JPMorgan Chase & Co. Cuts Tractor Supply (NASDAQ:TSCO) Price Target to $59.00

Tractor Supply (NASDAQ:TSCO) had its target price cut by equities research analysts at JPMorgan Chase & Co. from $62.00 to $59.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the specialty retailer’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 15.96% from the company’s previous close.

Several other brokerages also recently weighed in on TSCO. Mizuho reduced their price target on Tractor Supply from $65.00 to $58.00 and set an “outperform” rating for the company in a report on Friday. Guggenheim reissued a “buy” rating and set a $65.00 price target on shares of Tractor Supply in a research note on Thursday, January 22nd. Morgan Stanley dropped their price objective on shares of Tractor Supply from $60.00 to $57.00 and set an “equal weight” rating on the stock in a research note on Friday. TD Cowen decreased their price target on Tractor Supply from $55.00 to $53.00 and set a “hold” rating for the company in a research note on Friday. Finally, DA Davidson reaffirmed a “buy” rating and issued a $60.00 price target on shares of Tractor Supply in a report on Friday. Fourteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $59.77.

Tractor Supply Stock Down 0.2%

NASDAQ:TSCO traded down $0.08 on Friday, hitting $50.88. The stock had a trading volume of 18,195,518 shares, compared to its average volume of 9,158,209. The stock has a market cap of $26.88 billion, a P/E ratio of 24.46, a price-to-earnings-growth ratio of 2.58 and a beta of 0.74. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.14 and a current ratio of 1.30. Tractor Supply has a 1 year low of $46.85 and a 1 year high of $63.99. The firm’s fifty day simple moving average is $52.34 and its two-hundred day simple moving average is $55.73.

Tractor Supply (NASDAQ:TSCO) last posted its earnings results on Thursday, January 29th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.03). Tractor Supply had a return on equity of 46.18% and a net margin of 7.18%.The company had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $4.03 billion. During the same quarter in the prior year, the company earned $0.44 EPS. The company’s revenue was up 3.3% on a year-over-year basis. Analysts predict that Tractor Supply will post 2.17 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TSCO. Invesco Ltd. grew its stake in Tractor Supply by 123.4% in the second quarter. Invesco Ltd. now owns 15,079,313 shares of the specialty retailer’s stock valued at $795,735,000 after purchasing an additional 8,329,462 shares in the last quarter. Norges Bank bought a new position in Tractor Supply in the second quarter valued at approximately $274,959,000. Victory Capital Management Inc. raised its position in shares of Tractor Supply by 719.1% during the third quarter. Victory Capital Management Inc. now owns 4,508,661 shares of the specialty retailer’s stock worth $256,408,000 after purchasing an additional 3,958,205 shares during the period. Select Equity Group L.P. boosted its position in Tractor Supply by 41.9% during the 2nd quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock worth $670,887,000 after acquiring an additional 3,753,414 shares during the last quarter. Finally, APG Asset Management N.V. boosted its holdings in shares of Tractor Supply by 505.1% in the 3rd quarter. APG Asset Management N.V. now owns 4,329,556 shares of the specialty retailer’s stock valued at $246,222,000 after buying an additional 3,614,097 shares during the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

Tractor Supply News Roundup

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

• Positive Sentiment: Citi reaffirmed a Buy and kept a $61 price target, arguing margin pressure is transitory and positioning the recent pullback as a buying opportunity. Reaffirming Buy on Tractor Supply
• Positive Sentiment: Mizuho trimmed its price target to $58 but kept an Outperform rating, signaling confidence in recovery despite near-term headwinds. Mizuho PT Cut
• Positive Sentiment: Piper Sandler lowered its target to $59 but kept an Overweight rating, reflecting continued conviction in Tractor Supply’s multi-year growth, store expansion and capital returns. Piper Sandler PT Cut
• Neutral Sentiment: The Tractor Supply Company Foundation donated $250,000 for winter-storm recovery in Middle Tennessee — positive PR and community support but unlikely to move near-term fundamentals. Donation Announcement
• Neutral Sentiment: MarketBeat noted long-term strengths (store growth, buybacks/dividends) and argued the company can recover over the year; useful context for buy-and-hold investors but does not change near-term earnings pressure. MarketBeat Long-Term View
• Negative Sentiment: Q4 results missed consensus (EPS and revenue) and management pointed to softer discretionary demand, tariff- and logistics-driven margin pressure; the company’s FY2026 EPS guide (2.13–2.23 vs. ~2.31 consensus) and revenue guide came in below expectations, prompting investor nervousness. Earnings & Guidance
• Negative Sentiment: Several firms trimmed price targets and some lowered ratings to Hold/Equal Weight (TD Cowen to $53, Morgan Stanley to $57); broader analyst forecast cuts and headlines about margin pressure have driven near-term selling. Analyst PT Updates
• Negative Sentiment: Market reaction included a sharp post-release slide as investors priced in weaker comps and margins; watch next-quarter traffic and margin commentary plus guidance execution for the stock’s near-term direction. Shares Slide Coverage

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.