Recent Investment Analysts’ Ratings Updates for Tyson Foods (TSN)

A number of research firms have changed their ratings and price targets for Tyson Foods (NYSE: TSN):

  • 2/9/2018 – Tyson Foods was given a new $78.00 price target on by analysts at Credit Suisse Group AG. They now have a “hold” rating on the stock.
  • 2/9/2018 – Tyson Foods was given a new $92.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 2/9/2018 – Tyson Foods was given a new $92.00 price target on by analysts at Mizuho. They now have a “buy” rating on the stock.
  • 2/8/2018 – Tyson Foods had its “buy” rating reaffirmed by analysts at Jefferies Group LLC.
  • 1/31/2018 – Tyson Foods was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Tyson Foods has surpassed the industry in the past six months owing to strong performance in all business segments, particularly Chicken and Beef. The prepared foods category has also been depicting solid growth, courtesy of rising demand for protein-packed brands and synergies from the AdvancePierre’s buyout. Apart from this, divestment of non-protein businesses and poultry production expansion efforts signify the company’s focus on strengthening protein-packed brands portfolio. Notably, Tyson Foods’ growth drivers fueled results in fourth-quarter fiscal 2017, wherein both top and bottom lines grew year over year and topped estimates. The solid results also encouraged management to issue a favorable view However, the company remains exposed to the risk of raw materials price volatility. Also, stiff competition and intense promotions remain headwinds. Rising wage costs also pose threats to Tyson Foods’ operating results.”
  • 1/20/2018 – Tyson Foods was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $89.00 price target on the stock. According to Zacks, “Tyson Foods has surpassed the industry in the past six months owing to strong performance in all business segments, particularly Chicken and Beef. The prepared foods category has also been depicting solid growth, courtesy of rising demand for protein-packed brands and synergies from the AdvancePierre’s buyout. Apart from this, divestment of non-protein businesses and poultry production expansion efforts signify the company’s focus on strengthening protein-packed brands portfolio. Notably, Tyson Foods’ growth drivers fueled results in fourth-quarter fiscal 2017, wherein both top and bottom lines grew year over year and topped estimates. The solid results also encouraged management to issue a favorable view However, the company remains exposed to the risk of raw materials price volatility. Also, stiff competition and intense promotions remain headwinds. Rising wage costs also pose threats to Tyson Foods’ operating results.”
  • 1/4/2018 – Tyson Foods is now covered by analysts at Piper Jaffray Companies. They set an “overweight” rating and a $94.00 price target on the stock.
  • 12/21/2017 – Tyson Foods had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $88.00 price target on the stock.

Shares of Tyson Foods, Inc. (NYSE:TSN) opened at $74.87 on Monday. The company has a market capitalization of $27,531.05, a PE ratio of 9.85 and a beta of 0.17. The company has a current ratio of 1.51, a quick ratio of 0.70 and a debt-to-equity ratio of 0.74. Tyson Foods, Inc. has a 1 year low of $57.20 and a 1 year high of $84.65.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results 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 company had revenue of $10.23 billion for the quarter, compared to analyst estimates of $9.88 billion. Tyson Foods had a return on equity of 19.25% and a net margin of 7.15%. Tyson Foods’s revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.59 earnings per share. research analysts forecast that Tyson Foods, Inc. will post 6.65 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.60%. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.23. Tyson Foods’s dividend payout ratio (DPR) is currently 15.79%.

In other news, insider Thomas P. Hayes sold 53,874 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $81.63, for a total transaction of $4,397,734.62. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Noel W. White sold 24,575 shares of the firm’s stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $80.96, for a total value of $1,989,592.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 397,342 shares of company stock worth $32,702,254. 1.55% of the stock is currently owned by insiders.

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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