Tyson Foods, Inc. (NYSE:TSN) Director Jeffrey K. Schomburger bought 2,700 shares of the business’s stock in a transaction on Friday, February 9th. The stock was acquired at an average cost of $74.83 per share, for a total transaction of $202,041.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Tyson Foods, Inc. (NYSE:TSN) traded up $0.02 on Monday, reaching $74.89. The company had a trading volume of 1,325,868 shares, compared to its average volume of 2,264,606. The company has a market cap of $27,590.00, a P/E ratio of 9.78 and a beta of 0.17. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.70 and a current ratio of 1.51. Tyson Foods, Inc. has a 52-week low of $57.20 and a 52-week high of $84.65.
Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Thursday, February 8th. The company reported $1.81 EPS for the quarter, topping the Zacks’ consensus estimate of $1.51 by $0.30. The firm had revenue of $10.23 billion during the quarter, compared to the consensus estimate of $9.88 billion. Tyson Foods had a return on equity of 19.25% and a net margin of 7.15%. The firm’s revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.59 EPS. equities analysts predict that Tyson Foods, Inc. will post 6.65 EPS for the current year.
A number of institutional investors and hedge funds have recently modified their holdings of TSN. OxFORD Asset Management LLP bought a new position in Tyson Foods during the 2nd quarter worth $232,000. Stifel Financial Corp grew its stake in Tyson Foods by 63.9% during the 2nd quarter. Stifel Financial Corp now owns 5,434 shares of the company’s stock worth $341,000 after buying an additional 2,119 shares during the last quarter. U S Global Investors Inc. grew its stake in Tyson Foods by 52.0% during the 2nd quarter. U S Global Investors Inc. now owns 8,967 shares of the company’s stock worth $562,000 after buying an additional 3,067 shares during the last quarter. Afam Capital Inc. grew its stake in Tyson Foods by 4.8% during the 2nd quarter. Afam Capital Inc. now owns 73,835 shares of the company’s stock worth $4,624,000 after buying an additional 3,367 shares during the last quarter. Finally, Archford Capital Strategies LLC grew its stake in shares of Tyson Foods by 27,492.3% in the second quarter. Archford Capital Strategies LLC now owns 3,587 shares of the company’s stock worth $149,000 after purchasing an additional 3,574 shares in the last quarter. Hedge funds and other institutional investors own 70.80% of the company’s stock.
A number of equities analysts have issued reports on the company. ValuEngine raised Tyson Foods from a “hold” rating to a “buy” rating in a research report on Monday, November 20th. raised Tyson Foods from a “sell” rating to a “hold” rating and set a $75.00 target price on the stock in a research report on Wednesday, November 15th. BMO Capital Markets upped their target price on Tyson Foods to $89.00 and gave the company an “outperform” rating in a research report on Tuesday, November 14th. Zacks Investment Research downgraded Tyson Foods from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Finally, Mizuho set a $92.00 price target on Tyson Foods and gave the company a “buy” rating in a report on Friday. Seven investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Tyson Foods presently has a consensus rating of “Buy” and a consensus price target of $76.31.
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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.
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