DA Davidson Weighs in on Tractor Supply Q1 Earnings

Tractor Supply (NASDAQ:TSCO - Free Report) - Research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Tractor Supply in a report released on Friday, January 31st. DA Davidson analyst M. Baker expects that the specialty retailer will post earnings of $0.38 per share for the quarter. DA Davidson has a "Buy" rating and a $65.00 price objective on the stock. The consensus estimate for Tractor Supply's current full-year earnings is $2.18 per share. DA Davidson also issued estimates for Tractor Supply's FY2025 earnings at $2.18 EPS and FY2026 earnings at $2.51 EPS.

TSCO has been the subject of several other research reports. Loop Capital boosted their price objective on shares of Tractor Supply from $53.00 to $58.00 and gave the company a "hold" rating in a research note on Thursday, December 12th. Robert W. Baird set a $64.00 price objective on Tractor Supply in a research report on Thursday, October 17th. Barclays reduced their price target on shares of Tractor Supply from $262.00 to $52.00 and set an "equal weight" rating on the stock in a research report on Monday, December 30th. JPMorgan Chase & Co. upped their price objective on shares of Tractor Supply from $58.00 to $59.00 and gave the company a "neutral" rating in a research note on Friday, January 31st. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $67.00 price target on shares of Tractor Supply in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $59.22.

Tractor Supply Stock Performance

Shares of Tractor Supply stock traded down $0.55 on Monday, reaching $53.06. 7,710,967 shares of the company traded hands, compared to its average volume of 5,650,399. The firm has a market capitalization of $28.33 billion, a PE ratio of 26.01, a PEG ratio of 3.13 and a beta of 0.84. Tractor Supply has a 52 week low of $46.06 and a 52 week high of $61.53. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.43 and a quick ratio of 0.20. The company has a 50 day moving average of $55.03 and a 200 day moving average of $55.20.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $2.28 by ($1.84). Tractor Supply had a return on equity of 49.01% and a net margin of 7.40%.

Hedge Funds Weigh In On Tractor Supply

A number of hedge funds have recently bought and sold shares of TSCO. Silvant Capital Management LLC increased its holdings in Tractor Supply by 20.9% in the 3rd quarter. Silvant Capital Management LLC now owns 14,781 shares of the specialty retailer's stock worth $4,300,000 after buying an additional 2,556 shares in the last quarter. Blueshift Asset Management LLC grew its stake in shares of Tractor Supply by 32.7% in the third quarter. Blueshift Asset Management LLC now owns 9,945 shares of the specialty retailer's stock worth $2,893,000 after acquiring an additional 2,452 shares during the period. Allspring Global Investments Holdings LLC lifted its position in Tractor Supply by 48.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 9,801 shares of the specialty retailer's stock valued at $2,851,000 after purchasing an additional 3,182 shares during the period. Mutual of America Capital Management LLC raised its holdings in Tractor Supply by 16.5% in the 3rd quarter. Mutual of America Capital Management LLC now owns 27,336 shares of the specialty retailer's stock worth $7,953,000 after purchasing an additional 3,863 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in Tractor Supply by 1.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 631,406 shares of the specialty retailer's stock valued at $183,695,000 after purchasing an additional 8,142 shares in the last quarter. Institutional investors own 98.72% of the company's stock.

Insider Transactions at Tractor Supply

In other Tractor Supply news, CEO Harry A. Lawton III sold 88,095 shares of the business's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $54.59, for a total value of $4,809,106.05. Following the sale, the chief executive officer now directly owns 488,852 shares of the company's stock, valued at approximately $26,686,430.68. The trade was a 15.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.58% 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.