Tractor Supply (NASDAQ:TSCO) Trading Down 5.6% – Time to Sell?

Tractor Supply Company (NASDAQ:TSCO)’s share price traded down 5.6% during trading on Monday . The company traded as low as $30.02 and last traded at $29.9780. Approximately 1,261,662 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 9,720,040 shares. The stock had previously closed at $31.76.

Wall Street Analysts Forecast Growth

TSCO has been the subject of a number of recent research reports. Mizuho dropped their price objective on shares of Tractor Supply from $58.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Morgan Stanley cut their price target on Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 22nd. Zacks Research raised shares of 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 shares of Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Finally, Raymond James Financial decreased their price objective on Tractor Supply from $60.00 to $48.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat.com, Tractor Supply presently has an average rating of “Moderate Buy” and a consensus target price of $45.50.

Tractor Supply Price Performance

The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. The firm has a market cap of $15.88 billion, a P/E ratio of 14.82, a PEG ratio of 2.41 and a beta of 0.46. The company’s 50-day moving average is $31.46 and its two-hundred day moving average is $43.39.

Tractor Supply (NASDAQ:TSCO) last released 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 company 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%.Tractor Supply’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Sell-side analysts anticipate that Tractor Supply Company will post 2.11 EPS for the current fiscal year.

Tractor Supply Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Wednesday, May 27th. Tractor Supply’s dividend payout ratio is presently 47.06%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. JPL Wealth Management LLC bought a new stake in Tractor Supply during the 3rd quarter worth approximately $28,000. Garner Asset Management Corp purchased a new position in Tractor Supply during the 4th quarter valued at about $25,000. Reflection Asset Management bought a new position in Tractor Supply in the 4th quarter worth $26,000. Core Wealth Advisors LLC purchased a new position in shares of Tractor Supply during the 4th quarter worth approximately $27,000. Finally, Aventura Private Wealth LLC bought a new stake in shares of Tractor Supply during the 4th quarter valued at $27,000. 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.