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

Key Points

• Tyson Foods, Inc. has received an average recommendation of "Hold" from analysts, with one sell rating, fourteen hold ratings, and two buy ratings. The average target price among analysts is $60.92.
• The company reported earnings of $0.91 per share for its last quarter, surpassing expectations, and has set its fiscal year 2025 EPS guidance at 3.8.
• Tyson Foods announced a stock buyback plan authorizing the repurchase of 43 million shares, indicating management's belief that the shares are undervalued.

Shares of Tyson Foods, Inc. (NYSE:TSN - Get Free Report) have received an average recommendation of "Hold" from the seventeen ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $60.9167.

A number of equities analysts have recently issued reports on TSN shares. Stephens dropped their price objective on shares of Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Tyson Foods in a report on Wednesday, October 8th. BMO Capital Markets reduced their target price on shares of Tyson Foods from $62.00 to $58.00 and set a "market perform" rating for the company in a report on Monday, July 28th. Sanford C. Bernstein lowered shares of Tyson Foods from an "outperform" rating to a "market perform" rating and dropped their price target for the company from $74.00 to $59.00 in a research report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. initiated coverage on shares of Tyson Foods in a research report on Wednesday, August 20th. They set a "neutral" rating and a $60.00 price target on the stock.

Tyson Foods Price Performance

Shares of TSN stock opened at $52.53 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 0.78. The company's 50-day simple moving average is $55.04 and its two-hundred day simple moving average is $56.05. Tyson Foods has a one year low of $51.07 and a one year high of $65.95. The company has a market capitalization of $18.69 billion, a P/E ratio of 23.88, a P/E/G ratio of 0.85 and a beta of 0.57.

Tyson Foods (NYSE:TSN - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.19. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The firm had revenue of $13.88 billion for the quarter, compared to the consensus estimate of $13.54 billion. During the same period last year, the firm earned $0.87 earnings per share. The company's quarterly revenue 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 anticipate that Tyson Foods will post 3.8 EPS for the current year.

Tyson Foods announced that its Board of Directors has initiated a stock buyback plan on Thursday, August 7th that authorizes the company to repurchase 43,000,000 outstanding shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

Tyson Foods Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a $0.50 dividend. The ex-dividend date is Monday, December 1st. This represents a $2.00 annualized dividend and a dividend yield of 3.8%. Tyson Foods's dividend payout ratio (DPR) is 90.91%.

Institutional Trading of Tyson Foods

Several institutional investors have recently modified their holdings of the stock. Allworth Financial LP grew its position in shares of Tyson Foods by 12.6% in the first quarter. Allworth Financial LP now owns 1,705 shares of the company's stock valued at $105,000 after purchasing an additional 191 shares during the period. Horizon Investments LLC boosted its position in Tyson Foods by 5.1% during the first quarter. Horizon Investments LLC now owns 4,111 shares of the company's stock worth $262,000 after acquiring an additional 201 shares during the last quarter. Independent Advisor Alliance boosted its position in Tyson Foods by 2.3% during the first quarter. Independent Advisor Alliance now owns 9,100 shares of the company's stock worth $581,000 after acquiring an additional 204 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its position in Tyson Foods by 0.4% during the second quarter. DekaBank Deutsche Girozentrale now owns 56,200 shares of the company's stock worth $3,099,000 after acquiring an additional 206 shares during the last quarter. Finally, Peddock Capital Advisors LLC boosted its position in Tyson Foods by 1.0% during the second quarter. Peddock Capital Advisors LLC now owns 21,152 shares of the company's stock worth $1,183,000 after acquiring an additional 217 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company's stock.

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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