedge funds and other institutional investors own 84.91% of the company’s stock.

Several research analysts have weighed in on the company. BNP Paribas initiated coverage on Tractor Supply in a research report on Monday, October 5th. They set a “neutral” rating and a $133.00 price target on the stock. Stephens boosted their target price on Tractor Supply from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Robert W. Baird boosted their target price on Tractor Supply from $130.00 to $162.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Royal Bank of Canada boosted their target price on Tractor Supply from $138.00 to $162.00 in a report on Friday, July 24th. Finally, Loop Capital boosted their target price on Tractor Supply from $120.00 to $150.00 in a report on Friday, July 24th. Twenty-one investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $136.74.

Tractor Supply Company Profile

Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use.

Featured Story: Understanding Relative Strength Index

Insider Buying and Selling by Quarter for Tractor Supply (NASDAQ:TSCO)

Receive News & Ratings for Tractor Supply Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tractor Supply and related companies with MarketBeat.com's FREE daily email newsletter.