Wedbush Estimates Tractor Supply's Q1 Earnings (NASDAQ:TSCO)

Tractor Supply (NASDAQ:TSCO - Free Report) - Equities research analysts at Wedbush lowered their Q1 2025 earnings per share (EPS) estimates for shares of Tractor Supply in a research note issued to investors on Friday, October 25th. Wedbush analyst S. Basham now expects that the specialty retailer will earn $1.86 per share for the quarter, down from their previous forecast of $2.01. Wedbush currently has a "Neutral" rating and a $270.00 target price on the stock. The consensus estimate for Tractor Supply's current full-year earnings is $10.25 per share. Wedbush also issued estimates for Tractor Supply's Q2 2025 earnings at $4.26 EPS, Q3 2025 earnings at $2.43 EPS, Q4 2025 earnings at $2.47 EPS and FY2025 earnings at $11.02 EPS.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its earnings results on Thursday, July 25th. The specialty retailer reported $3.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.93. The firm had revenue of $4.25 billion for the quarter, compared to analysts' expectations of $4.28 billion. Tractor Supply had a net margin of 7.53% and a return on equity of 50.19%. The business's revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.83 EPS.

Several other equities analysts also recently weighed in on TSCO. Mizuho boosted their target price on Tractor Supply from $250.00 to $270.00 and gave the company a "neutral" rating in a research report on Friday. Piper Sandler increased their target price on shares of Tractor Supply from $300.00 to $332.00 and gave the company an "overweight" rating in a research note on Monday, October 14th. DA Davidson raised their target price on shares of Tractor Supply from $300.00 to $325.00 and gave the stock a "buy" rating in a report on Friday. Citigroup downgraded Tractor Supply from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 17th. Finally, Truist Financial reduced their price target on shares of Tractor Supply from $325.00 to $317.00 and set a "buy" rating on the stock in a research note on Friday. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $279.00.

Tractor Supply Trading Down 1.0 %

NASDAQ TSCO traded down $2.78 during trading hours on Monday, hitting $269.99. 878,749 shares of the company were exchanged, compared to its average volume of 1,051,864. Tractor Supply has a 52 week low of $186.06 and a 52 week high of $307.64. The company has a quick ratio of 0.17, a current ratio of 1.48 and a debt-to-equity ratio of 0.81. The stock has a 50-day moving average price of $282.36 and a 200 day moving average price of $273.47. The stock has a market cap of $29.12 billion, a PE ratio of 26.26, a price-to-earnings-growth ratio of 3.42 and a beta of 0.80.

Institutional Trading of Tractor Supply

A number of hedge funds and other institutional investors have recently made changes to their positions in TSCO. Stephens Inc. AR boosted its holdings in Tractor Supply by 7.4% in the third quarter. Stephens Inc. AR now owns 33,750 shares of the specialty retailer's stock valued at $9,819,000 after purchasing an additional 2,323 shares during the last quarter. Lincluden Management Ltd. boosted its stake in shares of Tractor Supply by 1.3% in the third quarter. Lincluden Management Ltd. now owns 12,526 shares of the specialty retailer's stock worth $3,644,000 after buying an additional 164 shares during the last quarter. Stephens Investment Management Group LLC grew its holdings in Tractor Supply by 1.5% during the third quarter. Stephens Investment Management Group LLC now owns 155,988 shares of the specialty retailer's stock worth $45,382,000 after acquiring an additional 2,376 shares during the period. Congress Asset Management Co. raised its position in Tractor Supply by 4.1% during the third quarter. Congress Asset Management Co. now owns 179,458 shares of the specialty retailer's stock valued at $52,210,000 after acquiring an additional 7,110 shares in the last quarter. Finally, Palumbo Wealth Management LLC lifted its holdings in Tractor Supply by 3.1% in the third quarter. Palumbo Wealth Management LLC now owns 6,954 shares of the specialty retailer's stock valued at $2,023,000 after acquiring an additional 209 shares during the period. Institutional investors and hedge funds own 98.72% of the company's stock.

Insiders Place Their Bets

In other news, CFO Kurt D. Barton sold 23,532 shares of Tractor Supply stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $295.64, for a total transaction of $6,957,000.48. Following the completion of the sale, the chief financial officer now directly owns 9,683 shares in the company, valued at approximately $2,862,682.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CFO Kurt D. Barton sold 23,532 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $295.64, for a total value of $6,957,000.48. Following the transaction, the chief financial officer now directly owns 9,683 shares of the company's stock, valued at approximately $2,862,682.12. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Matthew L. Rubin sold 540 shares of Tractor Supply stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $262.35, for a total value of $141,669.00. Following the sale, the senior vice president now directly owns 5,170 shares of the company's stock, valued at $1,356,349.50. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.58% of the stock is owned by insiders.

Tractor Supply Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 26th were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend was Monday, August 26th. Tractor Supply's dividend payout ratio (DPR) is presently 42.80%.

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.