Tractor Supply (NASDAQ:TSCO) Price Target Cut to $45.00 by Analysts at Evercore

Tractor Supply (NASDAQ:TSCO) had its price objective cut by research analysts at Evercore from $50.00 to $45.00 in a research note issued to investors on Tuesday,MarketScreener reports. The firm currently has an “outperform” rating on the specialty retailer’s stock. Evercore’s target price would indicate a potential upside of 41.40% from the stock’s current price.

Several other research analysts have also issued reports on TSCO. Robert W. Baird set a $60.00 target price on Tractor Supply and gave the company an “outperform” rating in a research report on Friday, April 17th. JPMorgan Chase & Co. cut their price target on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Loop Capital cut their target price on shares of Tractor Supply from $51.00 to $41.00 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Mizuho cut their price target on Tractor Supply from $58.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Finally, Morgan Stanley reduced their price objective on shares of Tractor Supply from $57.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 22nd. Fourteen analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $47.19.

Tractor Supply Stock Up 0.3%

Tractor Supply stock traded up $0.11 during mid-day trading on Tuesday, reaching $31.83. 1,519,808 shares of the company were exchanged, compared to its average volume of 8,413,710. The firm has a market cap of $16.69 billion, a P/E ratio of 15.63, a PEG ratio of 1.76 and a beta of 0.51. 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 12-month low of $29.42 and a 12-month high of $63.99. The business has a fifty day moving average of $41.62 and a 200 day moving average of $48.91.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.34 earnings per share. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. Research analysts anticipate that Tractor Supply will post 2.14 earnings per share for the current fiscal year.

Institutional Trading of Tractor Supply

Institutional investors have recently added to or reduced their stakes in the stock. Garner Asset Management Corp acquired a new stake in shares of Tractor Supply in the fourth quarter valued at $25,000. Reflection Asset Management purchased a new stake in shares of Tractor Supply during the fourth quarter worth approximately $26,000. Aventura Private Wealth LLC acquired a new stake in shares of Tractor Supply in the 4th quarter valued at $27,000. Core Wealth Advisors LLC acquired a new stake in Tractor Supply in the fourth quarter valued at $27,000. Finally, Bayban acquired a new stake in shares of Tractor Supply during the 4th quarter worth about $28,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

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.