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

Tyson Foods, Inc. (NYSE:TSN - Get Free Report) has received an average rating of "Hold" from the eleven research firms that are presently covering the firm, MarketBeat reports. Ten analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $61.10.

A number of brokerages recently weighed in on TSN. Stephens raised their price target on shares of Tyson Foods from $60.00 to $63.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 4th. UBS Group began coverage on Tyson Foods in a research report on Friday, January 10th. They set a "neutral" rating and a $62.00 price target for the company. HSBC upgraded Tyson Foods from a "reduce" rating to a "hold" rating in a report on Monday, February 3rd. Barclays dropped their target price on shares of Tyson Foods from $76.00 to $75.00 and set an "overweight" rating for the company in a report on Tuesday, January 21st. Finally, Piper Sandler raised shares of Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 price target on the stock in a research note on Tuesday, February 4th.

Tyson Foods Price Performance

NYSE TSN traded up $0.69 during trading hours on Friday, reaching $61.93. The company's stock had a trading volume of 3,575,792 shares, compared to its average volume of 2,494,769. The firm has a market capitalization of $22.06 billion, a price-to-earnings ratio of 20.92, a P/E/G ratio of 0.74 and a beta of 0.72. The company's 50-day moving average is $57.74 and its two-hundred day moving average is $59.96. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04. Tyson Foods has a 1-year low of $53.61 and a 1-year high of $66.88.

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Tyson Foods (NYSE:TSN - Get Free Report) last announced its earnings results on Monday, February 3rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.35. The firm had revenue of $13.62 billion for the quarter, compared to analyst estimates of $13.46 billion. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The business's revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.69 EPS. On average, equities analysts predict that Tyson Foods will post 3.8 EPS for the current year.

Tyson Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.23%. The ex-dividend date is Friday, May 30th. Tyson Foods's dividend payout ratio (DPR) is presently 67.57%.

Institutional Trading of Tyson Foods

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Probity Advisors Inc. raised its stake in shares of Tyson Foods by 5.0% in the 4th quarter. Probity Advisors Inc. now owns 5,390 shares of the company's stock valued at $310,000 after acquiring an additional 256 shares during the period. Siemens Fonds Invest GmbH purchased a new stake in Tyson Foods in the fourth quarter valued at approximately $65,000. Park Square Financial Group LLC acquired a new position in Tyson Foods in the 4th quarter valued at about $25,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Tyson Foods during the fourth quarter worth about $7,314,000. Finally, Mackenzie Financial Corp boosted its stake in shares of Tyson Foods by 26.1% in the fourth quarter. Mackenzie Financial Corp now owns 271,460 shares of the company's stock valued at $15,593,000 after purchasing an additional 56,213 shares during the period. 67.00% of the stock is currently 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.