Tyson Inc Slides On Weak Profit Warning
- by Virginia Carter
- in World Media
- — Nov 23, 2016
The stock has relative volume of 9.95.
Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, November 21st. Pivotal Research Group analysts disclosed their opinion on Tyson Foods, Inc.
While looking at the Stock's Performance, Tyson Foods, Inc. now shows a Weekly Performance of -15.89%, where Monthly Performance is -17.17%, Quarterly performance is -23.27%, 6 Months performance is -11.14% and yearly performance percentage is 33.23%. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.09 on scale of 1-5.
On the back of solid earnings performances over the last four consecutive years, the company looks to be in a very strong cash position to support investments and cash returns for investors. The Weekly Volatility is 3.03 percent and the Monthly Volatility is 3.43 percent. However, we are not enamored with share repurchases to date, as they were executed at prices well above the fair value of the equity.
Revenue is expected to range from 75.1 Billion to 86.73 Billion with an average of 77.43 Billion. The stock volatility for week was 3.52% while for month was 2.88%.The stock, as of last close, traded 33.90% to its 52 week low and was changed -25.24% from its 52 week high. TSN's value Change from Open was at 1.91% with a Gap of -16.09%. The projected growth estimate for the next quarter is 10.4 percent.
EPS growth in next year is estimated to reach 8.63% while EPS growth estimate for this year is set at 24.50%. The consensus recommendation 30 days ago for this company stood at 1.67. In the matter of earnings surprises, it can have a huge impact on a company's stock price.
Sales have reportedly dropped to 13% to $9.15 billion led by the decreasing demand for meat products such as chicken, pork, and even beef falling down by 15% in its average price in the most recent quarter.
Tyson Foods, Inc. (NYSE:TSN) is now showing 41% EPS growth this Quarter.
The Relative Volume of the company is 9.95 and Average Volume (3 months) is 3.03 million.
There are a handful of analysts covering the stock.
Mr Smith said: "Simply put, I believe the company has a bright future and that Tom is the right leader for this next phase of our development". Overweight rating was given by "0" and Underweight rating was given by "0".
Vetr upgraded shares of Tyson Foods Inc.
According to FactSet data, TSN stock has received different ratings from Financial Analysts. The mean price target for the equity is at $114.63 while the highest price target suggested by the brokerage firms is $130.00 and low price target is $85.00. The firm now has $67.75 price target on the stock. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods Inc. and related companies with MarketBeat.com's FREE daily email newsletter. TSN CEO Smith Donald also sold 61,994 shares, at a stock price of $74.58. Ameriprise Financial Inc. now owns 7,573,609 shares of the company's stock worth $505,853,000 after buying an additional 655,290 shares during the period.
Investors should note that on Aug 8, 2016, Tyson Foods announced a cash dividend of $0.1500.