JPMorgan Chase & Co. Has Lowered Expectations for Tractor Supply (NASDAQ:TSCO) Stock Price

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

Several other equities analysts also recently weighed in on the company. Citigroup reissued a “buy” rating and set a $61.00 price target (down previously from $66.00) on shares of Tractor Supply in a research report on Friday, January 16th. DA Davidson reaffirmed a “buy” rating and set a $60.00 price objective on shares of Tractor Supply in a research note on Friday. Gordon Haskett cut Tractor Supply from an “accumulate” rating to a “hold” rating and dropped their price objective for the stock from $57.00 to $50.00 in a research report on Thursday, January 8th. Guggenheim reissued a “buy” rating and issued a $65.00 target price on shares of Tractor Supply in a research note on Thursday, January 22nd. Finally, Stephens set a $53.00 target price on shares of Tractor Supply and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Tractor Supply currently has a consensus rating of “Moderate Buy” and an average target price of $59.59.

Tractor Supply Stock Performance

Shares of TSCO opened at $50.88 on Friday. Tractor Supply has a 12-month low of $46.85 and a 12-month high of $63.99. The stock has a market cap of $26.88 billion, a P/E ratio of 24.58, a PEG ratio of 2.39 and a beta of 0.74. The company has a current ratio of 1.34, a quick ratio of 0.14 and a debt-to-equity ratio of 0.70. The company has a 50-day moving average of $52.30 and a two-hundred day moving average of $55.68.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, January 29th. The specialty retailer reported $0.43 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.03). Tractor Supply had a net margin of 7.06% and a return on equity of 44.36%. The business had revenue of $3.90 billion during the quarter, compared to analyst estimates of $4.03 billion. During the same quarter in the prior year, the company earned $0.44 earnings per share. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. As a group, research analysts predict that Tractor Supply will post 2.17 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. GPS Wealth Strategies Group LLC lifted its holdings in shares of Tractor Supply by 1.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 17,908 shares of the specialty retailer’s stock valued at $945,000 after acquiring an additional 175 shares in the last quarter. Financial Network Wealth Advisors LLC raised its position 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 purchasing an additional 182 shares during the period. Mount Vernon Associates Inc. MD lifted its stake in shares of Tractor Supply by 0.3% during the second quarter. Mount Vernon Associates Inc. MD now owns 67,570 shares of the specialty retailer’s stock worth $3,566,000 after purchasing an additional 200 shares in the last quarter. Perigon Wealth Management LLC lifted its stake in shares of Tractor Supply by 0.6% during the third quarter. Perigon Wealth Management LLC now owns 34,036 shares of the specialty retailer’s stock worth $1,936,000 after purchasing an additional 200 shares in the last quarter. Finally, Field & Main Bank boosted its position in shares of Tractor Supply by 1.1% in the fourth quarter. Field & Main Bank now owns 18,835 shares of the specialty retailer’s stock worth $942,000 after buying an additional 200 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Tractor Supply

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

• Positive Sentiment: Company signals ongoing capital returns and store expansion: Tractor Supply highlighted continued dividend growth (15 consecutive years of increases), raised buyback plans (guidance ~ $400M for 2026) and added stores (32 in the quarter, +100 Y/Y), supporting long‑term cash return and growth thesis. MarketBeat: Tractor Supply Company Can Plow New Highs in 2026
• Positive Sentiment: Some analysts reaffirm buys or keep above‑market targets, arguing weakness is transitory: DA Davidson reiterated a Buy with a $60 PT and Citi reaffirmed Buy at $61, citing normalization of sales and margin recovery potential. Street Insider: DA Davidson reiterates Buy
• Neutral Sentiment: Corporate and community actions: Tractor Supply Foundation donated $250,000 to Middle Tennessee winter storm recovery — modest reputational/PR positive but unlikely to move the stock materially. BusinessWire: Foundation donation
• Neutral Sentiment: Earnings call/transcript available: Management described headwinds (discretionary pullback, tariffs, delivery costs) and plans to drive traffic via store modernizations — useful for modeling but not an immediate catalyst. InsiderMonkey: Q4 earnings call transcript
• Negative Sentiment: Q4 results missed on EPS and revenue: TSCO reported $0.43 EPS vs. $0.46 expected and $3.90B revenue vs. $4.03B expected; comps rose only 0.3% and margin pressure was cited (tariffs, freight). This is the primary near‑term driver of today’s weakness. MarketBeat: Q4 results and press release
• Negative Sentiment: FY‑2026 guidance came in below consensus: management guided EPS $2.13–$2.23 (consensus ~ $2.31) and revenue around $16.1–$16.5B (vs. ~$16.6B consensus), prompting analyst reassessments. BusinessWire: Q4 results & FY2026 outlook
• Negative Sentiment: Multiple analyst price‑target cuts and some rating trims: JPMorgan cut its PT to $59 and set Neutral, Morgan Stanley trimmed to $57 (Equal Weight), TD Cowen cut to $53 (Hold), and other shops lowered PTs — adding selling pressure and dampening near‑term sentiment. TickerReport / Benzinga coverage of analyst action
• Negative Sentiment: Industry headwinds cited: management and coverage note discretionary spending pullback and tariff/delivery cost pressure that compressed margins — a risk to near‑term profitability until sales mix or margins improve. Benzinga: Discretionary spending & tariffs

About Tractor Supply

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.