Telsey Advisory Group Reiterates Outperform Rating for Tractor Supply (NASDAQ:TSCO)

Key Points

• Telsey Advisory Group has reiterated an "outperform" rating for Tractor Supply (TSCO) with a target price of $70.00, indicating a potential upside of 26.90% from the stock's previous close.
• Tractor Supply's latest quarterly earnings showed a net margin of 7.18% and earnings per share (EPS) of $0.81, surpassing consensus estimates.
• Analyst ratings for Tractor Supply are favorable, with twelve analysts giving a Buy rating and a consensus price target of $62.45, reflecting strong market support for the stock.

Tractor Supply (NASDAQ:TSCO - Get Free Report)'s stock had its "outperform" rating reiterated by equities researchers at Telsey Advisory Group in a research report issued on Friday,Benzinga reports. They presently have a $70.00 target price on the specialty retailer's stock. Telsey Advisory Group's target price points to a potential upside of 26.90% from the stock's previous close.

TSCO has been the topic of several other research reports. UBS Group upped their price target on shares of Tractor Supply from $54.00 to $61.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. Raymond James Financial reiterated an "outperform" rating and issued a $65.00 price target (up from $57.00) on shares of Tractor Supply in a research report on Friday, July 25th. Truist Financial increased their price target on shares of Tractor Supply from $60.00 to $66.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Wall Street Zen raised Tractor Supply from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, Citigroup raised Tractor Supply from a "neutral" rating to a "buy" rating and increased their target price for the stock from $60.00 to $62.00 in a research note on Thursday, October 9th. Fifteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $62.45.

Tractor Supply Trading Down 1.2%

Shares of Tractor Supply stock opened at $55.16 on Friday. The firm has a market capitalization of $29.23 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 2.86 and a beta of 0.73. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 0.16. The company's fifty day moving average price is $58.72 and its two-hundred day moving average price is $54.95. Tractor Supply has a 52-week low of $46.85 and a 52-week high of $63.99.

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

Insider Transactions at Tractor Supply

In other news, EVP Colin Yankee sold 6,680 shares of Tractor Supply stock in a transaction on Monday, July 28th. The stock was sold at an average price of $58.40, for a total transaction of $390,112.00. Following the completion of the sale, the executive vice president owned 40,142 shares of the company's stock, valued at approximately $2,344,292.80. This trade represents a 14.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Denise L. Jackson sold 1,165 shares of Tractor Supply stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $58.50, for a total value of $68,152.50. Following the sale, the director directly owned 31,123 shares of the company's stock, valued at $1,820,695.50. This represents a 3.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 103,045 shares of company stock worth $6,547,257 over the last ninety days. Corporate insiders own 0.65% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GW&K Investment Management LLC raised its stake in Tractor Supply by 89.3% in the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Delos Wealth Advisors LLC acquired a new position in Tractor Supply during the second quarter worth about $26,000. Opal Wealth Advisors LLC acquired a new position in Tractor Supply during the second quarter worth about $35,000. Financial Gravity Asset Management Inc. acquired a new position in Tractor Supply during the first quarter worth about $39,000. Finally, Financial Gravity Companies Inc. acquired a new position in Tractor Supply during the second quarter worth about $38,000. Institutional investors and hedge funds own 98.72% of the company's stock.

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.

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