Recent Investment Analysts’ Ratings Updates for Tractor Supply (TSCO)

A number of research firms have changed their ratings and price targets for Tractor Supply (NASDAQ: TSCO):

  • 5/17/2018 – Tractor Supply was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 5/3/2018 – Tractor Supply had its “buy” rating reaffirmed by analysts at Wells Fargo.
  • 5/2/2018 – Tractor Supply was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 4/27/2018 – Tractor Supply was upgraded by analysts at Oppenheimer Holdings from a “market perform” rating to an “outperform” rating. They now have a $80.00 price target on the stock.
  • 4/27/2018 – Tractor Supply was upgraded by analysts at UBS from a “market perform” rating to an “outperform” rating.
  • 4/27/2018 – Tractor Supply had its price target raised by analysts at Wedbush from $60.00 to $65.00. They now have a “neutral” rating on the stock.
  • 4/27/2018 – Tractor Supply was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 4/26/2018 – Tractor Supply was given a new $73.00 price target on by analysts at Credit Suisse Group. They now have a “hold” rating on the stock.
  • 4/26/2018 – Tractor Supply was given a new $72.00 price target on by analysts at Wells Fargo. They now have a “buy” rating on the stock.
  • 4/24/2018 – Tractor Supply had its price target lowered by analysts at Royal Bank of Canada to $64.00. They now have a “market perform” rating on the stock.
  • 4/23/2018 – Tractor Supply is now covered by analysts at Wells Fargo. They set an “outperform” rating and a $70.00 price target on the stock.
  • 4/23/2018 – Tractor Supply had its price target lowered by analysts at Telsey Advisory Group from $76.00 to $70.00. They now have a “market perform” rating on the stock.
  • 4/20/2018 – Tractor Supply was upgraded by analysts at Piper Jaffray from a “neutral” rating to an “overweight” rating. They now have a $71.00 price target on the stock.
  • 4/17/2018 – Tractor Supply was given a new $70.00 price target on by analysts at Stephens. They now have a “hold” rating on the stock.
  • 4/17/2018 – Tractor Supply had its price target lowered by analysts at Deutsche Bank from $72.00 to $65.00. They now have a “hold” rating on the stock.
  • 4/16/2018 – Tractor Supply was upgraded by analysts at Goldman Sachs from a “neutral” rating to a “buy” rating. They now have a $79.00 price target on the stock, up previously from $72.00.
  • 4/10/2018 – Tractor Supply was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 4/9/2018 – Tractor Supply had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $69.00 price target on the stock, up previously from $60.00.
  • 4/9/2018 – Tractor Supply was given a new $60.00 price target on by analysts at Wedbush. They now have a “neutral” rating on the stock.
  • 4/2/2018 – Tractor Supply was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 3/30/2018 – Tractor Supply was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 3/23/2018 – Tractor Supply was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Tractor Supply opened at $71.67 on Friday, MarketBeat Ratings reports. Tractor Supply has a 1 year low of $70.83 and a 1 year high of $71.95. The firm has a market capitalization of $8.78 billion, a PE ratio of 21.52, a price-to-earnings-growth ratio of 1.31 and a beta of 1.27. The company has a quick ratio of 0.22, a current ratio of 1.96 and a debt-to-equity ratio of 0.54.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, April 26th. The specialty retailer reported $0.57 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.57. Tractor Supply had a return on equity of 31.99% and a net margin of 5.88%. The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter in the prior year, the business posted $0.46 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. sell-side analysts predict that Tractor Supply will post 4.09 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 12th. Stockholders of record on Tuesday, May 29th will be paid a $0.31 dividend. This is a boost from Tractor Supply’s previous quarterly dividend of $0.27. The ex-dividend date is Friday, May 25th. This represents a $1.24 annualized dividend and a dividend yield of 1.73%. Tractor Supply’s dividend payout ratio is presently 32.43%.

Large investors have recently added to or reduced their stakes in the company. Calton & Associates Inc. bought a new position in shares of Tractor Supply in the fourth quarter worth $109,000. Centaurus Financial Inc. bought a new position in shares of Tractor Supply in the first quarter worth $100,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Tractor Supply in the fourth quarter worth $187,000. Advisor Partners LLC bought a new position in shares of Tractor Supply in the fourth quarter worth $207,000. Finally, CAPROCK Group Inc. bought a new position in shares of Tractor Supply in the fourth quarter worth $214,000. 85.07% of the stock is owned by institutional investors.

Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use.

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