Tyson Foods Inc. (NYSE:TSN) was upgraded by analysts at Vetr from a “hold” rating to a “strong-buy” rating in a report released on Monday. The firm presently has a $67.75 target price on the stock. Vetr‘s price target indicates a potential upside of 14.91% from the company’s current price.

A number of other research analysts have also recently commented on the company. RBC Capital Markets restated a “sector perform” rating and issued a $75.00 target price (up previously from $72.00) on shares of Tyson Foods in a research note on Thursday, August 11th. raised their target price on Tyson Foods from $77.00 to $82.00 and gave the company an “outperform” rating in a research note on Tuesday, August 2nd. Pivotal Research restated a “buy” rating and issued a $100.00 target price on shares of Tyson Foods in a research note on Wednesday, August 10th. Goldman Sachs Group Inc. cut Tyson Foods to a “sell” rating in a research note on Monday. Finally, BMO Capital Markets restated a “market perform” rating and issued a $77.00 target price on shares of Tyson Foods in a research note on Thursday, August 11th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $69.41.

Analyst Recommendations for Tyson Foods (NYSE:TSN)

Shares of Tyson Foods (NYSE:TSN) opened at 58.96 on Monday. The company has a market cap of $22.53 billion, a P/E ratio of 14.34 and a beta of 0.18. The company’s 50-day moving average price is $69.28 and its 200 day moving average price is $69.75. Tyson Foods has a one year low of $48.52 and a one year high of $77.05.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, November 21st. The company reported $0.96 earnings per share for the quarter, missing the consensus estimate of $1.16 by $0.20. Tyson Foods had a return on equity of 17.29% and a net margin of 4.28%. The business earned $9.16 billion during the quarter, compared to analysts’ expectations of $9.38 billion. During the same quarter last year, the business posted $0.83 EPS. The company’s quarterly revenue was down 12.8% compared to the same quarter last year. On average, equities research analysts anticipate that Tyson Foods will post $4.59 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Shareholders of record on Wednesday, March 1st will be issued a $0.225 dividend. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Monday, February 27th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.53%. Tyson Foods’s dividend payout ratio (DPR) is presently 14.53%.

In other Tyson Foods news, insider Donnie King sold 146,641 shares of Tyson Foods stock in a transaction on Thursday, August 25th. The stock was sold at an average price of $75.75, for a total value of $11,108,055.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Noel W. White sold 74,934 shares of Tyson Foods stock in a transaction on Friday, August 26th. The stock was sold at an average price of $75.44, for a total value of $5,653,020.96. The disclosure for this sale can be found here. 2.69% of the stock is owned by company insiders.

Several hedge funds have recently bought and sold shares of TSN. TradeLink Capital LLC raised its stake in Tyson Foods by 0.6% in the second quarter. TradeLink Capital LLC now owns 3,396 shares of the company’s stock worth $227,000 after buying an additional 20 shares during the last quarter. Washington Trust Bank raised its stake in shares of Tyson Foods by 2.2% in the third quarter. Washington Trust Bank now owns 1,431 shares of the company’s stock valued at $107,000 after buying an additional 31 shares during the last quarter. Wedbush Securities Inc. raised its stake in shares of Tyson Foods by 0.9% in the second quarter. Wedbush Securities Inc. now owns 3,764 shares of the company’s stock valued at $251,000 after buying an additional 34 shares during the last quarter. Advisor Partners LLC raised its stake in shares of Tyson Foods by 1.2% in the second quarter. Advisor Partners LLC now owns 3,355 shares of the company’s stock valued at $224,000 after buying an additional 40 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its stake in shares of Tyson Foods by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 14,600 shares of the company’s stock valued at $1,090,000 after buying an additional 40 shares during the last quarter. 73.44% of the stock is owned by institutional investors and hedge funds.

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About Tyson Foods

Tyson Foods, Inc is a food company. The Company is engaged in offering chicken, beef and pork, as well as prepared foods, including bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, tortillas and desserts. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands.

5 Day Chart for NYSE:TSN

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