Raymond James Financial Has Lowered Expectations for Tractor Supply (NASDAQ:TSCO) Stock Price

Tractor Supply (NASDAQ:TSCO) had its price objective lowered by equities research analysts at Raymond James Financial from $60.00 to $48.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The firm currently has an “outperform” rating on the specialty retailer’s stock. Raymond James Financial’s price objective suggests a potential upside of 30.45% from the company’s previous close.

A number of other analysts have also commented on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Tractor Supply in a report on Monday, December 29th. DA Davidson cut their price target on Tractor Supply from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday. Mizuho cut their price target on Tractor Supply from $58.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday. Citigroup cut their price target on Tractor Supply from $55.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Wall Street Zen lowered Tractor Supply from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, Tractor Supply currently has a consensus rating of “Moderate Buy” and a consensus target price of $49.08.

Tractor Supply Trading Down 3.6%

TSCO stock traded down $1.38 during midday trading on Wednesday, hitting $36.80. 7,600,193 shares of the company’s stock were exchanged, compared to its average volume of 7,326,902. The stock’s fifty day moving average price is $47.59 and its 200-day moving average price is $51.34. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. The company has a market cap of $19.35 billion, a PE ratio of 18.04, a price-to-earnings-growth ratio of 2.09 and a beta of 0.75. Tractor Supply has a one year low of $36.83 and a one year high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). The business had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The business’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Research analysts predict that Tractor Supply will post 2.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Kurt D. Barton sold 1,884 shares of Tractor Supply stock in a transaction dated 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 of the company’s stock, valued at approximately $2,828,361.22. The trade was a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jonathan S. Estep sold 59,745 shares of Tractor Supply stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $54.03, for a total value of $3,228,022.35. Following the completion of the sale, the executive vice president directly owned 80,931 shares in the company, valued at approximately $4,372,701.93. This represents a 42.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 222,348 shares of company stock valued at $11,959,621 in the last quarter. 0.64% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Tractor Supply

A number of institutional investors have recently bought and sold shares of TSCO. Bison Wealth LLC increased its position in Tractor Supply by 356.1% during the fourth quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after buying an additional 5,017 shares during the last quarter. Woodline Partners LP increased its position in Tractor Supply by 40.7% during the first 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 last quarter. Intech Investment Management LLC increased its position in Tractor Supply by 26.9% during the first 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 last quarter. Sei Investments Co. increased its position in Tractor Supply by 1.2% during the second quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after buying an additional 3,631 shares during the last quarter. Finally, Glenview Trust co increased its position in Tractor Supply by 36.0% during the second quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock worth $1,036,000 after buying an additional 5,194 shares during the last quarter. Institutional investors and hedge funds 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: Reaffirmed guidance, store growth and digital momentum: Q1 results showed net sales up 3.6% driven by 40 new stores and double‑digit digital growth; management kept FY 2026 guidance intact, which limits near‑term downside risk. Earnings Highlights
• Positive Sentiment: Income/contrarian angle: the stock’s drop has pushed yield higher and some retail commentary calls the name “oversold,” supporting a potential value/dividend trade for income investors. Fool: Dividend Opportunity
• Positive Sentiment: Some brokers still maintain bullish stances (Citigroup retained a buy rating despite cutting its target; DA Davidson has also kept a buy-oriented view even after lowering its target), indicating pockets of analyst support for upside—though targets were trimmed. (Benzinga coverage)
• Neutral Sentiment: Valuation comparison: analyses comparing Tractor Supply to peers like Petco (WOOF) suggest mixed signals on which is the better value right now—useful background but not a direct catalyst. Zacks: WOOF vs TSCO
• Negative Sentiment: Q1 miss and flat comps sparked the selloff: EPS and revenue both missed Street expectations and same‑store sales were essentially flat, the primary immediate driver of the decline. Why TSCO Is Down
• Negative Sentiment: Multiple analyst downgrades/target cuts: several large brokers trimmed price targets or lowered expectations (UBS, Mizuho, Morgan Stanley, Wells Fargo, Telsey, Piper Sandler, DA Davidson among others), increasing selling pressure and reducing near‑term upside consensus. Examples: UBS Pessimistic Mizuho Lowers Expectations Morgan Stanley Forecast
• Negative Sentiment: Technical/market reaction: the post‑earnings move set a new 52‑week low and triggered further momentum selling, amplifying the price decline. New 1-Year Low

About Tractor Supply

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.