Citigroup Has Lowered Expectations for Tractor Supply (NASDAQ:TSCO) Stock Price

Tractor Supply (NASDAQ:TSCO) had its target price dropped by analysts at Citigroup from $55.00 to $46.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the specialty retailer’s stock. Citigroup’s target price indicates a potential upside of 25.26% from the company’s previous close.

TSCO has been the subject of several other research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Tractor Supply in a research note on Monday, December 29th. Piper Sandler lowered their price objective on shares of Tractor Supply from $59.00 to $51.00 and set an “overweight” rating for the company in a research note on Wednesday. Jefferies Financial Group reissued a “buy” rating and issued a $51.00 price objective on shares of Tractor Supply in a research note on Tuesday. Robert W. Baird set a $60.00 price objective on shares of Tractor Supply and gave the company an “outperform” rating in a research note on Friday, April 17th. Finally, Wolfe Research reissued an “outperform” rating and issued a $57.00 price objective on shares of Tractor Supply in a research note on Friday, January 30th. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $49.08.

Tractor Supply Trading Down 3.8%

NASDAQ TSCO opened at $36.73 on Thursday. The firm has a 50 day simple moving average of $47.22 and a 200-day simple moving average of $51.22. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. Tractor Supply has a one year low of $36.60 and a one year high of $63.99. The firm has a market cap of $19.32 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 2.18 and a beta of 0.75.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 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 analysts’ expectations of $3.64 billion. During the same period in the previous year, the business posted $0.34 EPS. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Equities research analysts anticipate that Tractor Supply will post 2.16 EPS for the current fiscal year.

Insider Transactions at Tractor Supply

In related news, CFO Kurt D. Barton sold 1,884 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $53.81, for a total value of $101,378.04. Following the sale, the chief financial officer owned 52,562 shares of the company’s stock, valued at $2,828,361.22. This trade represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Robert D. Mills sold 62,950 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $54.12, for a total transaction of $3,406,854.00. Following the completion of the sale, the executive vice president directly owned 122,834 shares in the company, valued at approximately $6,647,776.08. This trade represents a 33.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 222,348 shares of company stock valued at $11,959,621 over the last quarter. Insiders own 0.64% of the company’s stock.

Institutional Trading of Tractor Supply

Several hedge funds have recently added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new position in Tractor Supply in the fourth quarter valued at approximately $25,000. Reflection Asset Management purchased a new position in Tractor Supply in the fourth quarter valued at approximately $26,000. Aventura Private Wealth LLC purchased a new position in Tractor Supply in the fourth quarter valued at approximately $27,000. Core Wealth Advisors LLC purchased a new position in Tractor Supply in the fourth quarter valued at approximately $27,000. Finally, Bayban purchased a new position in Tractor Supply in the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Key Headlines Impacting Tractor Supply

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

• Positive Sentiment: Management reiterated FY2026 guidance and highlighted continued store expansion (40 new stores) and double‑digit digital sales growth, which investors can view as evidence of underlying sales initiatives and long‑term growth levers. Tractor Supply Co (TSCO) Q1 2026 Earnings Call Highlights: Record Store Openings and Digital …
• Positive Sentiment: Several firms kept constructive ratings (buy/outperform) even while lowering targets — e.g., Goldman Sachs (buy, PT trimmed to $55) and Raymond James/BNP Paribas maintained upside views — signaling some analysts still see material upside at depressed prices. Goldman Sachs adjusts price target on Tractor Supply to 55 from 59, maintains buy rating
• Neutral Sentiment: Some coverage frames TSCO as a relative value option vs. peers (e.g., Petco/WOOF), which may attract value/dividend investors if the price weakness persists. WOOF vs TSCO: Which Stock Is the Better Value Option?
• Neutral Sentiment: With the share decline, TSCO’s dividend yield has increased, prompting some investors to call it oversold and a potential income/value play — a longer‑horizon catalyst for some buyers. This Dividend Stock Is Getting Crushed. But With Its Dividend Yield Crossing 2.4%, Is It Time to Buy?
• Negative Sentiment: Q1 results disappointed: EPS $0.31 vs. $0.35 expected and revenue $3.59B vs. $3.64B expected; same‑store sales were essentially flat, which directly triggered the selloff. Why Tractor Supply (TSCO) Is Down 12.1% After Q1 Earnings Miss and Flat Same-Store Sales
• Negative Sentiment: Major brokerages moved quickly to cut price targets (many on 4/24) and issued more cautious notes — a coordinated analyst reset that amplifies selling pressure and reduces near‑term conviction. Representative cuts include Barclays, JPMorgan, UBS and others. Barclays adjusts price target on Tractor Supply to 44 from 51, maintains equalweight rating
• Negative Sentiment: The stock hit a new one‑year low and saw elevated trading volume following the miss and analyst reactions — technical weakness that can prolong downward pressure until fresh positive catalysts emerge. Tractor Supply (NASDAQ:TSCO) Sets New 1-Year Low After Earnings Miss

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.