Press coverage about Tyson Foods (NYSE:TSN) has trended somewhat positive on Tuesday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tyson Foods earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.3405310287323 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
Several research firms recently commented on TSN. Zacks Investment Research raised Tyson Foods from a “sell” rating to a “hold” rating in a report on Monday, May 28th. Sanford C. Bernstein began coverage on Tyson Foods in a report on Thursday, May 10th. They set an “outperform” rating on the stock. Credit Suisse Group set a $71.00 target price on Tyson Foods and gave the stock a “hold” rating in a report on Tuesday, May 8th. Buckingham Research reaffirmed a “hold” rating and set a $71.00 target price (down from $79.00) on shares of Tyson Foods in a report on Tuesday, May 8th. Finally, Morgan Stanley dropped their target price on Tyson Foods to $76.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 8th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $74.93.
TSN traded down $0.51 during trading on Tuesday, hitting $71.48. The company’s stock had a trading volume of 1,395,136 shares, compared to its average volume of 2,183,211. The company has a current ratio of 1.56, a quick ratio of 0.69 and a debt-to-equity ratio of 0.73. Tyson Foods has a twelve month low of $58.36 and a twelve month high of $84.65. The firm has a market cap of $26.04 billion, a P/E ratio of 13.46, a PEG ratio of 0.98 and a beta of 0.19.
Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Monday, May 7th. The company reported $1.27 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.04). Tyson Foods had a net margin of 6.97% and a return on equity of 19.10%. The business had revenue of $9.77 billion during the quarter, compared to analyst estimates of $9.86 billion. During the same period in the previous year, the business posted $1.01 earnings per share. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. equities research analysts forecast that Tyson Foods will post 6.58 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 14th. Shareholders of record on Friday, August 31st will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.68%. The ex-dividend date is Thursday, August 30th. Tyson Foods’s payout ratio is currently 22.60%.
In other Tyson Foods news, insider Stephen R. Stouffer sold 15,489 shares of the firm’s stock in a transaction that occurred on Thursday, March 15th. The stock was sold at an average price of $74.22, for a total value of $1,149,593.58. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.55% of the stock is currently owned by company insiders.
About Tyson Foods
Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and 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.
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