$1.51 EPS Expected for Tyson Foods, Inc. (TSN) This Quarter

Brokerages expect that Tyson Foods, Inc. (NYSE:TSN) will report $1.51 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Tyson Foods’ earnings, with the lowest EPS estimate coming in at $1.48 and the highest estimate coming in at $1.54. Tyson Foods posted earnings of $1.59 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 5%. The firm is scheduled to announce its next quarterly earnings report before the market opens on Thursday, February 8th.

According to Zacks, analysts expect that Tyson Foods will report full year earnings of $5.82 per share for the current financial year, with EPS estimates ranging from $5.76 to $5.88. For the next fiscal year, analysts forecast that the company will report earnings of $6.12 per share, with EPS estimates ranging from $5.78 to $6.25. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Tyson Foods.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Monday, November 13th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.05. The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.93 billion. Tyson Foods had a return on equity of 19.64% and a net margin of 4.64%. The company’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the company earned $0.96 earnings per share.

Several equities research analysts have weighed in on the company. Zacks Investment Research downgraded Tyson Foods from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. ValuEngine raised Tyson Foods from a “hold” rating to a “buy” rating in a report on Monday, November 20th. BMO Capital Markets raised their price objective on Tyson Foods to $89.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 14th. KeyCorp restated a “buy” rating and issued a $88.00 price objective on shares of Tyson Foods in a research note on Thursday, December 21st. Finally, upgraded Tyson Foods from a “sell” rating to a “hold” rating and set a $75.00 price objective for the company in a research note on Wednesday, November 15th. Eight analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Tyson Foods has a consensus rating of “Buy” and an average target price of $75.67.

Shares of Tyson Foods (NYSE:TSN) opened at $73.38 on Thursday. The company has a quick ratio of 0.75, a current ratio of 1.55 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $27,260.00, a PE ratio of 15.32 and a beta of 0.17. Tyson Foods has a twelve month low of $57.20 and a twelve month high of $84.65.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.64%. This is a boost from Tyson Foods’s previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, February 28th. Tyson Foods’s dividend payout ratio (DPR) is presently 25.05%.

In related news, General Counsel Bebber David L. Van sold 164,348 shares of Tyson Foods stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $83.26, for a total transaction of $13,683,614.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Dennis Leatherby sold 115,293 shares of Tyson Foods stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $82.09, for a total value of $9,464,402.37. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 397,342 shares of company stock valued at $32,702,254. Company insiders own 1.55% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Cerebellum GP LLC purchased a new position in Tyson Foods during the fourth quarter valued at approximately $124,000. Stevens First Principles Investment Advisors purchased a new position in Tyson Foods during the third quarter valued at approximately $141,000. Archford Capital Strategies LLC raised its position in Tyson Foods by 27,492.3% during the second quarter. Archford Capital Strategies LLC now owns 3,587 shares of the company’s stock valued at $149,000 after acquiring an additional 3,574 shares in the last quarter. Horan Capital Advisors LLC. purchased a new position in Tyson Foods during the third quarter valued at approximately $155,000. Finally, Cadence Bank NA purchased a new position in Tyson Foods during the third quarter valued at approximately $200,000. Institutional investors own 71.09% of the company’s stock.

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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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Earnings History and Estimates for Tyson Foods (NYSE:TSN)

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