JPMorgan Chase & Co. Issues Pessimistic Forecast for Tractor Supply (NASDAQ:TSCO) Stock Price

Tractor Supply (NASDAQ:TSCO) had its price target reduced by stock analysts at JPMorgan Chase & Co. from $55.00 to $48.00 in a report released on Wednesday,MarketScreener reports. The firm presently has a “neutral” rating on the specialty retailer’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 30.27% from the stock’s current price.

A number of other research analysts also recently commented on TSCO. Telsey Advisory Group lowered their price objective on Tractor Supply from $63.00 to $52.00 and set an “outperform” rating for the company in a research note on Wednesday. Raymond James Financial lowered their price objective on Tractor Supply from $60.00 to $48.00 and set an “outperform” rating for the company in a research note on Wednesday. UBS Group lowered their price objective on Tractor Supply from $55.00 to $44.00 and set a “neutral” rating for the company in a research note on Wednesday. Weiss Ratings restated a “hold (c+)” rating on shares of Tractor Supply in a research note on Monday, December 29th. Finally, Citigroup lowered their price objective on Tractor Supply from $55.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday. Fifteen analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $49.08.

Tractor Supply Stock Down 3.5%

Shares of TSCO traded down $1.32 during trading on Wednesday, reaching $36.85. The company’s stock had a trading volume of 7,232,407 shares, compared to its average volume of 7,320,823. The company has a fifty day moving average of $47.59 and a two-hundred day moving average of $51.34. Tractor Supply has a twelve month low of $36.86 and a twelve month high of $63.99. The company 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. The company has a quick ratio of 0.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the firm posted $0.34 earnings per share. Tractor Supply’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. On average, sell-side analysts predict that Tractor Supply will post 2.17 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Jonathan S. Estep sold 59,745 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was 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 owned 80,931 shares in the company, valued at $4,372,701.93. This represents a 42.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Harry A. Lawton III sold 84,670 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $53.16, for a total value of $4,501,057.20. Following the completion of the sale, the chief executive officer owned 606,842 shares of the company’s stock, valued at approximately $32,259,720.72. This trade represents a 12.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 222,348 shares of company stock valued at $11,959,621. 0.64% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Tractor Supply

Several hedge funds have recently bought and sold shares of TSCO. Bison Wealth LLC lifted 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 worth $341,000 after acquiring an additional 5,017 shares in the last quarter. Woodline Partners LP lifted its stake in Tractor Supply by 40.7% in the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock worth $2,487,000 after acquiring an additional 13,051 shares in the last quarter. Intech Investment Management LLC lifted its stake in Tractor Supply by 26.9% in the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after acquiring an additional 5,542 shares in the last quarter. Sei Investments Co. lifted its stake in Tractor Supply by 1.2% in the 2nd quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock worth $16,676,000 after acquiring an additional 3,631 shares in the last quarter. Finally, Glenview Trust co increased its position in Tractor Supply by 36.0% in 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 during the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

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.