Tractor Supply (NASDAQ:TSCO) Price Target Cut to $38.00 by Analysts at Telsey Advisory Group

Tractor Supply (NASDAQ:TSCO) had its price target reduced by research analysts at Telsey Advisory Group from $40.00 to $38.00 in a research note issued to investors on Friday. The firm presently has an “outperform” rating on the specialty retailer’s stock. Telsey Advisory Group’s price target would suggest a potential upside of 25.33% from the company’s previous close.

TSCO has been the subject of several other research reports. Stephens cut their price target on Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating for the company in a report on Wednesday, April 22nd. Wall Street Zen downgraded shares of Tractor Supply from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. UBS Group set a $33.00 price objective on shares of Tractor Supply and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Mizuho set a $32.00 target price on shares of Tractor Supply and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Thirteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $40.81.

Tractor Supply Price Performance

NASDAQ:TSCO opened at $30.32 on Friday. Tractor Supply has a 12-month low of $28.36 and a 12-month high of $63.99. The firm has a market capitalization of $15.90 billion, a price-to-earnings ratio of 14.86, a P/E/G ratio of 6.37 and a beta of 0.46. The stock’s 50 day moving average price is $30.62 and its two-hundred day moving average price is $41.31. 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 earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). The business had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.58 billion. Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 earnings per share. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. On average, analysts anticipate that Tractor Supply will post 2.08 earnings per share for the current year.

Institutional Trading of Tractor Supply

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advyzon Investment Management LLC lifted 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 purchasing an additional 183 shares during the last quarter. Field & Main Bank boosted its holdings in shares of Tractor Supply by 1.1% in the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock valued at $942,000 after purchasing an additional 200 shares during the period. Oak Thistle LLC increased its holdings in Tractor Supply by 0.9% during the 4th quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer’s stock worth $1,246,000 after purchasing an additional 215 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Tractor Supply by 22.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock worth $63,000 after buying an additional 220 shares during the period. Finally, Aptus Capital Advisors LLC grew its position in shares of Tractor Supply by 0.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 56,698 shares of the specialty retailer’s stock worth $2,835,000 after buying an additional 222 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Key Tractor Supply News

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

• Positive Sentiment: Tractor Supply launched Instacart same-day delivery from 2,400 stores, a distribution expansion that could improve convenience and support future sales growth. Tractor Supply (TSCO) Launches Instacart Same Day Delivery From 2,400 Stores
• Positive Sentiment: One report noted the stock rose despite the Q2 miss because management said weak May demand was temporary and that long-term demand trends are still intact. Weak May Was the Culprit: Tractor Supply Says Long-Term Demand Is Intact
• Neutral Sentiment: Analyst Christopher Nardone at Bank of America Securities reiterated a Hold rating and kept the $33 price target, signaling a wait-and-see stance after the reset in guidance. Analyst Maintains Hold on Tractor Supply as Guidance Resets; Price Target Reaffirmed at $33
• Neutral Sentiment: Several earnings-call and transcript summaries highlighted management’s effort to balance growth initiatives with near-term pressure, suggesting investors are focusing on execution rather than a major change in the story. Tractor Supply Balances Growth Initiatives With Near-Term Strain
• Negative Sentiment: Tractor Supply reported Q2 EPS of $0.81 versus expectations near $0.82-$0.83 and revenue of $4.54 billion versus about $4.58 billion expected, showing a modest earnings and sales miss. Tractor Supply Company Reports Second Quarter 2026 Financial Results; Updates Fiscal Year 2026 Outlook
• Negative Sentiment: The company cut FY2026 guidance, lowering expected sales growth to 2.5%-3.5% from 4%-6% and trimming EPS guidance to $1.90-$2.00, which weighed on sentiment. Tractor Supply Cuts Outlook Following Tough Quarter

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.