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

Tractor Supply (NASDAQ:TSCO) had its target price decreased by research 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 price target indicates a potential upside of 30.45% from the company’s current price.

Several other analysts have also recently issued reports on the stock. Zacks Research upgraded shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a research report on Monday. Daiwa Securities Group decreased their target price on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday. Robert W. Baird set a $60.00 target price on shares of Tractor Supply and gave the company an “outperform” rating in a research report on Friday, April 17th. BNP Paribas Exane decreased their target price on shares of Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Evercore decreased their target price on shares of Tractor Supply from $55.00 to $50.00 and set an “outperform” rating on the stock in a research report on Thursday. Fifteen research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $49.08.

Tractor Supply Price Performance

Shares of NASDAQ TSCO traded down $1.38 during mid-day trading on Wednesday, hitting $36.80. 7,600,193 shares of the company’s stock traded hands, compared to its average volume of 7,326,902. The company’s 50-day moving average is $47.59 and its two-hundred day 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 company has a market capitalization of $19.35 billion, a P/E ratio of 18.04, a PEG ratio of 2.09 and a beta of 0.75. Tractor Supply has a 1 year low of $36.83 and a 1 year high of $63.99.

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 the consensus estimate of $0.35 by ($0.04). The business had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, equities analysts anticipate that Tractor Supply will post 2.17 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Harry A. Lawton III sold 84,670 shares of the stock in a transaction dated 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 sale, the chief executive officer directly owned 606,842 shares of the company’s stock, valued at $32,259,720.72. This represents a 12.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Jonathan S. Estep sold 59,745 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $54.03, for a total transaction 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 $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 three months. 0.64% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tractor Supply

A number of institutional investors have recently modified their holdings of the stock. Financial Network Wealth Advisors LLC increased its position in shares of Tractor Supply by 8.0% during the third quarter. Financial Network Wealth Advisors LLC now owns 2,465 shares of the specialty retailer’s stock worth $140,000 after acquiring an additional 182 shares during the period. Advyzon Investment Management LLC increased its position in shares of Tractor Supply by 4.3% during the fourth quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer’s stock worth $223,000 after acquiring an additional 183 shares during the period. Perigon Wealth Management LLC increased its position in shares of Tractor Supply by 0.6% during the third quarter. Perigon Wealth Management LLC now owns 34,036 shares of the specialty retailer’s stock worth $1,936,000 after acquiring an additional 200 shares during the period. Field & Main Bank increased its position in shares of Tractor Supply by 1.1% during the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after acquiring an additional 200 shares during the period. Finally, Oak Thistle LLC increased its position in shares of Tractor Supply by 0.9% during the fourth quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock worth $1,246,000 after acquiring an additional 215 shares during the period. 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.