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TSCO

Tractor Supply

NASDAQConsumer DiscretionarySpecialty RetailSnapshot 2026-05-08

$30.65-3.43%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, TSCO has a composite score of 6.0 and a signal label of "mixed." The score reflects medium confidence at 74.8, with elevated risk due to a momentum score of -38.7. Key drivers include macroeconomic factors such as growth, rates, inflation, and labor, while sector trends and guidance changes could lead to both favorable and unfavorable scenarios. This analysis is provisional.

Composite +6.0as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.02
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
249578343298
F2 · Value
cheap
Cheapest 10% of consumer discretionary cohort
Why this rank
Price
$30.65
TTM EPS
$3.88
Earnings yield
12.7%
P/E (TTM)
7.9

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
1,096
TTM CFO ($M)
1,635
CFO/NI
1.49
L2

Watch

has something changed worth re-reading?
F4 · Management stability
stable
Top 30% activity in consumer discretionary cohort· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
bearish6 PT revisions / 30d, avg 27.1% above currentfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $0.87 → $0.86 (-1.1% / 30d). 1 raised, 14 cut, 21 covering analysts.

Rating actions

0 upgrades, 1 downgrade / 30d, 16 maintained. 55% of analysts rate Buy.

Price target activity

6 PT revisions / 30d. Avg target 27.1% above current price.

Material events

0 positive, 1 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

2 material events in the last 24 months — top 2 listed below.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Reaffirm full-year guidancegrowthmixed65% progress
    4/21: The Company reaffirmed guidance for the results of operations expected for the full fiscal year ending December 26, 2026.
    Why this status

    Stated in 2 of last 2 quarters. Revenue guidance reaffirmed at $1.11B to $1.17B for 2026. Despite an earnings miss in 2026-Q1, management maintains confidence in achieving full-year targets, indicating persistent focus but limited substantive delivery so far.

  2. 2.Maintain operating margin ratecostbehind0% progress
    4/21: Operating Margin Rate ‘ 9.3% to 9.6%
    Why this status

    Stated in 2 of last 2 quarters. Operating margin guidance set at 9.3% to 9.6% for 2026. Despite the focus, the operating income decreased from $318M in 2024-Q4 to $297M in 2025-Q4, indicating limited progress in maintaining margins.

  3. 3.Plan capital expenditurescapital allocationmixed30% progressprovisional
    1/29: Capital Expenditures, Net of Sale Leaseback Proceeds ‘ $675 million to $725 million
    Why this status

    Newly stated in 2026-Q1. Capex guidance set at $675M to $725M for 2026. The focus on capital allocation is clear, but with cash from operations fluctuating significantly, the ability to meet this target remains uncertain.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −51%, typical day ±1.2%
Why this risk level

Recent vol — 30d annualized 47%; 252d 30%.

Drawdown — Max 1y −51%. Bad day move −3%.

Beta to sector ETF (XLY) 0.04 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 50/100, drawdown 0/100, beta 4/100, earnings vol .

Sector regime
headwind-4.8%sector vs S&P 500, 60d

via XLY

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite50.8 / 100
Capital allocation54
Earnings discipline62
Margin discipline41
Balance sheet41
Guidance credibility
Post-call reaction45
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Reaffirm full-year guidance

    GrowthNew since 2026-05-04

    Maintain confidence in achieving the full-year financial targets despite recent challenges.

    On trackMixed

    Stated in 2 of last 2 quarters. Revenue guidance reaffirmed at $1.11B to $1.17B for 2026. Despite an earnings miss in 2026-Q1, management maintains confidence in achieving full-year targets, indicating persistent focus but limited substantive delivery so far.

    65%
    CEO/CFO:The Company reaffirmed guidance for the results of operations expected for the full fiscal year ending December 26, 2026.
    Press releaseSource dated 2026-04-21Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Press release

      The Company reaffirmed guidance for the results of operations expected for the full fiscal year ending December 26, 2026.

    • 2025-Q4Multiple sources

      Tractor Supply is updating its guidance for fiscal year 2025...

