Tyson Foods, Inc. (NYSE:TSN) Receives Average Recommendation of “Hold” from Analysts

Tyson Foods, Inc. (NYSE:TSN) has earned a consensus recommendation of “Hold” from the fifteen analysts that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $88.83.

A number of equities research analysts recently commented on TSN shares. BMO Capital Markets lifted their target price on Tyson Foods from $90.00 to $98.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. ValuEngine downgraded Tyson Foods from a “hold” rating to a “sell” rating in a report on Friday, January 3rd. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $89.00 target price (up previously from $83.00) on shares of Tyson Foods in a report on Wednesday, December 4th. Bank of America started coverage on Tyson Foods in a report on Friday, October 25th. They set a “buy” rating and a $97.00 target price for the company. Finally, Zacks Investment Research downgraded Tyson Foods from a “hold” rating to a “sell” rating and set a $93.00 target price for the company. in a report on Thursday, November 14th.

Shares of TSN stock traded up $0.86 during trading hours on Friday, reaching $90.25. 21,592 shares of the company’s stock were exchanged, compared to its average volume of 2,123,420. Tyson Foods has a 1 year low of $56.35 and a 1 year high of $94.11. The stock has a market cap of $32.44 billion, a PE ratio of 16.52, a PEG ratio of 1.15 and a beta of 0.43. The company has a current ratio of 1.30, a quick ratio of 0.56 and a debt-to-equity ratio of 0.69. The stock’s fifty day moving average price is $89.68 and its two-hundred day moving average price is $85.61.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $1.21 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.23 by ($0.02). Tyson Foods had a return on equity of 14.53% and a net margin of 4.77%. The business had revenue of $10.88 billion for the quarter, compared to analysts’ expectations of $10.93 billion. During the same quarter in the previous year, the firm posted $1.58 EPS. Tyson Foods’s revenue was up 8.9% on a year-over-year basis. On average, equities analysts expect that Tyson Foods will post 6.75 EPS for the current fiscal year.

In other Tyson Foods news, insider Stephen R. Stouffer sold 15,723 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $90.16, for a total value of $1,417,585.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mary Oleksiuk sold 28,382 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $92.22, for a total value of $2,617,388.04. The disclosure for this sale can be found here. Insiders sold 44,145 shares of company stock valued at $4,038,543 over the last three months. 1.69% of the stock is currently owned by corporate insiders.

Several hedge funds have recently made changes to their positions in the company. Scout Investments Inc. increased its position in shares of Tyson Foods by 9.5% during the fourth quarter. Scout Investments Inc. now owns 335,094 shares of the company’s stock worth $30,507,000 after purchasing an additional 28,991 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in Tyson Foods by 19.1% in the 4th quarter. State of Alaska Department of Revenue now owns 178,067 shares of the company’s stock valued at $16,210,000 after buying an additional 28,563 shares in the last quarter. Park National Corp OH grew its holdings in Tyson Foods by 14.2% in the 4th quarter. Park National Corp OH now owns 48,616 shares of the company’s stock valued at $4,426,000 after buying an additional 6,056 shares in the last quarter. Nomura Holdings Inc. grew its holdings in shares of Tyson Foods by 1,026.4% during the 3rd quarter. Nomura Holdings Inc. now owns 165,068 shares of the company’s stock worth $13,771,000 after purchasing an additional 182,887 shares during the period. Finally, Maverick Capital Ltd. purchased a new position in shares of Tyson Foods during the 3rd quarter worth $5,708,000. 68.81% of the stock is owned by institutional investors and hedge funds.

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; and raises and processes chickens into fresh, frozen, and value-added chicken products.

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Analyst Recommendations for Tyson Foods (NYSE:TSN)

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