Tractor Supply Receives Overweight Rating with Price Target of $56.36
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 9 hours ago
0mins
Should l Buy TSCO?
Source: Yahoo Finance
- Rating Upgrade: Tractor Supply has received an average rating upgrade to overweight, indicating analysts' optimistic outlook on its future performance, which may attract more investor interest.
- Price Target Set: The average price target is set at $56.36, reflecting market recognition of the company's growth potential, which could drive the stock price higher.
- Market Reaction: This upgrade and price target increase may bolster investor confidence, potentially enhancing trading volume and market performance for the company's stock.
- Investment Appeal: With the improved rating, Tractor Supply may attract more institutional investors, further strengthening its competitive position in the retail sector.
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Analyst Views on TSCO
Wall Street analysts forecast TSCO stock price to rise
20 Analyst Rating
13 Buy
7 Hold
0 Sell
Moderate Buy
Current: 45.010
Low
6.92
Averages
59.82
High
70.00
Current: 45.010
Low
6.92
Averages
59.82
High
70.00
About TSCO
Tractor Supply Company is a rural lifestyle retailer in the United States. The Company is focused on supplying the needs of recreational farmers and ranchers. It operates retail stores under the names Tractor Supply Company and Petsense by Tractor Supply. Its stores are located in towns outlying various metropolitan markets and in rural communities. It also offers an expanded assortment of products through the Tractor Supply mobile application and online at TractorSupply.com, Petsense.com, and Allivet.com. The Company's selection of merchandise consists of various product categories, including livestock, equine and agriculture; companion animal; seasonal and recreation; truck, tool, and hardware, and clothing, gift, and decor. Its brands consist of 4health, American Farmworks, Bit & Bridle, Blue Mountain, C.E. Schmidt, Country Lane, Countyline, Country Tuff, Dumor, Farm Table, Groundwork, Huskee, Impeckables, JobSmart, Paws & Claws, Producer’s Pride, Red Shed, Redstone, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tractor Supply Set to Announce Q1 Earnings on April 21
- Earnings Announcement Date: Tractor Supply is set to release its Q1 earnings on April 21 before market open, with a consensus EPS estimate of $0.34, indicating stability in a challenging economic environment.
- Revenue Expectations: The projected revenue for Q1 is $3.64 billion, reflecting a 4.9% year-over-year increase, which suggests some growth potential despite inflationary pressures impacting consumer spending.
- Historical Performance Review: Over the past two years, Tractor Supply has only beaten EPS estimates 50% of the time and has not surpassed revenue estimates at all, indicating challenges in revenue growth amidst competitive pressures.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen one upward revision and 15 downward revisions, while revenue estimates have experienced two upward revisions and 13 downward revisions, reflecting analysts' cautious outlook on the company's future performance.
See More
Tractor Supply Receives Overweight Rating with Price Target of $56.36
- Rating Upgrade: Tractor Supply has received an average rating upgrade to overweight, indicating analysts' optimistic outlook on its future performance, which may attract more investor interest.
- Price Target Set: The average price target is set at $56.36, reflecting market recognition of the company's growth potential, which could drive the stock price higher.
- Market Reaction: This upgrade and price target increase may bolster investor confidence, potentially enhancing trading volume and market performance for the company's stock.
- Investment Appeal: With the improved rating, Tractor Supply may attract more institutional investors, further strengthening its competitive position in the retail sector.
See More
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- Earnings Expectations: According to FactSet, the S&P 500 is projected to have a blended growth rate of 12.5% in Q1, with 78% of reporting companies exceeding expectations, providing a positive backdrop for the upcoming earnings season that could further bolster market confidence.
- Oil Price Volatility: While oil prices have fallen to around $80 per barrel, significantly below the $110 peak during the conflict, the market must remain vigilant regarding the potential impacts of U.S.-Iran tensions on global supply chains, particularly concerning the safety of transit through the Strait of Hormuz.
- Technical Fragility: Despite the market's strong short-term performance, analyst Craig Johnson warns that the rapid transition from oversold to overbought conditions masks underlying macroeconomic risks, urging investors to remain cautious and focus on high-quality investment opportunities.
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- Strong Financial Performance: The company reported a 4.3% increase in group sales and a 0.6% rise in adjusted operating profit, demonstrating positive progress in enhancing profitability.
- Increased Shareholder Returns: Tesco returned £2.4 billion to shareholders through dividends and buybacks, reflecting a commitment to enhancing shareholder value on a solid financial foundation.
- Significant Emission Reductions: Tesco made substantial progress in reducing greenhouse gas emissions, achieving a 68% reduction in Scope 1 and Scope 2 emissions, which not only meets environmental standards but also enhances the company's image of social responsibility.
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- Bonus Competition Structure: The 2026 spring Paper Clover campaign will feature a bonus competition where local 4-H organizations compete for additional grants, with the top state receiving $10,000, second place $5,000, and third place $1,000, further incentivizing local fundraising efforts.
- Demo Days Event: On April 25 and 26, Tractor Supply will host Demo Days, allowing customers to test drive the largest lineup of zero-turn and riding mowers ever, while also participating in the fundraiser, enhancing community engagement.
- Future Development Plans: 4-H aims to prepare 10 million youth annually for life and work by 2030 through its
See More
Tractor Supply's Spring Fundraiser Empowers 4-H Youth
- Fundraiser Overview: Tractor Supply's spring Paper Clover fundraiser runs from April 17 to May 3, having previously raised over $26 million for 4-H youth, significantly enhancing accessibility and impact of agricultural education programs.
