Tyson Foods, Inc. (NYSE:TSN) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Tyson Foods has received a consensus rating of "Hold" from analysts, with an average 1-year price target of $61.25.
• The company's recent quarterly earnings exceeded expectations, with an EPS of $0.91 and revenue of $13.88 billion, reflecting a 4% year-over-year increase.
• Tyson Foods announced a stock repurchase program for 43 million shares and declared a quarterly dividend of $0.50 per share, indicating confidence in its value.

Shares of Tyson Foods, Inc. (NYSE:TSN - Get Free Report) have been assigned an average recommendation of "Hold" from the fourteen research firms that are presently covering the company, Marketbeat Ratings reports. Twelve research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $61.25.

A number of equities research analysts have weighed in on the company. Stephens reduced their price objective on Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. JPMorgan Chase & Co. started coverage on Tyson Foods in a report on Wednesday, August 20th. They issued a "neutral" rating and a $60.00 target price on the stock. BMO Capital Markets dropped their target price on Tyson Foods from $62.00 to $58.00 and set a "market perform" rating on the stock in a report on Monday, July 28th. The Goldman Sachs Group started coverage on Tyson Foods in a report on Monday, June 23rd. They issued a "buy" rating and a $67.00 target price on the stock. Finally, Wall Street Zen lowered Tyson Foods from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Bessemer Group Inc. boosted its position in shares of Tyson Foods by 11.3% during the 1st quarter. Bessemer Group Inc. now owns 6,399 shares of the company's stock worth $408,000 after purchasing an additional 651 shares in the last quarter. Tabor Asset Management LP acquired a new stake in shares of Tyson Foods in the first quarter valued at about $2,180,000. VELA Investment Management LLC boosted its holdings in Tyson Foods by 45.6% during the first quarter. VELA Investment Management LLC now owns 17,678 shares of the company's stock worth $1,128,000 after buying an additional 5,537 shares in the last quarter. World Investment Advisors grew its position in Tyson Foods by 54.2% during the first quarter. World Investment Advisors now owns 14,861 shares of the company's stock worth $948,000 after buying an additional 5,226 shares during the period. Finally, Summit Global Investments grew its position in Tyson Foods by 212.8% during the first quarter. Summit Global Investments now owns 230,921 shares of the company's stock worth $14,735,000 after buying an additional 157,092 shares during the period. Hedge funds and other institutional investors own 67.00% of the company's stock.

Tyson Foods Stock Performance

NYSE TSN traded up $0.68 on Friday, reaching $56.80. The stock had a trading volume of 2,591,544 shares, compared to its average volume of 2,845,821. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.73. Tyson Foods has a 12-month low of $51.85 and a 12-month high of $66.88. The business's 50-day moving average price is $55.39 and its 200 day moving average price is $57.53. The stock has a market cap of $20.21 billion, a P/E ratio of 25.82, a price-to-earnings-growth ratio of 0.77 and a beta of 0.59.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.19. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The company had revenue of $13.88 billion during the quarter, compared to analysts' expectations of $13.54 billion. During the same quarter in the previous year, the business earned $0.87 earnings per share. The firm's revenue for the quarter was up 4.0% on a year-over-year basis. Tyson Foods has set its FY 2025 guidance at EPS. As a group, equities analysts expect that Tyson Foods will post 3.8 earnings per share for the current year.

Tyson Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, December 1st. Tyson Foods's dividend payout ratio is 90.91%.

Tyson Foods announced that its board has approved a stock repurchase plan on Thursday, August 7th that allows the company to repurchase 43,000,000 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully cooked meats; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.