Tyson Foods (TSN) Expected to Announce Quarterly Earnings on Monday

Tyson Foods (NYSE:TSNGet Free Report) is projected to release its earnings data before the market opens on Monday, February 3rd. Analysts expect Tyson Foods to post earnings of $0.79 per share and revenue of $13,444,991.27 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Tyson Foods Stock Performance

TSN stock opened at $56.51 on Monday. The firm has a market cap of $20.11 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 0.83 and a beta of 0.81. Tyson Foods has a twelve month low of $51.16 and a twelve month high of $66.88. The company has a quick ratio of 0.95, a current ratio of 2.04 and a debt-to-equity ratio of 0.52. The business’s fifty day simple moving average is $59.49 and its two-hundred day simple moving average is $60.34.

Insider Transactions at Tyson Foods

In related news, Director Noel W. White sold 171,057 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $63.70, for a total transaction of $10,896,330.90. Following the completion of the transaction, the director now owns 36,179 shares in the company, valued at $2,304,602.30. The trade was a 82.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Wes Morris sold 22,783 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $62.71, for a total transaction of $1,428,721.93. Following the completion of the sale, the insider now owns 15,937 shares of the company’s stock, valued at approximately $999,409.27. This trade represents a 58.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 414,814 shares of company stock valued at $26,450,955. Corporate insiders own 2.03% of the company’s stock.

Wall Street Analysts Forecast Growth

TSN has been the subject of a number of research analyst reports. Barclays decreased their price objective 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. Piper Sandler lifted their price target on shares of Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, November 13th. Stephens increased their price objective on Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 13th. BMO Capital Markets lifted their target price on Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a research report on Wednesday, November 13th. Finally, Bank of America dropped their price target on Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 15th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $60.70.

Get Our Latest Analysis on TSN

About Tyson Foods

(Get Free Report)

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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Earnings History for Tyson Foods (NYSE:TSN)

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