Tractor Supply (NASDAQ:TSCO) has been analyzed by 21 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for Tractor Supply, revealing an average target of $275.14, a high estimate of $305.00, and a low estimate of $235.00. Observing a 5.46% increase, the current average has risen from the previous average price target of $260.90.

Investigating Analyst Ratings: An Elaborate Study

The perception of Tractor Supply by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

To gain a panoramic view of Tractor Supply's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Tractor Supply analyst ratings.

Unveiling the Story Behind Tractor Supply

Tractor Supply's Economic Impact: An Analysis

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Revenue Growth: Tractor Supply's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 2.9%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Tractor Supply's net margin is impressive, surpassing industry averages. With a net margin of 5.84%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Tractor Supply's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.27% ROE, the company effectively utilizes shareholder equity capital.

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: With a high debt-to-equity ratio of 2.39, Tractor Supply faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

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.

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