Tractor Supply (TSCO) Gets a Buy from Guggenheim
Guggenheim analyst reiterated a Buy rating on Tractor Supply yesterday and set a price target of $65.00. The company’s shares closed yesterday at $53.78.
Valentine's Day Sale - 70% Off
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Currently, the analyst consensus on Tractor Supply is a Moderate Buy with an average price target of $57.59, which is a 7.08% upside from current levels. In a report released on January 31, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $56.00 price target.
Based on Tractor Supply’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.9 billion and a net profit of $227.41 million. In comparison, last year the company earned a revenue of $3.77 billion and had a net profit of $236.41 million
Based on the recent corporate insider activity of 90 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TSCO in relation to earlier this year. Earlier this month, Harry Lawton, the President & CEO of TSCO sold 84,670.00 shares for a total of $4,501,057.20.
Read More on TSCO:
Disclaimer & DisclosureReport an Issue
- Tractor Supply price target lowered to $55 from $57 at UBS
- Tractor Supply price target lowered to $53 from $55 at TD Cowen
- Tractor Supply price target lowered to $59 from $67 at Goldman Sachs
- Tractor Supply price target lowered to $58 from $65 at Mizuho
- Tractor Supply price target lowered to $59 from $67 at Piper Sandler
