Tractor Supply (NASDAQ:TSCO) Price Target Cut to $55.00 by Analysts at The Goldman Sachs Group

Key Points

• Goldman Sachs cut its price target on Tractor Supply to $55 from $59 while maintaining a "buy" rating, implying about a 49% upside from the stock's then-current price.
• Tractor Supply reported a Q1 miss (EPS $0.31 vs. $0.35 expected; revenue $3.59B vs. $3.64B), posted flat same-store sales, and the stock fell to a roughly one-year low amid broad analyst target cuts and selling pressure.
• Insiders have sold roughly 222,348 shares (~$12.0M) over the last three months; the analyst consensus remains a "Moderate Buy" with an average price target of $49.08.

Tractor Supply (NASDAQ:TSCO - Get Free Report) had its target price decreased by investment analysts at The Goldman Sachs Group from $59.00 to $55.00 in a research note issued to investors on Wednesday,MarketScreener reports. The brokerage currently has a "buy" rating on the specialty retailer's stock. The Goldman Sachs Group's target price suggests a potential upside of 49.27% from the company's current price.

Other research analysts have also issued reports about the stock. Argus cut their price objective on shares of Tractor Supply from $67.00 to $64.00 and set a "buy" rating on the stock in a report on Monday, February 2nd. DA Davidson cut their price target on shares of Tractor Supply from $60.00 to $50.00 and set a "buy" rating on the stock in a report on Wednesday. BNP Paribas Exane cut their price target on shares of Tractor Supply from $58.00 to $45.00 and set an "outperform" rating on the stock in a report on Wednesday. Piper Sandler cut their price target on shares of Tractor Supply from $59.00 to $51.00 and set an "overweight" rating on the stock in a report on Wednesday. Finally, Robert W. Baird set a $60.00 price target on shares of Tractor Supply and gave the company an "outperform" rating in a report on Friday, April 17th. Fifteen analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $49.08.

Tractor Supply Trading Down 3.5%

Shares of TSCO stock traded down $1.32 during trading hours on Wednesday, hitting $36.85. 7,232,407 shares of the company were exchanged, compared to its average volume of 7,320,823. 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 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. The firm has a fifty day moving average of $47.59 and a 200 day moving average of $51.34.

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

Insider Buying and Selling

In other Tractor Supply news, 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 value of $618,259.50. Following the completion of the sale, the executive vice president owned 45,515 shares of the company's stock, valued at $2,519,255.25. This trade represents a 19.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jonathan S. Estep sold 59,745 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were 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 of the company's stock, valued at $4,372,701.93. This trade represents a 42.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 222,348 shares of company stock valued at $11,959,621 over the last three months. Company insiders own 0.64% of the company's stock.

Institutional Trading of Tractor Supply

Large investors have recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new stake in Tractor Supply in the third quarter valued at approximately $28,000. Garner Asset Management Corp acquired a new stake in Tractor Supply in the fourth quarter valued at approximately $25,000. Reflection Asset Management acquired a new stake in Tractor Supply in the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC acquired a new stake in Tractor Supply in the fourth quarter valued at approximately $27,000. Finally, Aventura Private Wealth LLC acquired a new stake in Tractor Supply in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 98.72% of the company's stock.

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

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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