Tractor Supply (NASDAQ:TSCO) Stock Price Expected to Rise, Gordon Haskett Analyst Says

Tractor Supply (NASDAQ:TSCO) had its price target boosted by investment analysts at Gordon Haskett from $40.00 to $50.00 in a report released on Friday,MarketScreener reports. Gordon Haskett’s price target points to a potential upside of 60.00% from the stock’s current price.

Several other analysts have also recently issued reports on TSCO. Telsey Advisory Group dropped their target price on Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a report on Wednesday, April 22nd. Citigroup dropped their price target on shares of Tractor Supply from $55.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Barclays reduced their price target on shares of Tractor Supply from $51.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 22nd. Loop Capital cut their target price on Tractor Supply from $51.00 to $41.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Finally, The Goldman Sachs Group decreased their target price on shares of Tractor Supply from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Monday, June 8th. Fourteen research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $46.81.

Tractor Supply Price Performance

TSCO stock traded down $0.01 during mid-day trading on Friday, reaching $31.25. The company’s stock had a trading volume of 11,955,015 shares, compared to its average volume of 12,201,230. The stock has a market cap of $16.39 billion, a PE ratio of 15.32, a P/E/G ratio of 2.34 and a beta of 0.47. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. Tractor Supply has a fifty-two week low of $28.36 and a fifty-two week high of $63.99. The company’s 50 day moving average is $35.45 and its two-hundred day moving average is $45.85.

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 the consensus estimate of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The company had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.64 billion. During the same quarter in the prior year, the firm earned $0.34 earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Equities research analysts expect that Tractor Supply will post 2.14 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advyzon Investment Management LLC grew its stake in shares of Tractor Supply by 4.3% during the fourth 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 in the last quarter. Field & Main Bank raised its stake in Tractor Supply by 1.1% during the 4th quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after acquiring an additional 200 shares in the last quarter. Oak Thistle LLC grew its holdings in shares of Tractor Supply by 0.9% during the fourth quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock worth $1,246,000 after purchasing an additional 215 shares during the last quarter. Vestmark Advisory Solutions Inc. boosted its position in shares of Tractor Supply by 5.1% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 4,514 shares of the specialty retailer’s stock valued at $257,000 after purchasing an additional 218 shares during the period. Finally, Geneos Wealth Management Inc. lifted its stake 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 buying an additional 220 shares during the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply Company Profile

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.