Tractor Supply (NASDAQ:TSCO) Lowered to Sell Rating by Wall Street Zen

Tractor Supply (NASDAQ:TSCO) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Sunday.

Several other analysts have also issued reports on the company. Zacks Research raised Tractor Supply from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. JPMorgan Chase & Co. decreased their price objective on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. The Goldman Sachs Group lowered their price objective on Tractor Supply from $45.00 to $43.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. BNP Paribas Exane reduced their target price on shares of Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a report on Wednesday, April 22nd. Finally, DA Davidson lowered their target price on shares of Tractor Supply from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Monday, June 22nd. Thirteen analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat.com, Tractor Supply has a consensus rating of “Hold” and a consensus price target of $44.62.

Tractor Supply Stock Performance

TSCO traded up $0.31 during trading on Friday, hitting $30.43. The company’s stock had a trading volume of 5,159,093 shares, compared to its average volume of 11,773,303. The business’s 50 day simple moving average is $30.86 and its 200-day simple moving average is $42.68. The firm has a market cap of $15.96 billion, a PE ratio of 14.92, a P/E/G ratio of 2.31 and a beta of 0.46. Tractor Supply has a one year low of $28.36 and a one year high of $63.99. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86.

Tractor Supply (NASDAQ:TSCO) 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 the consensus estimate of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The company’s revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, sell-side analysts predict that Tractor Supply will post 2.11 EPS for the current fiscal year.

Institutional Trading of Tractor Supply

Several hedge funds have recently bought and sold shares of the stock. Bison Wealth LLC increased its position in Tractor Supply by 356.1% in the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after purchasing an additional 5,017 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Tractor Supply by 40.7% in the 1st 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 last quarter. Intech Investment Management LLC raised its position in shares of Tractor Supply by 26.9% during the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock valued at $1,442,000 after buying an additional 5,542 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Tractor Supply by 1.2% in the 2nd 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 during the last quarter. Finally, Glenview Trust co lifted its holdings in shares of Tractor Supply by 36.0% in the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $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.