Stephens Issues Pessimistic Forecast for Tractor Supply (NASDAQ:TSCO) Stock Price

Tractor Supply (NASDAQ:TSCO) had its price objective reduced by analysts at Stephens from $53.00 to $43.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The firm currently has an “equal weight” rating on the specialty retailer’s stock. Stephens’ price objective would indicate a potential upside of 16.70% from the stock’s previous close.

A number of other analysts also recently issued reports on TSCO. Piper Sandler cut their price objective on Tractor Supply from $59.00 to $51.00 and set an “overweight” rating for the company in a research report on Wednesday. Wells Fargo & Company cut their price objective on Tractor Supply from $55.00 to $47.00 and set an “overweight” rating for the company in a research report on Wednesday. Argus cut their price objective on Tractor Supply from $67.00 to $64.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Tractor Supply in a research report on Monday, December 29th. Finally, Daiwa Securities Group cut their price objective on Tractor Supply from $52.00 to $41.00 and set a “neutral” rating for the company in a research report on Thursday. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $49.08.

Tractor Supply Trading Down 3.5%

Shares of NASDAQ:TSCO traded down $1.32 during midday trading on Wednesday, reaching $36.85. 7,232,407 shares of the company’s stock were exchanged, compared to its average volume of 7,320,823. The firm’s 50 day simple moving average is $47.59 and its two-hundred day simple moving average is $51.34. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. The stock has a market cap of $19.38 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 2.09 and a beta of 0.75. Tractor Supply has a fifty-two week low of $36.86 and a fifty-two week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data 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). The business had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.64 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, sell-side analysts forecast that Tractor Supply will post 2.17 EPS for the current fiscal year.

Insider Activity at Tractor Supply

In related news, CFO Kurt D. Barton sold 1,929 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $53.94, for a total transaction of $104,050.26. Following the completion of the transaction, the chief financial officer directly owned 44,736 shares in the company, valued at $2,413,059.84. This trade represents a 4.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Jonathan S. Estep sold 59,745 shares of the firm’s 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 transaction, the executive vice president owned 80,931 shares of the company’s stock, valued at $4,372,701.93. This trade represents a 42.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 222,348 shares of company stock worth $11,959,621 over the last ninety days. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Tractor Supply

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP boosted its stake in shares of Tractor Supply by 1.6% in the 3rd quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer’s stock valued at $1,474,736,000 after buying an additional 420,731 shares during the period. Capital International Investors boosted its stake in shares of Tractor Supply by 3.9% in the 4th quarter. Capital International Investors now owns 24,279,046 shares of the specialty retailer’s stock valued at $1,214,390,000 after buying an additional 902,659 shares during the period. State Street Corp boosted its stake in shares of Tractor Supply by 0.7% in the 4th quarter. State Street Corp now owns 23,051,776 shares of the specialty retailer’s stock valued at $1,152,819,000 after buying an additional 162,774 shares during the period. Invesco Ltd. boosted its stake in shares of Tractor Supply by 18.4% in the 4th quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock valued at $871,855,000 after buying an additional 2,706,819 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Tractor Supply by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 15,873,514 shares of the specialty retailer’s stock valued at $791,703,000 after buying an additional 184,457 shares during the period. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Tractor Supply News Roundup

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.