Tractor Supply's (TSCO) Outperform Rating Reiterated at Telsey Advisory Group

Tractor Supply (NASDAQ:TSCO - Get Free Report)'s stock had its "outperform" rating restated by Telsey Advisory Group in a research note issued on Friday,Benzinga reports. They currently have a $335.00 target price on the specialty retailer's stock. Telsey Advisory Group's price target would indicate a potential upside of 18.60% from the stock's previous close. Telsey Advisory Group also issued estimates for Tractor Supply's Q1 2025 earnings at $1.86 EPS, Q2 2025 earnings at $4.23 EPS, Q3 2025 earnings at $2.45 EPS, FY2025 earnings at $11.09 EPS and FY2026 earnings at $12.20 EPS.

Other research analysts have also recently issued reports about the company. Barclays boosted their target price on Tractor Supply from $240.00 to $250.00 and gave the company an "equal weight" rating in a research note on Friday, October 25th. Evercore ISI raised Tractor Supply from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 15th. Mizuho lifted their price target on shares of Tractor Supply from $250.00 to $270.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. Wedbush reissued a "neutral" rating and set a $270.00 price objective on shares of Tractor Supply in a research report on Friday, October 25th. Finally, Benchmark upped their price objective on Tractor Supply from $280.00 to $310.00 and gave the stock a "buy" rating in a research report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $282.59.

Tractor Supply Trading Down 0.0 %

TSCO traded down $0.01 during midday trading on Friday, reaching $282.46. 1,069,473 shares of the company were exchanged, compared to its average volume of 908,725. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.17 and a current ratio of 1.48. The stock has a market capitalization of $30.18 billion, a P/E ratio of 27.48, a PEG ratio of 3.58 and a beta of 0.83. The stock's 50-day simple moving average is $285.15 and its 200 day simple moving average is $276.12. Tractor Supply has a one year low of $207.00 and a one year high of $307.64.

Tractor Supply shares are going to split on Friday, December 20th. The 5-1 split was announced on Thursday, December 5th. The newly minted shares will be issued to shareholders after the market closes on Thursday, December 19th.

Insider Transactions at Tractor Supply

In other news, CFO Kurt D. Barton sold 23,532 shares of the firm's stock in a transaction dated 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 owns 9,683 shares in the company, valued at approximately $2,862,682.12. This trade represents a 70.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.24% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Tractor Supply

Hedge funds have recently bought and sold shares of the stock. Future Financial Wealth Managment LLC bought a new position in shares of Tractor Supply during the third quarter worth approximately $29,000. First Personal Financial Services bought a new stake in shares of Tractor Supply in the third quarter valued at about $29,000. Whittier Trust Co. grew its stake in shares of Tractor Supply by 60.9% in the second quarter. Whittier Trust Co. now owns 111 shares of the specialty retailer's stock valued at $30,000 after acquiring an additional 42 shares in the last quarter. Providence Capital Advisors LLC acquired a new position in shares of Tractor Supply in the third quarter valued at about $32,000. Finally, OFI Invest Asset Management bought a new position in Tractor Supply during the second quarter worth about $33,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.

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.