DA Davidson Comments on Tractor Supply Q1 Earnings

Tractor Supply (NASDAQ:TSCO) – Investment analysts at DA Davidson issued their Q1 2025 earnings estimates for Tractor Supply in a research note issued to investors on Friday, January 31st. DA Davidson analyst M. Baker forecasts that the specialty retailer will earn $0.38 per share for the quarter. DA Davidson has a “Buy” rating and a $65.00 price objective on the stock. The consensus estimate for Tractor Supply’s current full-year earnings is $2.05 per share. DA Davidson also issued estimates for Tractor Supply’s FY2025 earnings at $2.18 EPS and FY2026 earnings at $2.51 EPS.

TSCO has been the topic of a number of other reports. Wells Fargo & Company dropped their price objective on shares of Tractor Supply from $65.00 to $64.00 and set an “overweight” rating on the stock in a research note on Monday, November 25th. Bank of America boosted their price target on Tractor Supply from $44.00 to $53.00 and gave the company an “underperform” rating in a research report on Thursday, January 16th. Piper Sandler increased their price objective on Tractor Supply from $60.00 to $66.40 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Loop Capital boosted their target price on Tractor Supply from $53.00 to $58.00 and gave the company a “hold” rating in a report on Thursday, December 12th. Finally, UBS Group increased their price target on Tractor Supply from $54.40 to $56.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $59.22.

Tractor Supply Stock Performance

Shares of TSCO opened at $54.36 on Monday. The company’s 50 day simple moving average is $55.24 and its 200-day simple moving average is $55.22. Tractor Supply has a 12-month low of $44.35 and a 12-month high of $61.53. The firm has a market cap of $29.04 billion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 3.29 and a beta of 0.84. The company has a current ratio of 1.48, a quick ratio of 0.17 and a debt-to-equity ratio of 0.81.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.28 by ($1.84). Tractor Supply had a return on equity of 50.19% and a net margin of 7.53%.

Tractor Supply Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Monday, November 25th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date was Monday, November 25th. Tractor Supply’s dividend payout ratio is currently 42.80%.

Hedge Funds Weigh In On Tractor Supply

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TSCO. Silvant Capital Management LLC raised its stake in Tractor Supply by 20.9% in the 3rd quarter. Silvant Capital Management LLC now owns 14,781 shares of the specialty retailer’s stock valued at $4,300,000 after purchasing an additional 2,556 shares during the last quarter. Blueshift Asset Management LLC raised its holdings in Tractor Supply by 32.7% in the 3rd quarter. Blueshift Asset Management LLC now owns 9,945 shares of the specialty retailer’s stock valued at $2,893,000 after acquiring an additional 2,452 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Tractor Supply by 48.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 9,801 shares of the specialty retailer’s stock worth $2,851,000 after purchasing an additional 3,182 shares during the period. Mutual of America Capital Management LLC boosted its holdings in shares of Tractor Supply by 16.5% during the third quarter. Mutual of America Capital Management LLC now owns 27,336 shares of the specialty retailer’s stock worth $7,953,000 after purchasing an additional 3,863 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Tractor Supply by 1.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 631,406 shares of the specialty retailer’s stock valued at $183,695,000 after purchasing an additional 8,142 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

About Tractor Supply

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.