Tyson Foods (TSN) Given Media Sentiment Rating of 0.20
News stories about Tyson Foods (NYSE:TSN) have been trending somewhat positive on Friday, according to Accern. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tyson Foods earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.8269082737928 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Campus Compact and Tyson Foods Announce New Partnership with BVU and Other Colleges (readme.readmedia.com)
- Tyson Foods Is a Buy After Its Latest Guidance Increase (finance.yahoo.com)
- How Tyson’s Chicken Plant Became a $320 Million Turkey (finance.yahoo.com)
- Can Tyson Foods (TSN) Run Higher on Strong Earnings Estimate … – Nasdaq (nasdaq.com)
- Can Tyson Foods (TSN) Run Higher on Strong Earnings Estimate Revisions? (zacks.com)
TSN has been the topic of several research analyst reports. Zacks Investment Research lowered Tyson Foods from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Pivotal Research restated a “sell” rating and issued a $40.00 price objective on shares of Tyson Foods in a research note on Tuesday, August 8th. Credit Suisse Group restated a “neutral” rating and issued a $75.00 price objective (up previously from $70.00) on shares of Tyson Foods in a research note on Sunday, October 1st. They noted that the move was a valuation call. BidaskClub lowered Tyson Foods from a “buy” rating to a “hold” rating in a research note on Saturday, August 26th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $75.00 price objective on shares of Tyson Foods in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. Tyson Foods currently has an average rating of “Buy” and an average price target of $72.96.
Tyson Foods (NYSE:TSN) last issued its earnings results on Monday, August 7th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.10. Tyson Foods had a net margin of 4.75% and a return on equity of 18.44%. The business had revenue of $9.85 billion for the quarter, compared to analysts’ expectations of $9.49 billion. During the same quarter in the previous year, the firm posted $1.21 EPS. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders 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 yield of 1.27%. Tyson Foods’s payout ratio is 18.95%.
In other Tyson Foods news, Director Mikel A. Durham bought 2,809 shares of the stock in a transaction on Monday, August 14th. The shares were acquired at an average price of $65.77 per share, with a total value of $184,747.93. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Dennis Leatherby sold 145,100 shares of the business’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $65.97, for a total transaction of $9,572,247.00. The disclosure for this sale can be found here. Insiders own 2.65% of the company’s stock.
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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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