Tyson Foods (NYSE:TSN) Reaches New 1-Year Low - Here's Why

Key Points

• Tyson Foods' stock hit a new 52-week low at $51.07, reflecting ongoing market challenges, with a current trading volume of over 3 million shares.
• Several analysts have downgraded Tyson Foods, with the consensus rating now at "Hold" and a price target of $60.92, indicating cautious sentiment among investors.
• The company announced a quarterly dividend of $0.50 per share, representing an annualized yield of 3.8%, and authorized a buyback plan for up to 43 million shares, suggesting confidence in its valuation.

Shares of Tyson Foods, Inc. (NYSE:TSN - Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $51.07 and last traded at $52.85, with a volume of 3118694 shares traded. The stock had previously closed at $52.10.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Bank of America lowered their price target on shares of Tyson Foods from $59.00 to $58.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 8th. Sanford C. Bernstein lowered shares of Tyson Foods from an "outperform" rating to a "market perform" rating and reduced their price objective for the company from $74.00 to $59.00 in a research note on Wednesday, July 23rd. Santander initiated coverage on shares of Tyson Foods in a report on Thursday, September 25th. They set a "neutral" rating on the stock. JP Morgan Cazenove cut their price target on Tyson Foods from $61.00 to $60.00 and set a "neutral" rating for the company in a report on Monday, July 7th. Finally, Zacks Research cut Tyson Foods from a "hold" rating to a "strong sell" rating in a research report on Wednesday, October 1st. Two analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $60.92.

Tyson Foods Price Performance

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 stock has a market capitalization of $18.80 billion, a PE ratio of 24.02, a PEG ratio of 0.85 and a beta of 0.57. The business has a fifty day moving average price of $55.28 and a 200-day moving average price of $56.22.

Tyson Foods (NYSE:TSN - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.19. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The business had revenue of $13.88 billion during the quarter, compared to the consensus estimate of $13.54 billion. During the same period in the previous year, the firm posted $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. Research analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Announces Dividend

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 paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.8%. Tyson Foods's payout ratio is presently 90.91%.

Tyson Foods announced that its board has authorized a stock buyback plan on Thursday, August 7th that permits the company to buyback 43,000,000 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Zions Bancorporation National Association UT bought a new stake in shares of Tyson Foods in the 1st quarter worth approximately $28,000. NewSquare Capital LLC raised its stake in Tyson Foods by 175.3% during the second quarter. NewSquare Capital LLC now owns 512 shares of the company's stock valued at $29,000 after buying an additional 326 shares during the last quarter. Matrix Trust Co boosted its holdings in Tyson Foods by 28,200.0% in the second quarter. Matrix Trust Co now owns 566 shares of the company's stock worth $32,000 after acquiring an additional 564 shares in the last quarter. First Command Advisory Services Inc. grew its stake in shares of Tyson Foods by 389.8% in the second quarter. First Command Advisory Services Inc. now owns 578 shares of the company's stock worth $32,000 after acquiring an additional 460 shares during the last quarter. Finally, MTM Investment Management LLC purchased a new stake in shares of Tyson Foods in the second quarter worth $36,000. 67.00% of the stock is owned by hedge funds and other 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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