Tyson Foods, Inc. (NYSE:TSN) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Tyson Foods, Inc. has received a **consensus rating of "Hold"** from analysts, with **twelve hold recommendations** and two buy recommendations among the fourteen ratings firms covering the stock.
• The company's average **12-month target price** is set at **$61.33**, reflecting recent downgrades from various analysts including Bernstein Bank and JP Morgan Cazenove.
• Tyson Foods recently announced a **quarterly dividend** of **$0.50 per share**, showing a **3.8% dividend yield** and a payout ratio of **77.82%**.

Tyson Foods, Inc. (NYSE:TSN - Get Free Report) has been given an average recommendation of "Hold" by the fourteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Twelve analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $61.33.

A number of research analysts have recently commented on the company. Bernstein Bank downgraded Tyson Foods to a "market perform" rating and lowered their target price for the company from $74.00 to $59.00 in a research report on Wednesday, July 23rd. JP Morgan Cazenove lowered their target price on Tyson Foods from $61.00 to $60.00 and set a "neutral" rating for the company in a research report on Monday, July 7th. Wall Street Zen downgraded Tyson Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. BMO Capital Markets dropped their price objective on shares of Tyson Foods from $62.00 to $58.00 and set a "market perform" rating for the company in a research note on Monday, July 28th. Finally, Stephens dropped their price objective on shares of Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th.

Tyson Foods Stock Up 0.4%

NYSE TSN opened at $52.53 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.69 and a current ratio of 1.67. The company has a market capitalization of $18.71 billion, a P/E ratio of 20.44, a P/E/G ratio of 0.71 and a beta of 0.59. Tyson Foods has a one year low of $51.85 and a one year high of $66.88. The stock has a 50 day moving average price of $54.90 and a 200-day moving average price of $57.59.

Tyson Foods (NYSE:TSN - Get Free Report) last posted its earnings results on Monday, May 5th. The company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.07. The firm had revenue of $13.07 billion during the quarter, compared to the consensus estimate of $13.15 billion. Tyson Foods had a return on equity of 7.43% and a net margin of 1.70%. The company's quarterly revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.62 EPS. As a group, equities analysts predict that Tyson Foods will post 3.8 EPS for the current fiscal year.

Tyson Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, August 29th. Tyson Foods's dividend payout ratio is currently 77.82%.

Institutional Trading of Tyson Foods

Several hedge funds and other institutional investors have recently made changes to their positions in TSN. Park Square Financial Group LLC purchased a new position in shares of Tyson Foods in the 4th quarter valued at approximately $25,000. Curat Global LLC purchased a new position in shares of Tyson Foods in the 1st quarter valued at approximately $28,000. Zions Bancorporation National Association UT purchased a new position in shares of Tyson Foods in the 1st quarter valued at approximately $28,000. Matrix Trust Co raised its position in shares of Tyson Foods by 28,200.0% in the 2nd quarter. Matrix Trust Co now owns 566 shares of the company's stock valued at $32,000 after purchasing an additional 564 shares during the last quarter. Finally, First Command Advisory Services Inc. raised its position in shares of Tyson Foods by 389.8% in the 2nd quarter. First Command Advisory Services Inc. now owns 578 shares of the company's stock valued at $32,000 after purchasing an additional 460 shares during the last quarter. Hedge funds and other institutional investors 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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