Tyson Foods (NYSE:TSN) Getting Neutral News Coverage, Report Shows

Media stories about Tyson Foods (NYSE:TSN) have been trending neutral this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tyson Foods earned a media sentiment score of 0.50 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Tyson Foods’ score:

Shares of TSN stock traded down $0.16 during trading on Friday, reaching $80.80. The company’s stock had a trading volume of 1,748,047 shares, compared to its average volume of 2,818,249. The company has a quick ratio of 0.54, a current ratio of 1.38 and a debt-to-equity ratio of 0.80. The firm has a market cap of $28.89 billion, a P/E ratio of 13.12 and a beta of 0.51. The company has a 50-day simple moving average of $80.67. Tyson Foods has a 1-year low of $49.77 and a 1-year high of $84.30.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, May 6th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.12 by $0.08. Tyson Foods had a net margin of 5.05% and a return on equity of 16.53%. The company had revenue of $10.44 billion during the quarter, compared to analysts’ expectations of $10.25 billion. During the same quarter in the previous year, the business posted $1.27 EPS. The firm’s revenue was up 6.9% on a year-over-year basis. Sell-side analysts anticipate that Tyson Foods will post 5.97 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $1.50 annualized dividend and a dividend yield of 1.86%. Tyson Foods’s dividend payout ratio is presently 24.35%.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Haynes International from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. Argus decreased their price target on shares of Alliance Data Systems from $194.00 to $164.00 and set a “buy” rating on the stock in a research note on Tuesday, May 14th. They noted that the move was a valuation call. Pivotal Research raised their price target on shares of Tyson Foods from $40.00 to $50.00 and gave the stock a “sell” rating in a research note on Monday, May 6th. Credit Suisse Group set a $96.00 target price on shares of Tyson Foods and gave the stock a “buy” rating in a research note on Thursday, June 13th. Finally, Barclays lifted their target price on shares of from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the stock an “equal weight” rating in a research note on Friday, June 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $79.10.

In other news, insider Chad Roderick Martin sold 6,300 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $77.24, for a total transaction of $486,612.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Stephen R. Stouffer sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $83.02, for a total transaction of $996,240.00. The disclosure for this sale can be found here. Insiders have sold a total of 84,433 shares of company stock valued at $6,680,525 in the last 90 days. Insiders own 1.69% of the company’s stock.

Tyson Foods Company Profile

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 live market 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; and raises and processes chickens into fresh, frozen, and value-added chicken products.

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