Analysts' ratings for Tractor Supply (NASDAQ:TSCO) over the last quarter vary from bullish to bearish, as provided by 26 analysts.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $269.81, a high estimate of $305.00, and a low estimate of $234.00. This upward trend is evident, with the current average reflecting a 6.07% increase from the previous average price target of $254.36.

Diving into Analyst Ratings: An In-Depth Exploration

A clear picture of Tractor Supply's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Tractor Supply's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Tractor Supply analyst ratings.

Discovering Tractor Supply: A Closer Look

Tractor Supply: Financial Performance Dissected

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Positive Revenue Trend: Examining Tractor Supply's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.9% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.

Net Margin: Tractor Supply's net margin excels beyond industry benchmarks, reaching 5.84%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Tractor Supply's ROE stands out, surpassing industry averages. With an impressive ROE of 9.27%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.11%, the company showcases effective utilization of assets.

Debt Management: Tractor Supply's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.39, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Basics of Analyst Ratings

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.