BNP Paribas Exane Issues Positive Forecast for Tractor Supply (NASDAQ:TSCO) Stock Price

Tractor Supply (NASDAQ:TSCO) had its target price raised by equities researchers at BNP Paribas Exane from $34.00 to $38.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an “outperform” rating on the specialty retailer’s stock. BNP Paribas Exane‘s price objective would indicate a potential upside of 9.42% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the stock. Zacks Research raised shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Piper Sandler reissued a “neutral” rating and set a $33.00 price objective (up from $31.00) on shares of Tractor Supply in a report on Monday. Wall Street Zen lowered Tractor Supply from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. The Goldman Sachs Group reiterated a “buy” rating and issued a $38.00 target price (down from $43.00) on shares of Tractor Supply in a research report on Friday, July 24th. Finally, TD Cowen restated a “hold” rating on shares of Tractor Supply in a report on Friday. Thirteen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $38.81.

Tractor Supply Price Performance

Shares of Tractor Supply stock opened at $34.73 on Friday. The stock’s 50-day simple moving average is $33.56 and its 200-day simple moving average is $33.40. Tractor Supply has a 52 week low of $28.36 and a 52 week high of $58.21. The company has a market capitalization of $18.21 billion, a price-to-earnings ratio of 18.09, a PEG ratio of 2.11 and a beta of 0.52. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.83.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Thursday, October 22nd. The specialty retailer reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%. The company had revenue of $3.91 billion for the quarter, compared to analysts’ expectations of $3.82 billion. During the same period in the previous year, the firm earned $0.49 EPS. The firm’s revenue was up 5.1% compared to the same quarter last year. As a group, analysts expect that Tractor Supply will post 1.94 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Harry A. Lawton III acquired 15,600 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average price of $32.15 per share, with a total value of $501,540.00. Following the acquisition, the chief executive officer directly owned 15,600 shares in the company, valued at $501,540. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Edna Morris purchased 1,560 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was bought at an average cost of $32.44 per share, with a total value of $50,606.40. Following the completion of the acquisition, the director directly owned 279,720 shares of the company’s stock, valued at $9,074,116.80. This trade represents a 0.56% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 20,310 shares of company stock valued at $652,411 over the last quarter. 0.64% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TSCO. IFP Advisors Inc increased its holdings in Tractor Supply by 423.8% in the 2nd quarter. IFP Advisors Inc now owns 36,280 shares of the specialty retailer’s stock worth $1,147,000 after acquiring an additional 29,354 shares in the last quarter. Tidal Investments LLC grew its position in shares of Tractor Supply by 71.9% in the second quarter. Tidal Investments LLC now owns 172,799 shares of the specialty retailer’s stock valued at $5,462,000 after purchasing an additional 72,284 shares during the period. TimesSquare Capital Management LLC purchased a new stake in shares of Tractor Supply during the second quarter worth about $28,733,000. Nykredit A S acquired a new position in shares of Tractor Supply during the 2nd quarter worth about $6,691,000. Finally, BlackRock Inc. purchased a new position in Tractor Supply in the 2nd quarter valued at about $1,500,967,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Key Tractor Supply News

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

• Positive Sentiment: Third-quarter adjusted earnings were $0.43 per share, above the $0.41 analyst consensus, while revenue increased 5.1% year over year to $3.91 billion, exceeding estimates of $3.82 billion. Tractor Supply Company Reports Third Quarter 2026 Financial Results; Reaffirms Fiscal Year 2026 Outlook
• Positive Sentiment: Comparable-store sales rose 0.4% and improved sequentially, suggesting demand may be stabilizing after a difficult period for the retailer. Tractor Supply says comparable sales improved sequentially in Q3
• Positive Sentiment: Management reaffirmed its fiscal 2026 outlook, reducing the risk of another near-term guidance cut. Tractor Supply Reaffirms FY26 Outlook
• Positive Sentiment: Tractor Supply plans to reinvest about 40% of $100 million in tariff refunds into lower prices and is targeting $75 million in annual SG&A savings over 2027–2028. Capital spending is expected to remain below 4% of sales in 2027, supporting cash flow. Tractor Supply outlines capex and SG&A reductions
• Neutral Sentiment: The company expects to open 90 stores in 2027, including larger garden centers, signaling continued expansion but also requiring execution and investment. Tractor Supply Company opening 90 new stores in 2027
• Negative Sentiment: Profitability weakened: quarterly earnings fell 11.6% from $0.49 per share a year earlier as higher costs and price reductions pressured margins. Tractor Supply Q3 Earnings Beat on Sales Growth, Margins Fall
• Negative Sentiment: The $34 price target from Truist, even after being raised, implies limited upside relative to the shares’ current trading level and reflects lingering concerns about the recovery. Truist raises Tractor Supply price target to $34

About Tractor Supply

Tractor Supply Company (NASDAQ:TSCO) is a specialty retailer serving the needs of farmers, ranchers, hobby farmers, pet owners, gardeners and other rural lifestyle customers. The company operates under the Tractor Supply banner and focuses on products that support everyday rural living, land maintenance and animal care.

Its merchandise includes livestock and pet feed, animal health and care products, fencing, hardware, tools, power equipment, lawn and garden supplies, work clothing, footwear, automotive products and seasonal goods.