Tractor Supply (NASDAQ:TSCO) Price Target Cut to $50.00 by Analysts at Evercore

Key Points

• Evercore cut its price target on Tractor Supply to $50 (from $55) while maintaining an "outperform" rating, implying roughly a 35.7% upside; the Street consensus target is about $49.08 amid multiple analyst target trims and some downgrades.
• Q1 missed expectations — EPS $0.31 vs. $0.35 expected and revenue below estimates — which spurred a ~3.5% drop to $36.85 and pushed the stock to a new 52‑week low.
• Significant insider selling occurred recently (EVPs sold ~74,000 shares in February and insiders sold 222,348 shares worth ~$12M over 90 days), leaving insiders owning roughly 0.64% of the company.

Tractor Supply (NASDAQ:TSCO - Get Free Report) had its price target lowered by investment analysts at Evercore from $55.00 to $50.00 in a report issued on Thursday,MarketScreener reports. The firm presently has an "outperform" rating on the specialty retailer's stock. Evercore's price objective indicates a potential upside of 35.70% from the company's previous close.

Several other equities research analysts have also issued reports on TSCO. TD Cowen reduced their price objective on shares of Tractor Supply from $55.00 to $53.00 and set a "hold" rating for the company in a research note on Friday, January 30th. JPMorgan Chase & Co. dropped their target price on shares of Tractor Supply from $62.00 to $59.00 and set a "neutral" rating on the stock in a report on Friday, January 30th. Wall Street Zen downgraded shares of Tractor Supply from a "hold" rating to a "sell" rating in a report on Saturday, February 21st. Zacks Research upgraded shares of Tractor Supply from a "strong sell" rating to a "hold" rating in a report on Monday. Finally, Piper Sandler dropped their price objective on shares of Tractor Supply from $59.00 to $51.00 and set an "overweight" rating on the stock in a report on Wednesday. Fifteen analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $49.08.

Tractor Supply Stock Down 3.5%

Shares of NASDAQ:TSCO traded down $1.32 during trading on Thursday, reaching $36.85. 7,232,407 shares of the company traded hands, compared to its average volume of 7,320,823. The firm has a fifty day simple moving average of $47.59 and a 200 day simple moving average of $51.34. The firm has a market cap of $19.38 billion, a P/E ratio of 18.08, a price-to-earnings-growth ratio of 2.09 and a beta of 0.75. Tractor Supply has a 1-year low of $36.86 and a 1-year high of $63.99. 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 - Get Free Report) last released its quarterly earnings data 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). 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 period in the previous year, the firm posted $0.34 EPS. The firm's revenue for the quarter was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Analysts anticipate that Tractor Supply will post 2.17 earnings per share for the current fiscal year.

Insider Activity at Tractor Supply

In related news, EVP Robert D. Mills sold 62,950 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $54.12, for a total value of $3,406,854.00. Following the transaction, the executive vice president directly owned 122,834 shares in the company, valued at $6,647,776.08. This represents a 33.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Colin Yankee sold 11,170 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $55.35, for a total transaction of $618,259.50. Following the completion of the transaction, the executive vice president owned 45,515 shares in the company, valued at $2,519,255.25. This represents a 19.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 222,348 shares of company stock worth $11,959,621 over the last 90 days. Insiders own 0.64% of the company's stock.

Hedge Funds Weigh In On Tractor Supply

Several large investors have recently bought and sold shares of the business. Financial Network Wealth Advisors LLC lifted its holdings in Tractor Supply by 8.0% in the third quarter. Financial Network Wealth Advisors LLC now owns 2,465 shares of the specialty retailer's stock valued at $140,000 after buying an additional 182 shares during the period. Advyzon Investment Management LLC lifted its holdings in Tractor Supply by 4.3% in the fourth quarter. Advyzon Investment Management LLC now owns 4,462 shares of the specialty retailer's stock valued at $223,000 after buying an additional 183 shares during the period. Perigon Wealth Management LLC lifted its holdings in Tractor Supply by 0.6% in the third quarter. Perigon Wealth Management LLC now owns 34,036 shares of the specialty retailer's stock valued at $1,936,000 after buying an additional 200 shares during the period. Field & Main Bank lifted its holdings in 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 buying an additional 200 shares during the period. Finally, Oak Thistle LLC raised its holdings in Tractor Supply by 0.9% in the fourth 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. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting 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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