Tyson Foods, Inc. (NYSE:TSN) Given Average Rating of “Hold” by Analysts

Tyson Foods, Inc. (NYSE:TSN) has been given a consensus recommendation of “Hold” by the eleven brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $74.00.

Separately, Stephens increased their price target on shares of Tyson Foods from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, April 15th.

Shares of NYSE TSN opened at $79.04 on Friday. The firm has a market capitalization of $28.85 billion, a PE ratio of 13.49, a price-to-earnings-growth ratio of 3.58 and a beta of 0.76. The firm’s 50-day moving average is $75.72 and its 200-day moving average is $66.81. The company has a current ratio of 1.86, a quick ratio of 0.88 and a debt-to-equity ratio of 0.69. Tyson Foods has a 1 year low of $54.28 and a 1 year high of $79.77.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Thursday, February 11th. The company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.45. The business had revenue of $10.46 billion for the quarter, compared to the consensus estimate of $11.08 billion. Tyson Foods had a net margin of 4.96% and a return on equity of 13.79%. During the same period last year, the company posted $1.66 EPS. As a group, equities research analysts anticipate that Tyson Foods will post 5.57 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 15th. Shareholders of record on Tuesday, June 1st will be issued a dividend of $0.445 per share. The ex-dividend date of this dividend is Friday, May 28th. This represents a $1.78 annualized dividend and a yield of 2.25%. Tyson Foods’s dividend payout ratio (DPR) is currently 31.56%.

In other news, insider Shane Miller sold 5,000 shares of Tyson Foods stock in a transaction that occurred on Thursday, March 18th. The shares were sold at an average price of $77.00, for a total value of $385,000.00. Following the sale, the insider now directly owns 12,934 shares in the company, valued at $995,918. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jason Nichol sold 1,114 shares of Tyson Foods stock in a transaction that occurred on Monday, March 8th. The shares were sold at an average price of $74.00, for a total transaction of $82,436.00. Following the completion of the sale, the insider now owns 3,437 shares in the company, valued at $254,338. The disclosure for this sale can be found here. Company insiders own 1.82% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of TSN. Farmers Trust Co. grew its stake in shares of Tyson Foods by 3.0% in the fourth quarter. Farmers Trust Co. now owns 64,858 shares of the company’s stock valued at $4,179,000 after buying an additional 1,880 shares in the last quarter. Busey Wealth Management raised its stake in Tyson Foods by 10.8% in the first quarter. Busey Wealth Management now owns 133,290 shares of the company’s stock valued at $9,903,000 after purchasing an additional 12,943 shares in the last quarter. Strategic Wealth Designers raised its stake in Tyson Foods by 19.0% in the fourth quarter. Strategic Wealth Designers now owns 18,741 shares of the company’s stock valued at $1,208,000 after purchasing an additional 2,988 shares in the last quarter. BKD Wealth Advisors LLC raised its stake in Tyson Foods by 23.9% in the fourth quarter. BKD Wealth Advisors LLC now owns 32,162 shares of the company’s stock valued at $2,072,000 after purchasing an additional 6,204 shares in the last quarter. Finally, Foster & Motley Inc. raised its stake in Tyson Foods by 7.0% in the fourth quarter. Foster & Motley Inc. now owns 42,771 shares of the company’s stock valued at $2,756,000 after purchasing an additional 2,806 shares in the last quarter. Institutional investors own 63.65% of the company’s stock.

Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and live market hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully-cooked meats; raises and processes chickens into fresh, frozen, and value-added chicken products; and supplies poultry breeding stock; sells specialty products , such as hides and meats.

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Analyst Recommendations for Tyson Foods (NYSE:TSN)

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