Tractor Supply (NASDAQ:TSCO) Hits New 1-Year Low – Here’s What Happened

Tractor Supply Company (NASDAQ:TSCO)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $30.50 and last traded at $30.7010, with a volume of 463179 shares changing hands. The stock had previously closed at $30.65.

Analyst Ratings Changes

Several research analysts have recently issued reports on TSCO shares. Argus cut their price target on Tractor Supply from $64.00 to $50.00 and set a “buy” rating for the company in a research note on Monday, April 27th. The Goldman Sachs Group cut their price target on Tractor Supply from $59.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Morgan Stanley cut their price target on Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 22nd. UBS Group cut their price target on Tractor Supply from $55.00 to $44.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Finally, Weiss Ratings downgraded Tractor Supply from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday. Fourteen investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $47.38.

Tractor Supply Stock Performance

The company’s fifty day moving average price is $43.27 and its two-hundred day moving average price is $49.63. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. The firm has a market capitalization of $16.04 billion, a PE ratio of 15.00, a price-to-earnings-growth ratio of 1.74 and a beta of 0.51.

Tractor Supply (NASDAQ:TSCO) last released its earnings results 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 return on equity of 42.58% and a net margin of 6.91%.The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period in the prior year, the business posted $0.34 earnings per share. 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 analysts expect that Tractor Supply Company will post 2.14 earnings per share for the current year.

Insider Activity

In other news, EVP Colin Yankee sold 11,170 shares of the business’s stock in a transaction 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 transaction, the executive vice president directly owned 45,515 shares of the company’s stock, valued at approximately $2,519,255.25. The trade was a 19.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.64% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP lifted its position in shares of Tractor Supply by 1.6% during the third quarter. Wellington Management Group LLP now owns 25,931,699 shares of the specialty retailer’s stock worth $1,474,736,000 after purchasing an additional 420,731 shares in the last quarter. Capital International Investors lifted its position in shares of Tractor Supply by 3.9% during the fourth quarter. Capital International Investors now owns 24,279,046 shares of the specialty retailer’s stock worth $1,214,390,000 after purchasing an additional 902,659 shares in the last quarter. State Street Corp lifted its position in shares of Tractor Supply by 0.7% during the fourth quarter. State Street Corp now owns 23,051,776 shares of the specialty retailer’s stock worth $1,152,819,000 after purchasing an additional 162,774 shares in the last quarter. Invesco Ltd. lifted its position in shares of Tractor Supply by 18.4% during the fourth quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock worth $871,855,000 after purchasing an additional 2,706,819 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Tractor Supply by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 15,873,514 shares of the specialty retailer’s stock worth $791,703,000 after purchasing an additional 184,457 shares in the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

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.