Tractor Supply Company (NASDAQ:TSCO) Receives $62.45 Average Price Target from Brokerages

Shares of Tractor Supply Company (NASDAQ:TSCO) have been assigned an average rating of “Moderate Buy” from the twenty-two ratings firms that are presently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $62.45.

Several research firms have recently weighed in on TSCO. Evercore ISI reduced their target price on shares of Tractor Supply from $65.00 to $60.00 and set an “in-line” rating for the company in a research note on Tuesday, October 7th. Citigroup upgraded shares of Tractor Supply from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $60.00 to $62.00 in a research note on Thursday, October 9th. Wells Fargo & Company boosted their target price on shares of Tractor Supply from $63.00 to $65.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Tractor Supply in a report on Wednesday, October 8th. Finally, UBS Group boosted their price objective on Tractor Supply from $54.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, July 25th.

Tractor Supply Price Performance

Shares of NASDAQ:TSCO opened at $55.48 on Friday. The company’s 50-day moving average is $58.90 and its 200 day moving average is $54.95. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The company has a market capitalization of $29.40 billion, a P/E ratio of 27.22, a price-to-earnings-growth ratio of 2.81 and a beta of 0.73. Tractor Supply has a fifty-two week low of $46.85 and a fifty-two week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. On average, equities research analysts forecast that Tractor Supply will post 2.17 earnings per share for the current year.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were given a dividend of $0.23 per share. The ex-dividend date was Monday, August 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.7%. Tractor Supply’s dividend payout ratio is currently 45.10%.

Insider Activity

In related news, SVP Noni L. Ellison sold 5,200 shares of the company’s stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the sale, the senior vice president owned 28,639 shares of the company’s stock, valued at approximately $1,831,750.44. This represents a 15.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Denise L. Jackson sold 1,165 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total transaction of $68,152.50. Following the completion of the sale, the director owned 31,123 shares in the company, valued at $1,820,695.50. This represents a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 103,045 shares of company stock worth $6,547,257 in the last three months. Insiders own 0.65% of the company’s stock.

Hedge Funds Weigh In On Tractor Supply

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GW&K Investment Management LLC grew its position in Tractor Supply by 89.3% during the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer’s stock worth $26,000 after buying an additional 226 shares in the last quarter. Delos Wealth Advisors LLC bought a new position in shares of Tractor Supply in the second quarter worth approximately $26,000. Opal Wealth Advisors LLC bought a new position in shares of Tractor Supply in the second quarter worth approximately $35,000. Financial Gravity Companies Inc. bought a new position in shares of Tractor Supply in the second quarter worth approximately $38,000. Finally, Financial Gravity Asset Management Inc. bought a new position in shares of Tractor Supply in the first quarter worth approximately $39,000. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

About Tractor Supply

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.