Tyson Foods, Inc. (NYSE:TSN) Given Average Recommendation of "Hold" by Analysts

Key Points

• Tyson Foods has received a consensus rating of "Hold" from fourteen brokerages, with an average twelve-month price target of $61.25.
• The company recently declared a $0.50 dividend to be paid on December 15th, with a yield of 3.7% and a payout ratio of 90.91%.
• Tyson Foods reported a quarterly earnings per share of $0.91, exceeding analysts' expectations, and recorded a revenue of $13.88 billion, which is a 4.0% increase year-over-year.

Tyson Foods, Inc. (NYSE:TSN - Get Free Report) has been given a consensus rating of "Hold" by the fourteen brokerages that are covering the company, Marketbeat reports. Twelve equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $61.25.

A number of research analysts recently weighed in on the company. Sanford C. Bernstein lowered Tyson Foods from an "outperform" rating to a "market perform" rating and decreased their target price for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. Stephens decreased their target price on Tyson Foods from $61.00 to $55.00 in a report on Tuesday, July 15th. JPMorgan Chase & Co. assumed coverage on Tyson Foods in a report on Wednesday, August 20th. They set a "neutral" rating and a $60.00 target price on the stock. The Goldman Sachs Group assumed coverage on Tyson Foods in a research note on Monday, June 23rd. They issued a "buy" rating and a $67.00 price target for the company. Finally, JP Morgan Cazenove reduced their price target on Tyson Foods from $61.00 to $60.00 and set a "neutral" rating for the company in a research note on Monday, July 7th.

Tyson Foods Stock Up 0.3%

TSN stock opened at $53.73 on Tuesday. The company has a current ratio of 1.73, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $19.11 billion, a PE ratio of 24.42, a PEG ratio of 0.73 and a beta of 0.59. Tyson Foods has a 1-year low of $51.85 and a 1-year high of $65.95. The business's 50 day simple moving average is $55.28 and its 200 day simple moving average is $57.01.

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

Tyson Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a $0.50 dividend. The ex-dividend date is Monday, December 1st. This represents a $2.00 annualized dividend and a yield of 3.7%. Tyson Foods's payout ratio is 90.91%.

Tyson Foods announced that its board has initiated a stock buyback plan on Thursday, August 7th that permits the company to repurchase 43,000,000 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Institutional Trading of Tyson Foods

Several institutional investors have recently added to or reduced their stakes in TSN. Norges Bank bought a new stake in Tyson Foods in the 2nd quarter valued at $246,055,000. Davis Selected Advisers lifted its position in shares of Tyson Foods by 91.4% during the 2nd quarter. Davis Selected Advisers now owns 8,956,466 shares of the company's stock valued at $501,025,000 after acquiring an additional 4,276,884 shares during the period. AQR Capital Management LLC lifted its position in shares of Tyson Foods by 776.8% during the 1st quarter. AQR Capital Management LLC now owns 2,842,627 shares of the company's stock valued at $180,933,000 after acquiring an additional 2,518,416 shares during the period. Pacer Advisors Inc. lifted its position in shares of Tyson Foods by 4,207.2% during the 1st quarter. Pacer Advisors Inc. now owns 1,635,237 shares of the company's stock valued at $104,344,000 after acquiring an additional 1,597,272 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Tyson Foods by 36.0% during the 2nd quarter. Invesco Ltd. now owns 5,864,131 shares of the company's stock valued at $328,039,000 after acquiring an additional 1,550,812 shares during the period. 67.00% of the stock is currently owned by institutional investors.

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.

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