Tractor Supply Company (NASDAQ:TSCO) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Tractor Supply Company (NASDAQ:TSCO) has received a consensus rating of “Moderate Buy” from the twenty-eight analysts that are covering the firm, MarketBeat reports. Fourteen equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $47.1923.

A number of brokerages have issued reports on TSCO. Loop Capital decreased their target price on shares of Tractor Supply from $51.00 to $41.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Robert W. Baird set a $60.00 price objective on Tractor Supply and gave the stock an “outperform” rating in a report on Friday, April 17th. Mizuho reduced their price objective on Tractor Supply from $58.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Evercore lowered their target price on Tractor Supply from $50.00 to $45.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 19th. Finally, Piper Sandler lowered Tractor Supply from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $51.00 to $36.00 in a research report on Tuesday, May 5th.

Tractor Supply Trading Up 0.5%

Shares of NASDAQ TSCO opened at $31.53 on Friday. Tractor Supply has a one year low of $29.42 and a one year high of $63.99. The firm has a market capitalization of $16.54 billion, a PE ratio of 15.46, a PEG ratio of 2.35 and a beta of 0.51. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The business has a 50-day moving average price of $38.48 and a two-hundred day moving average price of $47.54.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The company had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.64 billion. During the same quarter in the prior year, the business posted $0.34 earnings per share. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, analysts predict that Tractor Supply will post 2.14 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be issued a $0.24 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a yield of 3.0%. Tractor Supply’s dividend payout ratio is currently 47.06%.

Institutional Trading of Tractor Supply

A number of institutional investors have recently added to or reduced their stakes in the business. Garner Asset Management Corp acquired a new stake in shares of Tractor Supply in the 4th quarter valued at $25,000. Reflection Asset Management acquired a new position in Tractor Supply during the fourth quarter worth $26,000. Aventura Private Wealth LLC bought a new position in Tractor Supply during the fourth quarter valued at about $27,000. Core Wealth Advisors LLC bought a new position in Tractor Supply during the fourth quarter valued at about $27,000. Finally, Bayban acquired a new stake in shares of Tractor Supply in the fourth quarter worth about $28,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.

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.