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

Tractor Supply (NASDAQ:TSCO)‘s stock had its “outperform” rating reiterated by research analysts at Telsey Advisory Group in a report released on Thursday, Marketbeat.com reports. They presently have a $275.00 price objective on the specialty retailer’s stock. Telsey Advisory Group’s price objective would suggest a potential upside of 0.40% from the stock’s current price. Telsey Advisory Group also issued estimates for Tractor Supply’s Q1 2025 earnings at $1.91 EPS, Q2 2025 earnings at $4.32 EPS, Q3 2025 earnings at $2.53 EPS and Q4 2025 earnings at $2.62 EPS.

A number of other brokerages have also issued reports on TSCO. Morgan Stanley reaffirmed an “underweight” rating and set a $195.00 target price on shares of Tractor Supply in a research report on Tuesday, January 16th. Raymond James lowered shares of Tractor Supply from a “strong-buy” rating to an “outperform” rating and boosted their price target for the company from $230.00 to $250.00 in a report on Friday, February 2nd. The Goldman Sachs Group boosted their price target on shares of Tractor Supply from $230.00 to $262.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Barclays boosted their price target on shares of Tractor Supply from $192.00 to $234.00 and gave the company an “equal weight” rating in a report on Wednesday, April 17th. Finally, Truist Financial upped their target price on shares of Tractor Supply from $256.00 to $277.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, Tractor Supply has an average rating of “Hold” and a consensus target price of $248.17.

Tractor Supply Trading Up 3.3 %

Shares of TSCO stock opened at $273.90 on Thursday. Tractor Supply has a 1 year low of $185.00 and a 1 year high of $274.66. The firm’s fifty day simple moving average is $252.44 and its 200 day simple moving average is $226.59. The firm has a market capitalization of $29.56 billion, a P/E ratio of 27.15, a price-to-earnings-growth ratio of 3.88 and a beta of 0.84. The company has a current ratio of 1.50, a quick ratio of 0.28 and a debt-to-equity ratio of 0.82.

Tractor Supply (NASDAQ:TSCO) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.13. Tractor Supply had a net margin of 7.61% and a return on equity of 53.60%. The business had revenue of $3.39 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the previous year, the firm posted $1.65 earnings per share. Tractor Supply’s revenue was up 2.8% compared to the same quarter last year. As a group, sell-side analysts predict that Tractor Supply will post 10.2 EPS for the current year.

Insider Buying and Selling at Tractor Supply

In other Tractor Supply news, CFO Kurt D. Barton sold 4,335 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $257.00, for a total transaction of $1,114,095.00. Following the transaction, the chief financial officer now directly owns 20,678 shares in the company, valued at approximately $5,314,246. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Tractor Supply news, CFO Kurt D. Barton sold 4,335 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $257.00, for a total transaction of $1,114,095.00. Following the transaction, the chief financial officer now directly owns 20,678 shares in the company, valued at approximately $5,314,246. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Colin Yankee sold 8,675 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $250.00, for a total transaction of $2,168,750.00. Following the transaction, the executive vice president now owns 9,673 shares in the company, valued at $2,418,250. The disclosure for this sale can be found here. In the last three months, insiders have sold 90,090 shares of company stock worth $21,201,877. Company insiders own 0.24% of the company’s stock.

Institutional Trading of Tractor Supply

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Patrick M Sweeney & Associates Inc. increased its stake in shares of Tractor Supply by 8.0% in the 1st quarter. Patrick M Sweeney & Associates Inc. now owns 1,064 shares of the specialty retailer’s stock valued at $279,000 after acquiring an additional 79 shares during the last quarter. Tritonpoint Wealth LLC increased its stake in shares of Tractor Supply by 5.4% in the 1st quarter. Tritonpoint Wealth LLC now owns 3,340 shares of the specialty retailer’s stock valued at $874,000 after acquiring an additional 172 shares during the last quarter. Lindbrook Capital LLC increased its stake in shares of Tractor Supply by 10.9% in the 1st quarter. Lindbrook Capital LLC now owns 459 shares of the specialty retailer’s stock valued at $120,000 after acquiring an additional 45 shares during the last quarter. WCM Investment Management LLC increased its stake in shares of Tractor Supply by 2.3% in the 1st quarter. WCM Investment Management LLC now owns 3,702 shares of the specialty retailer’s stock valued at $969,000 after acquiring an additional 82 shares during the last quarter. Finally, TRUE Private Wealth Advisors increased its stake in shares of Tractor Supply by 6.5% in the 1st quarter. TRUE Private Wealth Advisors now owns 1,698 shares of the specialty retailer’s stock valued at $444,000 after acquiring an additional 104 shares during the last quarter. 98.72% of the stock is owned by institutional investors.

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.