Some Investing Thoughts On Tyson Foods, Inc. (NYSE: TSN)

Tyson Foods, Inc. (TSN) concluded trading on Wednesday at a closing price of $65.69, with 3.04 million shares of worth about $199.8 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.90% during that period and on August 28, 2024 the price saw a gain of about 2.75%. Currently the company’s common shares owned by public are about 285.23M shares, out of which, 278.78M shares are available for trading.

Stock saw a price change of 3.76% in past 5 days and over the past one month there was a price change of 7.85%. Year-to-date (YTD), TSN shares are showing a performance of 22.21% which increased to 21.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $44.94 but also hit the highest price of $64.35 during that period. The average intraday trading volume for Tyson Foods, Inc. shares is 2.14 million. The stock is currently trading 5.74% above its 20-day simple moving average (SMA20), while that difference is up 10.23% for SMA50 and it goes to 16.88% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Tyson Foods, Inc. (NYSE: TSN) currently have 285.23M outstanding shares and institutions hold larger chunk of about 69.94% of that.

The stock has a current market capitalization of $22.91B and its 3Y-monthly beta is at 0.77. It has posted earnings per share of -$0.02 in the same period. It has Quick Ratio of 0.95 while making debt-to-equity ratio of 0.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TSN, volatility over the week remained 1.52% while standing at 1.76% over the month.

Analysts are in expectations that Tyson Foods, Inc. (TSN) stock would likely to be making an EPS of 0.65 in the current quarter, while forecast for next quarter EPS is 0.96 and it is 3.79 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.51 which is 0.77 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.37 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 110.74% while it is estimated to increase by 31.27% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on April 16, 2024 offering an Overweight rating for the stock and assigned a target price range of between $53 and $69 to it. Coverage by BofA Securities stated Tyson Foods, Inc. (TSN) stock as a Neutral in their note to investors on February 06, 2024, suggesting a price target of $62 for the stock. On February 01, 2024, Citigroup Initiated their recommendations, while on September 22, 2023, HSBC Securities Initiated their ratings for the stock with a price target of $49. Stock get a Neutral rating from Goldman on April 20, 2023.

Most Popular

Related Posts