Tyson Foods, Inc. (NYSE:TSN)‘s stock had its “buy” rating restated by BMO Capital Markets in a research note issued to investors on Thursday. They presently have a $75.00 target price on the stock. BMO Capital Markets’ target price suggests a potential upside of 21.73% from the company’s previous close.

Several other research firms have also recently weighed in on TSN. Zacks Investment Research upgraded Tyson Foods from a “hold” rating to a “buy” rating and set a $72.00 target price for the company in a research note on Thursday, April 27th. Vetr upgraded Tyson Foods from a “buy” rating to a “strong-buy” rating and set a $72.50 target price for the company in a research note on Tuesday, February 21st. Argus cut Tyson Foods from a “buy” rating to a “hold” rating in a research note on Thursday, March 16th. Jefferies Group LLC restated a “buy” rating and set a $75.00 target price on shares of Tyson Foods in a research note on Monday, April 3rd. Finally, Vertical Research upgraded Tyson Foods from a “hold” rating to a “buy” rating in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Tyson Foods has an average rating of “Buy” and an average target price of $69.71.

Analyst Recommendations for Tyson Foods (NYSE:TSN)

Shares of Tyson Foods (NYSE:TSN) traded down 0.56% during trading on Thursday, reaching $61.61. 4,269,108 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $59.85 and a 200 day moving average price of $61.93. The company has a market capitalization of $22.61 billion, a P/E ratio of 12.87 and a beta of 0.22. Tyson Foods has a 12-month low of $55.72 and a 12-month high of $77.05.

Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, May 8th. The company reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.06 by $0.05. The business had revenue of $9.08 billion for the quarter, compared to analysts’ expectations of $9.07 billion. Tyson Foods had a return on equity of 18.55% and a net margin of 4.91%. Tyson Foods’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.07 EPS. Equities analysts expect that Tyson Foods will post $4.99 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend is Wednesday, August 30th. Tyson Foods’s dividend payout ratio (DPR) is 18.79%.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TSN. Jaffetilchin Investment Partners LLC raised its position in Tyson Foods by 0.3% in the first quarter. Jaffetilchin Investment Partners LLC now owns 7,039 shares of the company’s stock worth $434,000 after buying an additional 24 shares during the last quarter. Smith Salley & Associates raised its position in Tyson Foods by 0.8% in the first quarter. Smith Salley & Associates now owns 3,628 shares of the company’s stock worth $224,000 after buying an additional 28 shares during the last quarter. Horrell Capital Management Inc. raised its position in Tyson Foods by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 27,260 shares of the company’s stock worth $1,682,000 after buying an additional 100 shares during the last quarter. Meiji Yasuda Life Insurance Co raised its position in Tyson Foods by 0.5% in the first quarter. Meiji Yasuda Life Insurance Co now owns 20,580 shares of the company’s stock worth $1,270,000 after buying an additional 100 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in Tyson Foods by 0.5% in the first quarter. Oppenheimer & Co. Inc. now owns 30,905 shares of the company’s stock worth $1,907,000 after buying an additional 146 shares during the last quarter. 71.38% of the stock is currently owned by institutional investors.

Tyson Foods Company Profile

Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods.

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