Headlines about Tyson Foods (NYSE:TSN) have been trending somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tyson Foods earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.5140632541923 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern’s analysis:
- Tyson Foods, Inc. (TSN) Expected to Post Quarterly Sales of $9.87 Billion (americanbankingnews.com)
- Tyson Foods, Inc. (TSN) Expected to Post Earnings of $1.35 Per Share (americanbankingnews.com)
- Stanley Black & Decker Achieves #137 Analyst Rank, Surpassing Tyson Foods (thestreet.com)
- Hormel Foods Corporation (HRL) Ex-Dividend Date Scheduled for October 20, 2017 – Nasdaq (nasdaq.com)
- US agency withdraws rule aimed at protecting animal farmers (finance.yahoo.com)
Shares of Tyson Foods (NYSE TSN) opened at 71.16 on Wednesday. The stock has a 50 day moving average price of $68.33 and a 200-day moving average price of $63.65. The company has a market cap of $26.11 billion, a price-to-earnings ratio of 15.00 and a beta of 0.27. Tyson Foods has a 1-year low of $55.72 and a 1-year high of $72.22.
Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Monday, August 7th. The company reported $1.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.18 by $0.10. The company had revenue of $9.85 billion during the quarter, compared to analyst estimates of $9.49 billion. Tyson Foods had a return on equity of 18.44% and a net margin of 4.75%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $1.21 earnings per share. Equities research analysts forecast that Tyson Foods will post $5.21 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a $0.225 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.90 annualized dividend and a yield of 1.26%. Tyson Foods’s dividend payout ratio is currently 18.95%.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut Tyson Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, August 28th. Credit Suisse Group assumed coverage on Tyson Foods in a report on Wednesday, July 19th. They issued a “neutral” rating and a $65.00 price objective for the company. BidaskClub upgraded Tyson Foods from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Jefferies Group LLC reiterated a “buy” rating and issued a $75.00 price objective on shares of Tyson Foods in a report on Thursday, July 27th. Finally, Fundamental Research reiterated a “buy” rating on shares of Tyson Foods in a report on Thursday, August 17th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $72.96.
In related news, Director Mikel A. Durham purchased 2,809 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was bought at an average price of $65.77 per share, for a total transaction of $184,747.93. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Dennis Leatherby sold 145,100 shares of Tyson Foods stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $65.97, for a total value of $9,572,247.00. The disclosure for this sale can be found here. Company insiders own 2.65% of the company’s stock.
Tyson Foods Company Profile
Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods.
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