Tractor Supply (NASDAQ:TSCO) Issues Quarterly Earnings Results

Tractor Supply (NASDAQ:TSCO) released its quarterly earnings results on Thursday. The specialty retailer reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $2.28 by ($1.84), Zacks reports. Tractor Supply had a net margin of 7.53% and a return on equity of 50.19%. Tractor Supply updated its FY 2025 guidance to 2.100-2.220 EPS.

Tractor Supply Stock Down 5.0 %

NASDAQ:TSCO opened at $54.29 on Friday. The stock has a 50-day simple moving average of $55.28 and a 200 day simple moving average of $55.23. Tractor Supply has a 52-week low of $44.35 and a 52-week high of $61.53. The company has a market cap of $29.00 billion, a PE ratio of 26.41, a PEG ratio of 3.29 and a beta of 0.84. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.17 and a current ratio of 1.48.

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 issued a $0.22 dividend. The ex-dividend date was Monday, November 25th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.62%. Tractor Supply’s dividend payout ratio (DPR) is 42.72%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on TSCO shares. Evercore ISI raised Tractor Supply from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 15th. JPMorgan Chase & Co. lifted their target price on shares of Tractor Supply from $52.00 to $58.00 and gave the company a “neutral” rating in a research report on Wednesday, October 16th. Robert W. Baird set a $64.00 price objective on Tractor Supply in a research note on Thursday, October 17th. Citigroup cut shares of Tractor Supply from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 17th. Finally, Wells Fargo & Company reduced their price target on shares of Tractor Supply from $65.00 to $64.00 and set an “overweight” rating on the stock in a research report on Monday, November 25th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $58.58.

Tractor Supply Company Profile

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.