- Bonus Competition Structure: During the Demo Days on April 25, local 4-H organizations will compete for additional grants based on fundraising performance, with the top state receiving $10,000, second place $5,000, and third place $1,000, further incentivizing local engagement and fundraising capabilities.
- Customer Engagement Opportunity: During Demo Days, customers can test drive zero-turn and riding mowers, experiencing Tractor Supply's product lineup while receiving a free branded hat, which enhances customer engagement and brand loyalty.
- Future Development Strategy: The Paper Clover campaign aligns with 4-H's Beyond Ready initiative, aiming to prepare 10 million youth for the future by 2030, reflecting the company's long-term commitment to community and youth development.
See More
Tractor Supply Set to Announce Q1 Earnings on April 21
- Earnings Announcement Date: Tractor Supply is set to release its Q1 earnings on April 21 before market open, with a consensus EPS estimate of $0.34, indicating stability in a challenging economic environment.
- Revenue Expectations: The projected revenue for Q1 is $3.64 billion, reflecting a 4.9% year-over-year increase, which suggests some growth potential despite inflationary pressures impacting consumer spending.
- Historical Performance Review: Over the past two years, Tractor Supply has only beaten EPS estimates 50% of the time and has not surpassed revenue estimates at all, indicating challenges in revenue growth amidst competitive pressures.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen one upward revision and 15 downward revisions, while revenue estimates have experienced two upward revisions and 13 downward revisions, reflecting analysts' cautious outlook on the company's future performance.
See More
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- Rating Upgrade: Tractor Supply has received an average rating upgrade to overweight, indicating analysts' optimistic outlook on its future performance, which may attract more investor interest.
- Price Target Set: The average price target is set at $56.36, reflecting market recognition of the company's growth potential, which could drive the stock price higher.
- Market Reaction: This upgrade and price target increase may bolster investor confidence, potentially enhancing trading volume and market performance for the company's stock.
- Investment Appeal: With the improved rating, Tractor Supply may attract more institutional investors, further strengthening its competitive position in the retail sector.
See More
Wall Street Optimism Rises Amid Ceasefire Hopes
- Market Rebound: The S&P 500 and Nasdaq Composite reached all-time highs this week, with the S&P 500 surpassing 7,100 for the first time, reflecting strong investor confidence in economic recovery and suggesting further upward momentum for equities.
- Earnings Expectations: According to FactSet, the S&P 500 is projected to have a blended growth rate of 12.5% in Q1, with 78% of reporting companies exceeding expectations, providing a positive backdrop for the upcoming earnings season that could further bolster market confidence.
- Oil Price Volatility: While oil prices have fallen to around $80 per barrel, significantly below the $110 peak during the conflict, the market must remain vigilant regarding the potential impacts of U.S.-Iran tensions on global supply chains, particularly concerning the safety of transit through the Strait of Hormuz.
- Technical Fragility: Despite the market's strong short-term performance, analyst Craig Johnson warns that the rapid transition from oversold to overbought conditions masks underlying macroeconomic risks, urging investors to remain cautious and focus on high-quality investment opportunities.
See More
Tesco Achieves Highest Market Share in a Decade
- Market Share Growth: Tesco PLC (TSCDF) achieved its highest market share in a decade in the UK and Ireland, indicating successful consumer attraction amidst a highly competitive retail environment.
- Strong Financial Performance: The company reported a 4.3% increase in group sales and a 0.6% rise in adjusted operating profit, demonstrating positive progress in enhancing profitability.
- Increased Shareholder Returns: Tesco returned £2.4 billion to shareholders through dividends and buybacks, reflecting a commitment to enhancing shareholder value on a solid financial foundation.
- Significant Emission Reductions: Tesco made substantial progress in reducing greenhouse gas emissions, achieving a 68% reduction in Scope 1 and Scope 2 emissions, which not only meets environmental standards but also enhances the company's image of social responsibility.
See More
Tractor Supply's Spring Fundraiser Empowers 4-H Youth
- Fundraiser Overview: Tractor Supply's spring Paper Clover fundraiser runs from April 17 to May 3, having raised over $26 million for 4-H youth scholarships over 16 years, significantly enhancing accessibility and impact of agricultural education programs.
- Bonus Competition Structure: The 2026 spring Paper Clover campaign will feature a bonus competition where local 4-H organizations compete for additional grants, with the top state receiving $10,000, second place $5,000, and third place $1,000, further incentivizing local fundraising efforts.
- Demo Days Event: On April 25 and 26, Tractor Supply will host Demo Days, allowing customers to test drive the largest lineup of zero-turn and riding mowers ever, while also participating in the fundraiser, enhancing community engagement.
- Future Development Plans: 4-H aims to prepare 10 million youth annually for life and work by 2030 through its
See More
Tractor Supply's Spring Fundraiser Empowers 4-H Youth
- Fundraiser Overview: Tractor Supply's spring Paper Clover fundraiser runs from April 17 to May 3, having previously raised over $26 million for 4-H youth, significantly enhancing accessibility and impact of agricultural education programs.
- Bonus Competition Structure: During the Demo Days on April 25, local 4-H organizations will compete for additional grants based on fundraising performance, with the top state receiving $10,000, second place $5,000, and third place $1,000, further incentivizing local engagement and fundraising capabilities.
- Customer Engagement Opportunity: During Demo Days, customers can test drive zero-turn and riding mowers, experiencing Tractor Supply's product lineup while receiving a free branded hat, which enhances customer engagement and brand loyalty.
- Future Development Strategy: The Paper Clover campaign aligns with 4-H's Beyond Ready initiative, aiming to prepare 10 million youth for the future by 2030, reflecting the company's long-term commitment to community and youth development.
See More
