Tractor Supply’s (TSCO) Buy Rating Reiterated at Guggenheim

Guggenheim restated their buy rating on shares of Tractor Supply (NASDAQ:TSCO) in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has a $65.00 target price on the specialty retailer’s stock.

Several other research firms have also issued reports on TSCO. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $70.00 target price on shares of Tractor Supply in a report on Thursday, October 23rd. Morgan Stanley upgraded Tractor Supply from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $50.00 to $60.00 in a report on Friday, October 24th. Citigroup restated a “buy” rating and issued a $61.00 price objective (down previously from $66.00) on shares of Tractor Supply in a research note on Friday, January 16th. UBS Group set a $57.00 target price on Tractor Supply and gave the company a “neutral” rating in a research report on Friday, January 16th. Finally, DA Davidson set a $70.00 target price on Tractor Supply in a research note on Friday, October 24th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $62.81.

Tractor Supply Stock Up 2.4%

TSCO opened at $54.69 on Thursday. Tractor Supply has a fifty-two week low of $46.85 and a fifty-two week high of $63.99. The firm has a market capitalization of $28.90 billion, a P/E ratio of 26.29, a PEG ratio of 2.56 and a beta of 0.74. The company’s 50-day moving average is $52.24 and its 200 day moving average is $55.80. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.30 and a quick ratio of 0.14.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Thursday, October 23rd. The specialty retailer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.18%. The business had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.72 billion. During the same period in the prior year, the firm posted $0.45 EPS. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. Research analysts expect that Tractor Supply will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were paid a dividend of $0.23 per share. The ex-dividend date was Monday, November 24th. This represents a $0.92 annualized dividend and a dividend yield of 1.7%. Tractor Supply’s dividend payout ratio is presently 44.23%.

Institutional Investors Weigh In On Tractor Supply

Several institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC increased its stake in shares of Tractor Supply by 8.0% in the fourth quarter. Farther Finance Advisors LLC now owns 32,136 shares of the specialty retailer’s stock worth $1,607,000 after purchasing an additional 2,373 shares in the last quarter. Guidance Capital Inc. lifted its stake in shares of Tractor Supply by 3.9% during the 4th quarter. Guidance Capital Inc. now owns 20,031 shares of the specialty retailer’s stock valued at $1,070,000 after buying an additional 746 shares in the last quarter. Lester Murray Antman dba SimplyRich boosted its holdings in Tractor Supply by 39.6% in the 4th quarter. Lester Murray Antman dba SimplyRich now owns 6,686 shares of the specialty retailer’s stock worth $334,000 after buying an additional 1,898 shares during the period. Freestone Capital Holdings LLC grew its stake in Tractor Supply by 4.8% in the 4th quarter. Freestone Capital Holdings LLC now owns 68,715 shares of the specialty retailer’s stock valued at $3,436,000 after buying an additional 3,175 shares in the last quarter. Finally, Tyche Wealth Partners LLC purchased a new position in Tractor Supply in the 4th quarter valued at approximately $502,000. 98.72% of the stock is owned by hedge funds and other institutional investors.

Tractor Supply News Roundup

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $70 price target (roughly +28% upside vs. current levels), providing a strong analyst endorsement that can support buying interest. Telsey Advisory Group reaffirmation
• Positive Sentiment: Guggenheim reaffirmed a “buy” rating with a $65 target, another upbeat analyst signal that may help sustain the rally. Guggenheim rating
• Positive Sentiment: Local and national reports show Tractor Supply store traffic surged ahead of a major winter storm, implying a near-term boost to C.U.E. (cold-weather, urgent essentials) sales and inventories. This weather-driven demand is a tangible short-term revenue upside. Tractor Supply traffic soars ahead of massive winter storm
• Positive Sentiment: Tractor Supply proposed a new store in Plymouth Township, showing continued footprint expansion that supports longer-term comps and revenue growth. Tractor Supply plans new Plymouth Township location
• Positive Sentiment: Zacks preview argues TSCO heads into Q4 with expected revenue and EPS growth (helped by C.U.E. demand, winter weather upside and loyalty-driven traffic), and suggests accumulation ahead of earnings. That view can encourage buyers before the print. Tractor Supply Q4 Earnings on the Horizon: Time to Accumulate Shares?
• Neutral Sentiment: Zacks also published an expectations piece noting Wall Street expects earnings growth next week but says TSCO may lack the ideal setup for a clear beat — useful positioning information but not a single directional catalyst. Tractor Supply (TSCO) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Seeking Alpha argues that while the business is better than expected, the current valuation makes TSCO less attractive — a view that can cap upside and encourage profit-taking. Tractor Supply: A Better Business Than I Expected, But Not At This Price
• Negative Sentiment: TD Cowen issued a pessimistic forecast for TSCO, highlighting downside risk that may weigh on sentiment if negative headlines or a soft earnings print appear. TD Cowen Issues Pessimistic Forecast for Tractor Supply (NASDAQ:TSCO) Stock Price

About Tractor Supply

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.