Should I buy or sell Tractor Supply stock right now?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tractor Supply in the last year. There are currently 2 sell ratings, 9 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TSCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSCO, but not buy additional shares or sell existing shares. View TSCO analyst ratings or view top-rated stocks .

What is Tractor Supply's stock price target for 2024?

25 Wall Street analysts have issued 1-year price objectives for Tractor Supply's shares. Their TSCO share price targets range from $171.00 to $280.00. On average, they expect the company's share price to reach $237.40 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View analysts price targets for TSCO or view top-rated stocks among Wall Street analysts .

How have TSCO shares performed in 2024?

Tractor Supply's stock was trading at $215.03 at the start of the year. Since then, TSCO stock has increased by 7.8% and is now trading at $231.83. View the best growth stocks for 2024 here .

When is Tractor Supply's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our TSCO earnings forecast .

How were Tractor Supply's earnings last quarter?

Tractor Supply (NASDAQ:TSCO) released its quarterly earnings data on Thursday, February, 1st. The specialty retailer reported $2.28 EPS for the quarter, beating analysts' consensus estimates of $2.22 by $0.06. The specialty retailer had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.67 billion. Tractor Supply had a trailing twelve-month return on equity of 53.60% and a net margin of 7.61%. Tractor Supply's quarterly revenue was down 8.6% on a year-over-year basis. During the same quarter last year, the company posted $2.43 earnings per share. Read the conference call transcript .

How often does Tractor Supply pay dividends? What is the dividend yield for Tractor Supply?

Tractor Supply declared a quarterly dividend on Monday, February 5th. Stockholders of record on Monday, February 26th will be given a dividend of $1.10 per share on Tuesday, March 12th. This represents a $4.40 annualized dividend and a yield of 1.90%. The ex-dividend date is Friday, February 23rd. This is a boost from the stock's previous quarterly dividend of $1.03. Read our dividend analysis for TSCO .

Is Tractor Supply a good dividend stock?

Tractor Supply (NASDAQ:TSCO) pays an annual dividend of $4.12 per share and currently has a dividend yield of 1.76%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 40.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSCO will have a dividend payout ratio of 36.69% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TSCO .

What ETFs hold Tractor Supply's stock?

ETFs with the largest weight of Tractor Supply (NASDAQ:TSCO) stock in their portfolio include Invesco Building & Construction ETF (PKB) , Invesco Focused Discovery Growth ETF (IVDG) , VictoryShares Nasdaq Next 50 ETF (QQQN) , 2ndVote Society Defended ETF (EGIS) , Motley Fool Mid-Cap Growth ETF (TMFM) , Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) , Nuveen ESG Mid-Cap Growth ETF (NUMG) and Thrivent Small-Mid Cap ESG ETF (TSME) .

What guidance has Tractor Supply issued on next quarter's earnings?

Tractor Supply updated its FY 2024 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of 9.850-10.500 for the period, compared to the consensus estimate of 10.320. The company issued revenue guidance of $14.7 billion-$15.1 billion, compared to the consensus revenue estimate of $15.0 billion.

What is Hal Lawton's approval rating as Tractor Supply's CEO?

90 employees have rated Tractor Supply Chief Executive Officer Hal Lawton on Glassdoor.com . Hal Lawton has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Tractor Supply own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tractor Supply investors own include NVIDIA (NVDA) , Johnson & Johnson (JNJ) , PayPal (PYPL) , Advanced Micro Devices (AMD) , Walt Disney (DIS) , Netflix (NFLX) , Visa (V) , Starbucks (SBUX) , Mastercard (MA) and Salesforce (CRM) .

Who are Tractor Supply's major shareholders?

Tractor Supply's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.97%), Alecta Tjanstepension Omsesidigt (0.69%), Massachusetts Financial Services Co. MA (0.62%), Provident Trust Co. (0.59%), Charles Schwab Investment Management Inc. (0.55%) and Raymond James & Associates (0.54%). Insiders that own company stock include Christi C Korzekwa , Colin Yankee , Cynthia T Jamison , Edna Morris , Harry A Lawton III , John P Ordus , Jonathan S Estep, Jonathan S Estep , Kurt D Barton , Mark J Weikel , Matthew L Rubin , Melissa Kersey and Robert D Mills . View institutional ownership trends .

How do I buy shares of Tractor Supply?

Shares of TSCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Tractor Supply have any subsidiaries?

