DA Davidson Issues Positive Forecast for Tractor Supply (NASDAQ:TSCO) Stock Price

Key Points

• DA Davidson has increased its price target for Tractor Supply from $65.00 to $70.00, suggesting an 18.03% potential upside for the stock.
• A total of twelve analysts have rated Tractor Supply as a "buy," while only one has given it a "sell" rating, contributing to an overall rating of "Moderate Buy."
• Tractor Supply reported earnings of $0.81 per share for the last quarter, exceeding analyst expectations of $0.80, and showed a 4.5% year-over-year revenue growth.
• Insider activity included significant stock sales, with senior vice president Matthew L. Rubin and director Denise L. Jackson reducing their holdings in recent transactions.

Tractor Supply (NASDAQ:TSCO - Free Report) had its price target hoisted by DA Davidson from $65.00 to $70.00 in a research note published on Friday,Benzinga reports. DA Davidson currently has a buy rating on the specialty retailer's stock. DA Davidson also issued estimates for Tractor Supply's Q3 2025 earnings at $0.50 EPS.

Several other equities research analysts have also commented on TSCO. Mizuho reduced their price target on shares of Tractor Supply from $62.00 to $58.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Piper Sandler increased their price target on shares of Tractor Supply from $66.00 to $67.00 and gave the stock an "overweight" rating in a research report on Friday. Stephens assumed coverage on Tractor Supply in a research note on Wednesday, April 9th. They issued an "equal weight" rating and a $56.00 price objective for the company. Guggenheim lowered their target price on Tractor Supply from $60.00 to $55.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Finally, Wells Fargo & Company boosted their price target on Tractor Supply from $63.00 to $65.00 and gave the company an "overweight" rating in a report on Friday. Nine investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat, Tractor Supply has an average rating of "Moderate Buy" and an average target price of $61.80.

Tractor Supply Stock Performance

TSCO stock traded down $1.22 on Friday, hitting $58.11. The company had a trading volume of 7,981,485 shares, compared to its average volume of 6,011,074. The company has a current ratio of 1.28, a quick ratio of 0.16 and a debt-to-equity ratio of 0.68. Tractor Supply has a 12-month low of $46.85 and a 12-month high of $63.99. The stock has a market cap of $30.81 billion, a price-to-earnings ratio of 28.51, a P/E/G ratio of 3.06 and a beta of 0.75. The stock's 50-day simple moving average is $53.37 and its 200 day simple moving average is $53.40.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%. Tractor Supply's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.93 earnings per share. As a group, equities research analysts expect that Tractor Supply will post 2.17 earnings per share for the current fiscal year.

Tractor Supply Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 28th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend was Wednesday, May 28th. Tractor Supply's dividend payout ratio is currently 45.10%.

Insider Activity at Tractor Supply

In related news, SVP Matthew L. Rubin sold 2,810 shares of Tractor Supply stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $51.76, for a total transaction of $145,445.60. Following the completion of the transaction, the senior vice president directly owned 29,722 shares of the company's stock, valued at approximately $1,538,410.72. The trade was a 8.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Denise L. Jackson sold 1,165 shares of the company's stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $58.50, for a total transaction of $68,152.50. Following the transaction, the director owned 31,123 shares in the company, valued at $1,820,695.50. The trade was a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 200,810 shares of company stock worth $11,826,886 in the last ninety days. Corporate insiders own 0.65% of the company's stock.

Institutional Trading of Tractor Supply

Several institutional investors have recently added to or reduced their stakes in the company. Coppell Advisory Solutions LLC lifted its stake in shares of Tractor Supply by 944.4% during the 4th quarter. Coppell Advisory Solutions LLC now owns 470 shares of the specialty retailer's stock worth $25,000 after acquiring an additional 425 shares during the last quarter. GW&K Investment Management LLC lifted its position in shares of 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 purchasing an additional 226 shares during the last quarter. Dunhill Financial LLC boosted its stake in shares of Tractor Supply by 325.8% during the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 391 shares during the period. Pacific Center for Financial Services boosted its stake in shares of Tractor Supply by 400.0% during the fourth quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock valued at $29,000 after purchasing an additional 440 shares during the period. Finally, LRI Investments LLC grew its holdings in shares of Tractor Supply by 400.0% in the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 492 shares during the last quarter. Institutional investors own 98.72% of the company's stock.

Tractor Supply Company Profile

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.