Tractor Supply Company (NASDAQ:TSCO) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Tractor Supply Company (NASDAQ: TSCO) has received a consensus recommendation of "Moderate Buy" from 22 research firms, with a target price averaging $62.45.
• The company reported earnings of $0.81 per share, exceeding analysts' expectations, and had quarterly revenue of $4.44 billion, up 4.5% year-over-year.
• Tractor Supply recently declared a quarterly dividend of $0.23 per share, representing an annual yield of 1.7% and a dividend payout ratio of 45.10%.

Tractor Supply Company (NASDAQ:TSCO - Get Free Report) has received an average recommendation of "Moderate Buy" from the twenty-two research firms that are presently covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $62.45.

A number of research analysts recently issued reports on TSCO shares. Bank of America upgraded shares of Tractor Supply from an "underperform" rating to a "buy" rating and set a $70.00 target price on the stock in a research report on Thursday, July 24th. DA Davidson boosted their target price on shares of Tractor Supply from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Telsey Advisory Group set a $70.00 target price on shares of Tractor Supply in a research report on Friday, July 25th. Truist Financial upped their price objective on shares of Tractor Supply from $60.00 to $66.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, Evercore ISI lowered their price objective on shares of Tractor Supply from $65.00 to $60.00 and set an "in-line" rating on the stock in a report on Tuesday.

Tractor Supply Stock Up 0.6%

Shares of NASDAQ TSCO opened at $54.22 on Friday. The company has a market capitalization of $28.73 billion, a P/E ratio of 26.60, a price-to-earnings-growth ratio of 2.76 and a beta of 0.73. Tractor Supply has a 52-week low of $46.85 and a 52-week high of $63.99. 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's 50 day moving average price is $59.15 and its 200-day moving average price is $54.91.

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

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were issued a dividend of $0.23 per share. The ex-dividend date was Monday, August 25th. This represents a $0.92 annualized dividend and a yield of 1.7%. Tractor Supply's dividend payout ratio is presently 45.10%.

Insider Buying and Selling at Tractor Supply

In other news, Director Denise L. Jackson sold 1,165 shares of the company's stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total value 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Colin Yankee sold 6,680 shares of the company's 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. The trade was a 14.27% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 103,045 shares of company stock worth $6,547,257. Corporate insiders own 0.65% of the company's stock.

Institutional Trading of Tractor Supply

Several institutional investors have recently made changes to their positions in the company. 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 valued at $26,000 after buying an additional 226 shares during the period. Delos Wealth Advisors LLC bought a new position in Tractor Supply during the second quarter valued at about $26,000. Opal Wealth Advisors LLC bought a new position in Tractor Supply during the second quarter valued at about $35,000. Financial Gravity Companies Inc. bought a new position in Tractor Supply during the second quarter valued at about $38,000. Finally, Financial Gravity Asset Management Inc. bought a new position in Tractor Supply during the first quarter valued at about $39,000. Institutional investors 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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