Tractor Supply Company (NASDAQ:TSCO) Receives $62.85 Consensus Target Price from Brokerages

Shares of Tractor Supply Company (NASDAQ:TSCO) have been given an average rating of “Moderate Buy” by the twenty-three analysts that are currently covering the stock, MarketBeat reports. Nine analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $62.8095.

A number of brokerages recently issued reports on TSCO. Robert W. Baird raised their target price on Tractor Supply from $65.00 to $67.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. Telsey Advisory Group restated an “outperform” rating and issued a $70.00 price objective on shares of Tractor Supply in a research note on Friday. Gordon Haskett downgraded Tractor Supply from an “accumulate” rating to a “hold” rating and decreased their target price for the stock from $57.00 to $50.00 in a report on Thursday, January 8th. Stephens set a $53.00 price target on shares of Tractor Supply and gave the stock an “equal weight” rating in a report on Thursday. Finally, Citigroup reissued a “buy” rating and set a $61.00 price target (down from $66.00) on shares of Tractor Supply in a research report on Friday, January 16th.

Hedge Funds Weigh In On Tractor Supply

A number of institutional investors have recently modified their holdings of the stock. Delos Wealth Advisors LLC purchased a new stake in shares of Tractor Supply in the second quarter worth about $26,000. Aventura Private Wealth LLC purchased a new stake in Tractor Supply in the 4th quarter worth approximately $27,000. JPL Wealth Management LLC acquired a new stake in shares of Tractor Supply during the 3rd quarter worth approximately $28,000. Opal Wealth Advisors LLC purchased a new position in shares of Tractor Supply during the 2nd quarter valued at approximately $35,000. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of Tractor Supply in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply News Roundup

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $70 price target (roughly +28% upside vs. current levels), providing a strong analyst endorsement that can support buying interest. Telsey Advisory Group reaffirmation
• Positive Sentiment: Guggenheim reaffirmed a “buy” rating with a $65 target, another upbeat analyst signal that may help sustain the rally. Guggenheim rating
• Positive Sentiment: Local and national reports show Tractor Supply store traffic surged ahead of a major winter storm, implying a near-term boost to C.U.E. (cold-weather, urgent essentials) sales and inventories. This weather-driven demand is a tangible short-term revenue upside. Tractor Supply traffic soars ahead of massive winter storm
• Positive Sentiment: Tractor Supply proposed a new store in Plymouth Township, showing continued footprint expansion that supports longer-term comps and revenue growth. Tractor Supply plans new Plymouth Township location
• Positive Sentiment: Zacks preview argues TSCO heads into Q4 with expected revenue and EPS growth (helped by C.U.E. demand, winter weather upside and loyalty-driven traffic), and suggests accumulation ahead of earnings. That view can encourage buyers before the print. Tractor Supply Q4 Earnings on the Horizon: Time to Accumulate Shares?
• Neutral Sentiment: Zacks also published an expectations piece noting Wall Street expects earnings growth next week but says TSCO may lack the ideal setup for a clear beat — useful positioning information but not a single directional catalyst. Tractor Supply (TSCO) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Seeking Alpha argues that while the business is better than expected, the current valuation makes TSCO less attractive — a view that can cap upside and encourage profit-taking. Tractor Supply: A Better Business Than I Expected, But Not At This Price
• Negative Sentiment: TD Cowen issued a pessimistic forecast for TSCO, highlighting downside risk that may weigh on sentiment if negative headlines or a soft earnings print appear. TD Cowen Issues Pessimistic Forecast for Tractor Supply (NASDAQ:TSCO) Stock Price

Tractor Supply Stock Up 2.4%

TSCO stock opened at $54.69 on Friday. The firm has a 50 day moving average of $52.24 and a 200 day moving average of $55.80. The stock has a market capitalization of $28.90 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 2.56 and a beta of 0.74. The company has a quick ratio of 0.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.69. Tractor Supply has a 52 week low of $46.85 and a 52 week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.18%. The business had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.72 billion. During the same quarter last year, the company posted $0.45 earnings per share. The business’s quarterly revenue was up 7.2% on a year-over-year basis. Sell-side analysts forecast that Tractor Supply will post 2.17 earnings per share for the current year.

Tractor Supply Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Monday, November 24th were given a dividend of $0.23 per share. The ex-dividend date was Monday, November 24th. This represents a $0.92 dividend on an annualized basis and a yield of 1.7%. Tractor Supply’s payout ratio is currently 44.23%.

About Tractor Supply

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.