Tractor Supply (NASDAQ:TSCO) Trading Down 5.6% – What’s Next?

Tractor Supply Company (NASDAQ:TSCO) shares traded down 5.6% during mid-day trading on Monday . The stock traded as low as $30.02 and last traded at $29.9780. Approximately 1,261,662 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 9,720,040 shares. The stock had previously closed at $31.76.

Wall Street Analyst Weigh In

TSCO has been the subject of a number of recent analyst reports. Wall Street Zen raised Tractor Supply from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Piper Sandler set a $32.00 price objective on Tractor Supply and gave the company a “neutral” rating in a report on Tuesday, June 16th. BNP Paribas Exane decreased their target price on shares of Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Barclays cut their price target on Tractor Supply from $51.00 to $44.00 and set an “equal weight” rating for the company in a report on Wednesday, April 22nd. Finally, Telsey Advisory Group decreased their target price on Tractor Supply from $63.00 to $52.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.31.

Tractor Supply Stock Performance

The stock has a 50-day simple moving average of $31.18 and a 200-day simple moving average of $43.07. The stock has a market cap of $15.96 billion, a P/E ratio of 14.92, a PEG ratio of 2.29 and a beta of 0.46. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16.

Tractor Supply (NASDAQ:TSCO) last issued its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same quarter in the prior year, the business earned $0.34 EPS. The business’s quarterly revenue was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Research analysts forecast that Tractor Supply Company will post 2.11 earnings per share for the current year.

Tractor Supply Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Wednesday, May 27th. Tractor Supply’s dividend payout ratio (DPR) is 47.06%.

Institutional Investors Weigh In On Tractor Supply

A number of institutional investors have recently added to or reduced their stakes in the business. Advyzon Investment Management LLC raised its position in Tractor Supply by 4.3% during the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock worth $223,000 after purchasing an additional 183 shares during the last quarter. Field & Main Bank raised its position in shares of Tractor Supply by 1.1% during the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after acquiring an additional 200 shares during the last quarter. Oak Thistle LLC lifted its stake in shares of Tractor Supply by 0.9% in the fourth quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock worth $1,246,000 after acquiring an additional 215 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Tractor Supply by 22.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock valued at $63,000 after acquiring an additional 220 shares during the last quarter. Finally, Aptus Capital Advisors LLC increased its position in Tractor Supply by 0.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock valued at $2,835,000 after purchasing an additional 222 shares during the period. 98.72% of the stock is owned by institutional investors.

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.