Tractor Supply (NASDAQ:TSCO – Get Free Report) had its price target reduced by investment analysts at The Goldman Sachs Group from $45.00 to $43.00 in a research note issued to investors on Monday,MarketScreener reports. The brokerage currently has a “buy” rating on the specialty retailer’s stock. The Goldman Sachs Group’s target price suggests a potential upside of 43.31% from the company’s current price.
A number of other equities analysts have also recently weighed in on TSCO. UBS Group lowered their price objective on shares of Tractor Supply from $55.00 to $44.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. TD Cowen restated a “hold” rating and set a $38.00 price target (down from $53.00) on shares of Tractor Supply in a research report on Monday, April 27th. Mizuho dropped their price objective on Tractor Supply from $58.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Truist Financial set a $32.00 price objective on Tractor Supply and gave the company a “hold” rating in a report on Tuesday, June 16th. Finally, Robert W. Baird set a $60.00 target price on Tractor Supply and gave the stock an “outperform” rating in a research note on Friday, April 17th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, Tractor Supply has a consensus rating of “Moderate Buy” and an average target price of $45.50.
View Our Latest Stock Analysis on Tractor Supply
Tractor Supply Trading Down 0.8%
Tractor Supply (NASDAQ:TSCO – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The business had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.64 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Research analysts forecast that Tractor Supply will post 2.12 EPS for the current year.
Institutional Trading of Tractor Supply
A number of large investors have recently modified their holdings of TSCO. Bison Wealth LLC boosted its stake in shares of Tractor Supply by 356.1% in the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after buying an additional 5,017 shares during the period. Woodline Partners LP increased its stake in shares of Tractor Supply by 40.7% during the first quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after buying an additional 13,051 shares during the period. Intech Investment Management LLC raised its holdings in Tractor Supply by 26.9% in the first quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock valued at $1,442,000 after acquiring an additional 5,542 shares in the last quarter. Sei Investments Co. raised its holdings in Tractor Supply by 1.2% in the second quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after acquiring an additional 3,631 shares in the last quarter. Finally, Glenview Trust co lifted its stake in Tractor Supply by 36.0% in the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock worth $1,036,000 after acquiring an additional 5,194 shares during the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.
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.
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