Key Equity Analysts at Piper Jaffray Kept the Same their ‘Overweight’ rating for Tractor Supply (NASDAQ:TSCO) Shares Today. Their Target Price per Share Given is $85

May 22, 2018 - By Graig Alexander

Tractor Supply Company (NASDAQ:TSCO) Logo

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.14, from 1.03 in 2017Q3. It dived, as 46 investors sold Tractor Supply Company shares while 182 reduced holdings. 75 funds opened positions while 128 raised stakes. 98.98 million shares or 9.59% less from 109.48 million shares in 2017Q3 were reported.

Moody Savings Bank Trust Division has 0.01% invested in Tractor Supply Company (NASDAQ:TSCO) for 2,960 shares. Alliancebernstein L P stated it has 680,823 shares. Twin Tree Management Lp holds 0.01% of its portfolio in Tractor Supply Company (NASDAQ:TSCO) for 19,117 shares. Kayne Anderson Rudnick Management Ltd Liability Corporation reported 119,892 shares. Dnb Asset Mgmt As stated it has 0.56% of its portfolio in Tractor Supply Company (NASDAQ:TSCO). State Treasurer State Of Michigan holds 0.02% or 36,852 shares in its portfolio. Tradition Capital Mngmt reported 0.53% in Tractor Supply Company (NASDAQ:TSCO). Raymond James And Associates invested in 0.04% or 271,271 shares. Fruth accumulated 1.41% or 44,315 shares. The Ohio-based Meeder Asset Management Incorporated has invested 0% in Tractor Supply Company (NASDAQ:TSCO). Dynamic Advsr Solutions Limited Co has invested 0.07% of its portfolio in Tractor Supply Company (NASDAQ:TSCO). Moreover, Ngam Advsr Lp has 0.17% invested in Tractor Supply Company (NASDAQ:TSCO). Jones Lllp holds 0% or 20,534 shares. Earnest Prtn Limited Liability reported 66 shares. Clean Yield has invested 1.23% in Tractor Supply Company (NASDAQ:TSCO).

Since December 18, 2017, it had 0 insider purchases, and 2 insider sales for $3.04 million activity. Barbarick Steve K also sold $2.97 million worth of Tractor Supply Company (NASDAQ:TSCO) shares.

Tractor Supply (NASDAQ:TSCO) Rating Reaffirmed

In analysts report revealed to clients this morning, Piper Jaffray reconfirmed their Overweight rating on Tractor Supply (NASDAQ:TSCO) shares. The TP indicates a possible upside of 15.35 % from firm’s last stock close price.

Tractor Supply Company (NASDAQ:TSCO) Ratings Coverage

Among 20 analysts covering Tractor Supply (NASDAQ:TSCO), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Tractor Supply has $95.0 highest and $60 lowest target. $73.87’s average target is 0.24% above currents $73.69 stock price. Tractor Supply had 32 analyst reports since December 4, 2017 according to SRatingsIntel. The rating was maintained by Telsey Advisory with “Hold” on Monday, April 23. Stephens maintained the shares of TSCO in report on Tuesday, April 17 with “Hold” rating. The company was maintained on Tuesday, January 16 by Stephens. Robert W. Baird maintained the shares of TSCO in report on Monday, April 23 with “Buy” rating. The rating was maintained by PiperJaffray on Friday, February 2 with “Neutral”. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, April 17 report. Northcoast maintained the stock with “Buy” rating in Wednesday, January 24 report. The rating was maintained by BMO Capital Markets on Thursday, February 1 with “Hold”. The firm has “Sell” rating by Bank of America given on Friday, February 2. The stock of Tractor Supply Company (NASDAQ:TSCO) has “Neutral” rating given on Wednesday, February 21 by UBS.

The stock increased 0.07% or $0.05 during the last trading session, reaching $73.69. About 2.02 million shares traded or 7.08% up from the average. Tractor Supply Company (NASDAQ:TSCO) has declined 13.12% since May 23, 2017 and is downtrending. It has underperformed by 24.67% the S&P500.

Analysts await Tractor Supply Company (NASDAQ:TSCO) to report earnings on July, 25. They expect $1.59 earnings per share, up 27.20 % or $0.34 from last year’s $1.25 per share. TSCO’s profit will be $194.06 million for 11.59 P/E if the $1.59 EPS becomes a reality. After $0.57 actual earnings per share reported by Tractor Supply Company for the previous quarter, Wall Street now forecasts 178.95 % EPS growth.

Tractor Supply Company operates rural lifestyle retail stores in the United States. The company has market cap of $8.99 billion. The firm 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. It has a 22.33 P/E ratio. As of January 26, 2017, it operated 1,600 retail stores in 49 states.

More recent Tractor Supply Company (NASDAQ:TSCO) news were published by: which released: “Tractor Supply’s Moat Is Getting Wider” on May 08, 2018. Also published the news titled: “Tesco closure of non-food website puts 500 jobs at risk” on May 22, 2018.‘s news article titled: “Tractor Supply Company Announces 14.8% Dividend Increase, Marking Eighth Consecutive Year of Dividend Increases” with publication date: May 10, 2018 was also an interesting one.

Tractor Supply Company (NASDAQ:TSCO) Institutional Positions Chart

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