Gordon Haskett Has Lowered Expectations for Tractor Supply (NASDAQ:TSCO) Stock Price

Key Points

• Gordon Haskett cut its price target to $40 (from $50) and kept a "hold" rating, joining several brokers that trimmed targets; the Street consensus still shows a "Moderate Buy" with an average target near $49.08.
• Tractor Supply reported a Q1 EPS and revenue miss with flat same‑store sales, sending the stock down to about $36.85 and creating a new 12‑month low that intensified selling pressure.
• Insiders sold roughly 222,348 shares (~$12M) in the past three months while institutional investors own about 98.7% of the stock, highlighting heavy institutional ownership alongside notable insider reductions.

Tractor Supply (NASDAQ:TSCO - Get Free Report) had its price target reduced by equities research analysts at Gordon Haskett from $50.00 to $40.00 in a research note issued on Wednesday,MarketScreener reports. The firm presently has a "hold" rating on the specialty retailer's stock. Gordon Haskett's price objective would indicate a potential upside of 8.56% from the company's current price.

Several other equities analysts have also issued reports on TSCO. Barclays decreased their price target on Tractor Supply from $51.00 to $44.00 and set an "equal weight" rating on the stock in a research note on Wednesday. TD Cowen cut their price objective on Tractor Supply from $55.00 to $53.00 and set a "hold" rating on the stock in a report on Friday, January 30th. Daiwa Securities Group cut their price objective on Tractor Supply from $52.00 to $41.00 and set a "neutral" rating on the stock in a report on Thursday. The Goldman Sachs Group set a $59.00 price objective on Tractor Supply and gave the company a "buy" rating in a report on Friday, January 30th. Finally, Piper Sandler cut their target price on Tractor Supply from $59.00 to $51.00 and set an "overweight" rating on the stock in a report on Wednesday. Fifteen research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, Tractor Supply presently has an average rating of "Moderate Buy" and a consensus target price of $49.08.

Tractor Supply Price Performance

Tractor Supply stock traded down $1.32 during mid-day trading on Wednesday, reaching $36.85. 7,232,407 shares of the company were exchanged, compared to its average volume of 7,320,823. The company has a fifty day simple moving average of $47.59 and a 200-day simple moving average of $51.34. Tractor Supply has a 12 month low of $36.86 and a 12 month high of $63.99. 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 firm has a market cap of $19.38 billion, a PE ratio of 18.06, a PEG ratio of 2.09 and a beta of 0.75.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The company had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the business earned $0.34 EPS. Tractor Supply's revenue was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, equities research analysts expect that Tractor Supply will post 2.17 earnings per share for the current fiscal year.

Insider Activity

In other Tractor Supply news, EVP Jonathan S. Estep sold 59,745 shares of Tractor Supply 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 transaction, the executive vice president directly owned 80,931 shares of the company's stock, valued at approximately $4,372,701.93. The trade was a 42.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Harry A. Lawton III sold 84,670 shares of the business's 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 completion of the transaction, the chief executive officer directly owned 606,842 shares in the company, valued at $32,259,720.72. This represents a 12.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 222,348 shares of company stock worth $11,959,621. 0.64% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Financial Network Wealth Advisors LLC lifted its stake in shares of Tractor Supply by 8.0% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 2,465 shares of the specialty retailer's stock valued at $140,000 after purchasing an additional 182 shares during the period. Advyzon Investment Management LLC lifted its stake in shares of Tractor Supply by 4.3% in the 4th quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer's stock valued at $223,000 after purchasing an additional 183 shares during the period. Perigon Wealth Management LLC lifted its stake in shares of Tractor Supply by 0.6% in the 3rd quarter. Perigon Wealth Management LLC now owns 34,036 shares of the specialty retailer's stock valued at $1,936,000 after purchasing an additional 200 shares during the period. Field & Main Bank lifted its stake in shares of Tractor Supply by 1.1% in the 4th 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. Finally, Oak Thistle LLC lifted its stake in shares of Tractor Supply by 0.9% in the 4th quarter. Oak Thistle LLC now owns 24,911 shares of the specialty retailer's stock valued at $1,246,000 after purchasing an additional 215 shares during the period. 98.72% of the stock is owned by institutional investors and hedge funds.

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.

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