The following companies are subsidiares of Tractor Supply: Del's Feed & Farm Supply, Dels Farm Supply LLC, Orscheln Farm and Home, Petsense LLC, Quality Stores, TSC Franklin DC LLC, TSC Navarre DC LLC, TSC Purchasing LLC, TSC SSC Bond LLC, Tractor Supply Co. of Michigan LLC, Tractor Supply Co. of Texas LP, and Tractor Supply Company of Utah LLC. Read More

NASDAQ:TSCO

Tractor Supply (TSCO) Stock Price, News & Analysis

$231.83

-1.62 (-0.69%)

(As of 02/8/2024 ET)

Compare

Today's Range: $230.49
▼
$235.01
50-Day Range: $207.19
▼
$234.90
52-Week Range: $185.00
▼
$251.17

Volume: 1.19 million shs
Average Volume: 1.48 million shs
Market Capitalization: $25.06 billion

P/E Ratio: 22.98
Dividend Yield: 1.78%
Price Target: $237.40

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Tractor Supply MarketRank™ Stock Analysis

Analyst Rating: Hold
2.48 Rating Score
Upside/Downside: 2.4% Upside
$237.40 Price Target
Short Interest: Healthy
11.41% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.65
Upright™ Environmental Score
News Sentiment: 0.53
Based on 49 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.31%
From $10.18 to $11.23 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.50 out of 5 stars

Retail/Wholesale Sector

25th out of 206 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

1st out of 4 stocks

2.2

Analyst's Opinion

Consensus Rating
Tractor Supply has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 14 buy ratings, 9 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $237.40, Tractor Supply has a forecasted upside of 2.4% from its current price of $231.83.
Amount of Analyst Coverage
Tractor Supply has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
11.41% of the float of Tractor Supply has been sold short.
Short Interest Ratio / Days to Cover
Tractor Supply has a short interest ratio ("days to cover") of 9.4.
Change versus previous month
Short interest in Tractor Supply has recently decreased by 5.67%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Tractor Supply pays a meaningful dividend of 1.76%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tractor Supply has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of Tractor Supply is 40.83%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Tractor Supply will have a dividend payout ratio of 36.69% next year. This indicates that Tractor Supply will be able to sustain or increase its dividend.

1.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Tractor Supply has received a -21.84% net impact score from Upright. The largest negative impact of Tractor Supply in category "GHG emissions" seems to be driven mostly by its "Physical retail of agricultural machinery and equipment at a home improvement store", "Physical retail of cleaning supplies at a home improvement store", "Physical retail of construction materials at a home improvement store", and "Physical retail of home electrical appliances at a home improvement store" products. See details.
Environmental Sustainability
The Environmental Impact score for Tractor Supply is -1.65.

3.1

News and Social Media Coverage

News Sentiment
Tractor Supply has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 49 news articles for Tractor Supply this week, compared to 12 articles on an average week.
Search Interest
47 people have searched for TSCO on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.
MarketBeat Follows
15 people have added Tractor Supply to their MarketBeat watchlist in the last 30 days. This is an increase of 114% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tractor Supply insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.24% of the stock of Tractor Supply is held by insiders.
Percentage Held by Institutions
90.38% of the stock of Tractor Supply is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Tractor Supply are expected to grow by 10.31% in the coming year, from $10.18 to $11.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tractor Supply is 22.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tractor Supply is 22.98, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.53.
Price to Earnings Growth Ratio
Tractor Supply has a PEG Ratio of 3.52. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Tractor Supply has a P/B Ratio of 11.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tractor Supply Stock (NASDAQ:TSCO)

Tractor Supply Company operates as a rural lifestyle retailer 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. It provides its products under the 4health, Producer's Pride, American Farmworks, Red Shed, Bit & Bridle, Redstone, Blue Mountain, Retriever, C.E. Schmidt, Ridgecut, Countyline, Royal Wing, Dumor, Strive, Groundwork, Traveller, Huskee, Treeline, JobSmart, TSC Tractor Supply Co, Paws & Claws, and Untamed brands. The company operates its retail stores under the Tractor Supply Company, Orscheln Farm and Home, and Petsense names; and operates websites under the TractorSupply.com and Petsense.com names. It sells its products to recreational farmers, ranchers, and others. The company was founded in 1938 and is based in Brentwood, Tennessee.

TSCO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TSCO Stock News Headlines

February 2, 2024 | marketbeat.com

Tractor Supply Company can plow its way to new highs in 2024

Tractor Supply has been range-bound but may be able to set new highs in 2024 on cash flow, dividend growth, share repurchases, and rising shareholder equity.

January 15, 2024 | marketbeat.com

3 retailers to compound your wealth this cycle (TSCO)

If you want to avoid a lost decade scenario, consider adding these stocks to your watchlist to increase the odds of compounding your wealth this cycle

February 8, 2024 | The Oxford Club (Ad)

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February 7, 2024 | msn.com

Tractor Supply Announces Cash Dividend for Shareholders

February 7, 2024 | uk.finance.yahoo.com

Tractor Supply Company Announces 7 Percent Increase in Quarterly Dividend

February 6, 2024 | finance.yahoo.com

El Niño Has Supercharged California Storms. Here Are the Industries It’s Hitting.

February 5, 2024 | bizjournals.com

Tractor Supply Co. property in Clemmons sells for almost $8 million

February 5, 2024 | finance.yahoo.com

Tractor Supply Company: Raising target to $265

February 8, 2024 | The Oxford Club (Ad)

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