Brokerages expect that Tractor Supply (NASDAQ:TSCO) will announce earnings per share (EPS) of $1.05 for the current quarter, according to Zacks. Eight analysts have made estimates for Tractor Supply’s earnings, with the highest EPS estimate coming in at $1.08 and the lowest estimate coming in at $1.02. Tractor Supply reported earnings of $0.95 per share in the same quarter last year, which suggests a positive year over year growth rate of 10.5%. The business is scheduled to report its next quarterly earnings report on Thursday, October 24th.

According to Zacks, analysts expect that Tractor Supply will report full-year earnings of $4.77 per share for the current financial year, with EPS estimates ranging from $4.74 to $4.85. For the next fiscal year, analysts anticipate that the firm will report earnings of $5.30 per share, with EPS estimates ranging from $5.20 to $5.45. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow Tractor Supply.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Thursday, July 25th. The specialty retailer reported $1.80 EPS for the quarter, missing the consensus estimate of $1.81 by ($0.01). Tractor Supply had a net margin of 6.71% and a return on equity of 36.12%. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.35 billion. During the same quarter in the previous year, the firm posted $1.69 earnings per share. The business’s revenue was up 6.3% on a year-over-year basis.

TSCO has been the subject of several analyst reports. Wells Fargo & Co reiterated a “buy” rating and issued a $125.00 target price on shares of Tractor Supply in a research note on Thursday. Bank of America set a $7.00 price target on Deutsche Bank and gave the company a “sell” rating in a research report on Thursday, April 11th. Piper Jaffray Companies started coverage on TowneBank in a research report on Tuesday, July 16th. They set a “neutral” rating and a $27.00 price target on the stock. Loop Capital upped their price target on Tractor Supply to $106.00 and gave the company a “hold” rating in a research report on Monday, April 15th. Finally, Morgan Stanley raised DENSO CORP/ADR from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 23rd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $106.44.

In related news, COO Steve K. Barbarick sold 32,867 shares of the company’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $104.13, for a total transaction of $3,422,440.71. Following the completion of the transaction, the chief operating officer now directly owns 46,894 shares in the company, valued at approximately $4,883,072.22. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, COO Steve K. Barbarick sold 36,108 shares of the company’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $104.10, for a total value of $3,758,842.80. Following the transaction, the chief operating officer now owns 60,258 shares of the company’s stock, valued at $6,272,857.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 79,943 shares of company stock valued at $8,322,943. 1.50% of the stock is owned by company insiders.

Large investors have recently added to or reduced their stakes in the company. Charter Trust Co. grew its stake in shares of Tractor Supply by 28.6% in the first quarter. Charter Trust Co. now owns 5,181 shares of the specialty retailer’s stock worth $506,000 after purchasing an additional 1,153 shares in the last quarter. Psagot Investment House Ltd. bought a new position in shares of Tractor Supply in the fourth quarter worth $35,000. Foothills Asset Management Ltd. bought a new position in shares of Tractor Supply in the first quarter worth $2,234,000. First Hawaiian Bank grew its stake in shares of Tractor Supply by 42.8% in the first quarter. First Hawaiian Bank now owns 9,187 shares of the specialty retailer’s stock worth $898,000 after purchasing an additional 2,753 shares in the last quarter. Finally, Catalyst Capital Advisors LLC bought a new position in shares of Tractor Supply in the first quarter worth $1,026,000. 81.89% of the stock is owned by institutional investors.

NASDAQ TSCO traded down $1.52 on Tuesday, hitting $109.95. 1,455,928 shares of the company’s stock traded hands, compared to its average volume of 1,070,709. The company has a quick ratio of 0.15, a current ratio of 1.52 and a debt-to-equity ratio of 1.57. Tractor Supply has a 1-year low of $75.84 and a 1-year high of $114.25. The stock’s 50-day moving average price is $109.41. The firm has a market cap of $13.26 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 2.04 and a beta of 1.09.

About Tractor Supply

Tractor Supply Company operates rural lifestyle retail stores 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.

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Earnings History and Estimates for Tractor Supply (NASDAQ:TSCO)

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