Tractor Supply (NASDAQ:TSCO) Price Target Cut to $52.00 by Analysts at Telsey Advisory Group

Tractor Supply (NASDAQ:TSCO) had its price target dropped by Telsey Advisory Group from $63.00 to $52.00 in a report released on Wednesday. The brokerage presently has an “outperform” rating on the specialty retailer’s stock. Telsey Advisory Group’s price objective indicates a potential upside of 31.41% from the stock’s current price.

Several other brokerages also recently commented on TSCO. Mizuho reduced their target price on shares of Tractor Supply from $65.00 to $58.00 and set an “outperform” rating on the stock in a research note on Friday, January 30th. Truist Financial set a $44.00 target price on shares of Tractor Supply in a research note on Tuesday. Morgan Stanley reduced their target price on shares of Tractor Supply from $60.00 to $57.00 and set an “equal weight” rating on the stock in a research note on Friday, January 30th. Bank of America initiated coverage on shares of Tractor Supply in a research note on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 target price on the stock. Finally, JPMorgan Chase & Co. cut their price target on Tractor Supply from $62.00 to $59.00 and set a “neutral” rating for the company in a report on Friday, January 30th. Fourteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $56.43.

Tractor Supply Trading Down 11.7%

Shares of TSCO stock opened at $39.57 on Wednesday. Tractor Supply has a 1 year low of $38.92 and a 1 year high of $63.99. The firm’s fifty day simple moving average is $48.23 and its 200 day simple moving average is $51.52. The firm has a market capitalization of $20.81 billion, a P/E ratio of 19.12, a price-to-earnings-growth ratio of 2.39 and a beta of 0.75. The company has a current ratio of 1.34, a quick ratio of 0.16 and a debt-to-equity ratio of 0.70.

Tractor Supply (NASDAQ:TSCO) last announced its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a return on equity of 44.36% and a net margin of 7.06%.The company had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same period last year, the firm posted $0.34 EPS. The company’s revenue was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, sell-side analysts predict that Tractor Supply will post 2.18 EPS for the current year.

Insider Activity at Tractor Supply

In other news, CEO Harry A. Lawton III sold 84,670 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $53.16, for a total transaction of $4,501,057.20. Following the sale, the chief executive officer owned 606,842 shares in the company, valued at $32,259,720.72. This represents a 12.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Kurt D. Barton sold 1,884 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $53.81, for a total value of $101,378.04. Following the sale, the chief financial officer owned 52,562 shares in the company, valued at approximately $2,828,361.22. This represents a 3.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 222,348 shares of company stock worth $11,959,621. Insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On Tractor Supply

A number of large investors have recently added to or reduced their stakes in TSCO. Bison Wealth LLC raised its stake in Tractor Supply by 356.1% in the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock valued at $341,000 after acquiring an additional 5,017 shares during the period. Woodline Partners LP increased its position in Tractor Supply by 40.7% during the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after buying an additional 13,051 shares during the period. Intech Investment Management LLC increased its position in Tractor Supply by 26.9% during the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after buying an additional 5,542 shares during the period. Sei Investments Co. grew its holdings in shares of Tractor Supply by 1.2% during the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after purchasing an additional 3,631 shares in the last quarter. Finally, Glenview Trust co grew its holdings in shares of Tractor Supply by 36.0% during the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock worth $1,036,000 after purchasing an additional 5,194 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Tractor Supply News Summary

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Company reaffirmed full?year fiscal 2026 guidance (EPS $2.13–2.23; revenue $16.1–16.5B), which reduces downside risk that a guide?down would have created. Tractor Supply Company Reports First Quarter 2026 Financial Results; Reaffirms Fiscal Year 2026 Outlook
• Positive Sentiment: Gross margin held up (around mid?30s), and digital/ subscription channels showed strong growth — signs the business has durable profit levers if traffic recovers. Tractor Supply Q1 analysis
• Positive Sentiment: Management is executing strategic initiatives (store expansion, Project Fusion, pet-category reset including expanded premium/frozen pet food rollout) that could drive recovery in under?performing categories. Strategic initiatives and category fixes
• Neutral Sentiment: Comparable?store sales were modestly positive (+0.5%) with higher ticket but fewer transactions — this mix is survivable but implies consumer trip consolidation that could limit near?term volume recovery. Q1 comps and metrics
• Neutral Sentiment: Wall Street still has higher price targets (median around the mid?$50s to high?$50s), suggesting analysts see longer?term upside even as near?term results disappoint. Analyst targets and institutional activity
• Negative Sentiment: Q1 EPS missed estimates ($0.31 vs. consensus ~$0.35) and revenue missed (~$3.59B vs. ~$3.64B), the core reason the stock sold off as earnings power came in weaker than modeled. Earnings and revenue miss
• Negative Sentiment: Operating income and margins compressed (operating income down mid?single digits) as SG&A rose faster than sales and delivery/tariff costs weighed — investors worry about near?term profit deterioration. Margin pressure and cost headwinds
• Negative Sentiment: Market reacted sharply (heavy volume, price down to fresh lows) and the CEO signaled need for “decisive action,” indicating management sees material work to restore momentum — increases execution risk near term. CEO comments and market reaction

Tractor Supply Company Profile

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.