  • #2

    Maintain operating margin rate

    CostNew since 2026-05-04

    Focus on sustaining the operating margin rate within the guided range.

    Behind

    Stated in 2 of last 2 quarters. Operating margin guidance set at 9.3% to 9.6% for 2026. Despite the focus, the operating income decreased from $318M in 2024-Q4 to $297M in 2025-Q4, indicating limited progress in maintaining margins.

    0%
    CEO/CFO:Operating Margin Rate ‘ 9.3% to 9.6%
    Multiple sourcesSource dated 2026-04-21Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Multiple sources

      Operating Margin Rate ‘ 9.3% to 9.6%

    • 2025-Q4Multiple sources

      Operating Margin Rate 9.5% to 9.9%

  • #3

    Plan capital expenditures

    Capital allocationNew since 2026-05-04

    Allocate capital expenditures effectively within the guided range.

    BehindMixed

    Newly stated in 2026-Q1. Capex guidance set at $675M to $725M for 2026. The focus on capital allocation is clear, but with cash from operations fluctuating significantly, the ability to meet this target remains uncertain.

    30%
    CEO/CFO:Capital Expenditures, Net of Sale Leaseback Proceeds ‘ $675 million to $725 million
    Multiple sourcesSource dated 2026-01-29Stated 1 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (1)
    • 2026-Q1Multiple sources

      Capital Expenditures, Net of Sale Leaseback Proceeds ‘ $675 million to $725 million

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
65higher = cheaper

Roughly priced in line with peers.

Compared to its own history
92higher = cheaper

Cheaper than its own typical valuation.

P/E
15.6x
EV/EBITDA
8.2x
FCF yield
3.5%

P/E over the last 5 years

71 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
TSCO
Tractor Supply
+6.0inexpensiveelevated
AMZN
Amazon
+16fullmoderate
TSLA
Tesla, Inc.
+0.4expensiveelevated
HD
Home Depot (The)
+14fullmoderate
CVNA
Carvana
+14high
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.2%
A bad day (95th %ile)
A rough but not unusual down day.
-3.0%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-50.6%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If consumer_discretionary sector trend rises from +0.10 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently REAFFIRMED as of 2026-04-21)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently REAFFIRMED as of 2026-04-21)-8.0 pts
  • If consumer_discretionary sector trend falls from +0.10 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2117d agoItem 2.02

    Results of Operations and Financial Condition. On April 21, 2026, Tractor Supply Company (the "Company") issued a press release reporting its results of operations for the first quarter ended March 28, 2026. Additionally, the Company reaffirmed guidance for the results of operations expected for the full fiscal year ending December 26, 2026. A copy of the press release is furnished herewith as Exhibit 99.1.

    earnings preannouncementnegativescore 53
  2. 2026-02-112mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 10, 2026, the Board of Directors of Tractor Supply Company (the "Company") appointed Sonia Syngal as an independent member of its Board of Directors, effective immediately. Ms. Syngal's initial term will expire on the date of the Company's 2026 Annual Meeting of Shareholders. Ms. Syngal qualifies as an independent director within the me…

    executive changeneutralscore 8
  3. 2026-02-112mo agoItem 8.01

    Other Events. On February 11, 2026, the Company issued the press release furnished herewith as Exhibit 99.1 announcing both the appointment of Ms. Syngal as a director and the Company's declaration of a cash dividend of $0.24 per share of outstanding common stock payable March 10, 2026, to stockholders of record as of the close of business on February 24, 2026.

    capital allocationneutralscore 7
  4. 2026-01-293mo agoItem 2.02

    Results of Operations and Financial Condition. On January 29, 2026 , Tractor Supply Company (the "Company") issued a press release reporting its results of operations for the fourth quarter and fiscal year ended December 27, 2025. Additionally, the Company provided guidance for the results of operations expected for the full fiscal year ending December 26, 2026. A copy of the press release is furnished herewith as Exhibit 99.1.

    earnings preannouncementneutralscore 7
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-19 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.