Tractor Supply Company (NASDAQ:TSCO) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Analysts have a consensus “Hold” rating on Tractor Supply, with 13 buy, 13 hold and 2 sell ratings; the average 12-month price target is $39.31.
• Shares opened at $34.72, well below their 52-week high of $62.87. Recent quarterly results slightly missed expectations, with EPS of $0.81 versus $0.82 forecast and revenue of $4.54 billion versus $4.58 billion expected.
• The company declared a quarterly dividend of $0.24 per share, equivalent to a 2.8% annualized yield, while insiders purchased 20,310 shares worth approximately $652,411 over the past three months.

Tractor Supply Company (NASDAQ:TSCO - Get Free Report) has been assigned a consensus recommendation of "Hold" from the twenty-eight analysts that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and thirteen have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $39.3077.

A number of equities research analysts have recently issued reports on TSCO shares. DA Davidson cut their price objective on shares of Tractor Supply from $50.00 to $40.00 and set a "buy" rating for the company in a research note on Monday, June 22nd. Mizuho set a $28.00 target price on shares of Tractor Supply and gave the stock a "neutral" rating in a research report on Friday, July 24th. Robert W. Baird decreased their target price on shares of Tractor Supply from $50.00 to $38.00 and set an "outperform" rating on the stock in a research report on Monday, July 20th. Guggenheim set a $40.00 price target on shares of Tractor Supply and gave the company a "buy" rating in a research report on Friday, July 24th. Finally, UBS Group set a $33.00 price objective on Tractor Supply and gave the stock a "neutral" rating in a report on Tuesday, July 14th.

Tractor Supply Price Performance

Shares of NASDAQ:TSCO opened at $34.72 on Monday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. The firm has a market capitalization of $18.21 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 11.29 and a beta of 0.47. The firm has a fifty day moving average of $32.31 and a 200 day moving average of $37.91. Tractor Supply has a 52-week low of $28.36 and a 52-week high of $62.87.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last released its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by ($0.01). Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The firm had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the previous year, the firm earned $0.81 EPS. The business's quarterly revenue was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, research analysts anticipate that Tractor Supply will post 1.93 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply's dividend payout ratio is 50.00%.

Insider Buying and Selling

In other news, Director Andre J. Hawaux bought 3,150 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average cost of $31.83 per share, with a total value of $100,264.50. Following the completion of the purchase, the director directly owned 3,150 shares in the company, valued at $100,264.50. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CEO Harry A. Lawton III purchased 15,600 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average price of $32.15 per share, with a total value of $501,540.00. Following the completion of the acquisition, the chief executive officer directly owned 15,600 shares in the company, valued at $501,540. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 20,310 shares of company stock valued at $652,411 over the last three months. 0.64% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TSCO. Garner Asset Management Corp bought a new stake in shares of Tractor Supply in the 4th quarter worth approximately $25,000. Elevation Wealth Partners LLC increased its stake in shares of Tractor Supply by 1,253.4% during the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer's stock valued at $25,000 after buying an additional 727 shares during the period. Reflection Asset Management bought a new position in shares of Tractor Supply during the fourth quarter valued at approximately $26,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of Tractor Supply during the second quarter valued at approximately $26,000. Finally, Core Wealth Advisors LLC purchased a new stake in Tractor Supply in the fourth quarter worth $27,000. Hedge funds and other institutional investors own 98.72% of the company's stock.

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.

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