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

Tractor Supply (NASDAQ:TSCO) had its price objective reduced by Raymond James Financial from $60.00 to $48.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the specialty retailer’s stock. Raymond James Financial’s target price suggests a potential upside of 30.27% from the company’s current price.

A number of other research analysts have also issued reports on TSCO. Argus lowered their target price on Tractor Supply from $67.00 to $64.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. JPMorgan Chase & Co. cut their price target on shares of Tractor Supply from $62.00 to $59.00 and set a “neutral” rating for the company in a report on Friday, January 30th. Morgan Stanley lowered their price objective on shares of Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Jefferies Financial Group reissued a “buy” rating and set a $51.00 target price on shares of Tractor Supply in a research note on Tuesday. Finally, Wells Fargo & Company decreased their price target on shares of Tractor Supply from $55.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday. Fifteen equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, Tractor Supply has a consensus rating of “Moderate Buy” and a consensus price target of $49.08.

Tractor Supply Stock Performance

TSCO traded down $1.32 during trading hours on Wednesday, hitting $36.85. The company’s stock had a trading volume of 7,232,407 shares, compared to its average volume of 7,320,823. Tractor Supply has a fifty-two week low of $36.86 and a fifty-two week high of $63.99. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $19.38 billion, a PE ratio of 18.06, a PEG ratio of 2.09 and a beta of 0.75. The company has a 50-day simple moving average of $47.59 and a 200 day simple moving average of $51.34.

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

Insiders Place Their Bets

In related news, EVP Colin Yankee sold 11,170 shares of Tractor Supply stock in a transaction on Friday, February 13th. The stock was sold at an average price of $55.35, for a total value of $618,259.50. Following the transaction, the executive vice president directly owned 45,515 shares in the company, valued at $2,519,255.25. The trade was a 19.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Robert D. Mills sold 62,950 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $54.12, for a total value of $3,406,854.00. Following the completion of the sale, the executive vice president directly owned 122,834 shares of the company’s stock, valued at approximately $6,647,776.08. This trade represents a 33.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 222,348 shares of company stock worth $11,959,621. Corporate insiders own 0.64% of the company’s stock.

Institutional Trading of Tractor Supply

Several hedge funds and other institutional investors have recently modified their holdings of TSCO. Garner Asset Management Corp acquired a new stake in shares of Tractor Supply in the fourth quarter worth $25,000. Reflection Asset Management acquired a new stake in shares of Tractor Supply in the fourth quarter worth $26,000. Aventura Private Wealth LLC acquired a new stake in shares of Tractor Supply in the fourth quarter worth $27,000. Core Wealth Advisors LLC acquired a new stake in shares of Tractor Supply in the fourth quarter worth $27,000. Finally, Bayban acquired a new stake in shares of Tractor Supply in the fourth quarter worth $28,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Trending Headlines about Tractor Supply

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

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.