Media stories about Tyson Foods (NYSE:TSN) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tyson Foods earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.9770467782377 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- Trading Review Focus on Tyson Foods Inc (TSN) – Berry Recorder (berryrecorder.com)
- Investec Asset Management Ltd Bought A Lot More Tyson Foods, Inc. (TSN) Stock – Modern Readers (modernreaders.com)
- Tyson Foods, Inc. (NYSE:TSN) Shares Bought by Hartford Investment Management Co (wobko.net)
- Tyson Foods, Inc. (TSN) Position Increased by Norges Bank Last Quarter (techkenyot.com)
- Tyson Foods, Inc. (TSN) Position Increased by Hartford Investment Management Co (fishinghd.com)
Tyson Foods (NYSE TSN) traded up 1.05% during trading on Friday, reaching $65.55. The company had a trading volume of 2,783,319 shares. The stock has a 50 day moving average of $62.32 and a 200-day moving average of $62.16. Tyson Foods has a 12-month low of $55.72 and a 12-month high of $77.05. The stock has a market capitalization of $24.05 billion, a P/E ratio of 13.82 and a beta of 0.26.
Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Monday, August 7th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.10. The business had revenue of $9.85 billion during the quarter, compared to the consensus estimate of $9.49 billion. Tyson Foods had a net margin of 4.75% and a return on equity of 18.44%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.21 earnings per share. On average, analysts forecast that Tyson Foods will post $5.06 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.225 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.37%. Tyson Foods’s dividend payout ratio (DPR) is presently 18.95%.
A number of brokerages recently issued reports on TSN. Zacks Investment Research upgraded Tyson Foods from a “hold” rating to a “buy” rating and set a $73.00 price target on the stock in a report on Thursday. BMO Capital Markets restated an “outperform” rating and set a $78.00 price target (up previously from $75.00) on shares of Tyson Foods in a report on Thursday. Mizuho reaffirmed a “buy” rating and set a $76.00 price objective (up from $71.00) on shares of Tyson Foods in a research report on Wednesday. Royal Bank Of Canada lifted their price objective on Tyson Foods from $68.00 to $70.00 and gave the company a “sector perform” rating in a research report on Tuesday. Finally, Pivotal Research reaffirmed a “sell” rating and set a $40.00 price objective on shares of Tyson Foods in a research report on Tuesday. One analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $69.79.
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About Tyson Foods
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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