Tyson Foods, Inc (TSN) Outlook Starting To Look Brighter?

Tyson Foods, Inc (TSN) concluded trading on Wednesday at a closing price of $55.46, with 3.0 million shares of worth about $166.11 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.72% during that period and on January 08, 2025 the price saw a loss of about -0.22%. Currently the company’s common shares owned by public are about 285.86M shares, out of which, 278.82M shares are available for trading.

Stock saw a price change of -3.45% in past 5 days and over the past one month there was a price change of -11.46%. Year-to-date (YTD), TSN shares are showing a performance of -3.45% which increased to 1.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $51.16 but also hit the highest price of $66.88 during that period. The average intraday trading volume for Tyson Foods, Inc shares is 2.21 million. The stock is currently trading -5.25% below its 20-day simple moving average (SMA20), while that difference is down -8.42% for SMA50 and it goes to -7.36% lower than SMA200.

Tyson Foods, Inc (NYSE: TSN) currently have 285.86M outstanding shares and institutions hold larger chunk of about 69.78% of that.

The stock has a current market capitalization of $19.37B and its 3Y-monthly beta is at 0.80. PE ratio of stock for trailing 12 months is 24.11, while it has posted earnings per share of $2.30 in the same period. Its PEG reads 1.27 and has Quick Ratio of 0.95 while making debt-to-equity ratio of 0.57. 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 1.96% while standing at 1.69% over the month.

Stock’s fiscal year EPS is expected to rise by 12.55% while it is estimated to increase by 17.74% in next year. EPS is likely to grow at an annualized rate of 18.97% for next 5-years, compared to annual growth of -16.01% made by the stock over the past 5-years.

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 Stephens on October 03, 2024 offering an Equal-weight rating for the stock and assigned a target price of $57 to it. Coverage by Piper Sandler stated Tyson Foods, Inc (TSN) stock as an Underweight in their note to investors on September 25, 2024, suggesting a price target of $50 for the stock. On April 16, 2024, Barclays Upgrade their recommendations, while on February 06, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $62. Stock get a Neutral rating from Citigroup on February 01, 2024.

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