Tyson Foods, Inc. (NYSE:TSN) has been assigned an average rating of “Buy” from the nineteen analysts that are covering the company, MarketBeat reports. Eight investment analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $78.25.

A number of equities analysts have weighed in on the stock. Zacks Investment Research lowered shares of Tyson Foods from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 6th. ValuEngine upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a research report on Monday, November 20th. upgraded shares of Tyson Foods from a “sell” rating to a “hold” rating and set a $75.00 target price for the company in a research report on Wednesday, November 15th. Argus upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research report on Wednesday, November 15th. Finally, BMO Capital Markets upped their target price on shares of Tyson Foods to $89.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 14th.

In related news, insider Stephen R. Stouffer sold 9,238 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $81.23, for a total transaction of $750,402.74. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Bebber David L. Van sold 164,348 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $83.26, for a total transaction of $13,683,614.48. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 318,893 shares of company stock worth $26,314,927. 2.65% of the stock is owned by insiders.

Institutional investors have recently added to or reduced their stakes in the stock. Janus Henderson Group PLC raised its stake in shares of Tyson Foods by 6,356.6% in the second quarter. Janus Henderson Group PLC now owns 2,478,942 shares of the company’s stock valued at $155,256,000 after acquiring an additional 2,440,548 shares during the period. Iridian Asset Management LLC CT raised its stake in shares of Tyson Foods by 64.4% in the third quarter. Iridian Asset Management LLC CT now owns 4,833,048 shares of the company’s stock valued at $340,488,000 after acquiring an additional 1,893,438 shares during the period. FMR LLC raised its stake in shares of Tyson Foods by 155.4% in the second quarter. FMR LLC now owns 2,010,522 shares of the company’s stock valued at $125,920,000 after acquiring an additional 1,223,351 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Tyson Foods by 12.5% in the third quarter. Ameriprise Financial Inc. now owns 8,823,121 shares of the company’s stock valued at $621,587,000 after acquiring an additional 980,069 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Tyson Foods by 3.7% in the second quarter. Vanguard Group Inc. now owns 24,978,429 shares of the company’s stock valued at $1,564,398,000 after acquiring an additional 900,009 shares during the period. 71.57% of the stock is currently owned by institutional investors.

Tyson Foods (TSN) traded down $1.99 on Friday, hitting $80.71. 3,016,900 shares of the company’s stock were exchanged, compared to its average volume of 2,643,574. The company has a market capitalization of $30,410.28, a price-to-earnings ratio of 15.57 and a beta of 0.36. Tyson Foods has a fifty-two week low of $57.20 and a fifty-two week high of $84.65. The company has a current ratio of 1.55, a quick ratio of 0.75 and a debt-to-equity ratio of 0.88.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, November 13th. The company reported $1.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.38 by $0.05. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.93 billion. Tyson Foods had a net margin of 4.64% and a return on equity of 19.64%. The company’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.96 earnings per share. equities research analysts expect that Tyson Foods will post 5.81 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be paid a dividend of $0.30 per share. This is an increase from Tyson Foods’s previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, February 28th. This represents a $1.20 dividend on an annualized basis and a yield of 1.49%. Tyson Foods’s dividend payout ratio is presently 25.05%.

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About Tyson Foods

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.

Analyst Recommendations for Tyson Foods (NYSE:TSN)

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