Tyson Foods, Inc. (NYSE:TSN) – Equities research analysts at Jefferies Financial Group increased their Q1 2019 earnings per share estimates for shares of Tyson Foods in a report issued on Wednesday, November 14th. Jefferies Financial Group analyst A. Jagdale now expects that the company will earn $1.56 per share for the quarter, up from their previous estimate of $1.50. Jefferies Financial Group currently has a “Buy” rating and a $75.00 target price on the stock. Jefferies Financial Group also issued estimates for Tyson Foods’ Q2 2019 earnings at $1.30 EPS, Q3 2019 earnings at $1.66 EPS, Q4 2019 earnings at $1.53 EPS, FY2019 earnings at $6.04 EPS, Q1 2020 earnings at $1.64 EPS, Q2 2020 earnings at $1.42 EPS, Q3 2020 earnings at $1.86 EPS, Q4 2020 earnings at $1.75 EPS, FY2020 earnings at $6.67 EPS, FY2021 earnings at $7.24 EPS and FY2022 earnings at $7.85 EPS.

Tyson Foods (NYSE:TSN) last issued its earnings results on Tuesday, November 13th. The company reported $1.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.33 by $0.25. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.30 billion. Tyson Foods had a return on equity of 18.39% and a net margin of 7.55%. The business’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.43 earnings per share.

Other research analysts also recently issued research reports about the company. Barclays lowered their target price on Tyson Foods from $80.00 to $73.00 and set a “buy” rating for the company in a research note on Monday, July 30th. Argus downgraded Tyson Foods from a “buy” rating to a “hold” rating in a research note on Wednesday, September 5th. Stephens lowered their target price on Tyson Foods to $73.00 and set an “overweight” rating for the company in a research note on Monday, July 30th. They noted that the move was a valuation call. BMO Capital Markets lowered their target price on Tyson Foods from $89.00 to $82.00 and set an “outperform” rating for the company in a research note on Tuesday, August 7th. Finally, Zacks Investment Research cut Tyson Foods from a “buy” rating to a “hold” rating in a report on Tuesday, October 16th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $73.14.

Shares of NYSE TSN opened at $59.03 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.13 and a quick ratio of 0.66. The stock has a market cap of $21.29 billion, a price-to-earnings ratio of 9.58, a price-to-earnings-growth ratio of 0.89 and a beta of 0.17. Tyson Foods has a 12 month low of $56.79 and a 12 month high of $84.65.

Several large investors have recently added to or reduced their stakes in TSN. Greenwood Gearhart Inc. raised its position in shares of Tyson Foods by 41.1% during the third quarter. Greenwood Gearhart Inc. now owns 18,436 shares of the company’s stock worth $1,097,000 after purchasing an additional 5,372 shares during the period. Mackenzie Financial Corp raised its position in shares of Tyson Foods by 29.6% during the third quarter. Mackenzie Financial Corp now owns 34,947 shares of the company’s stock worth $2,080,000 after purchasing an additional 7,973 shares during the period. Luminus Management LLC acquired a new position in shares of Tyson Foods during the third quarter worth approximately $19,774,000. Point72 Asset Management L.P. raised its position in shares of Tyson Foods by 681.9% during the third quarter. Point72 Asset Management L.P. now owns 1,270,608 shares of the company’s stock worth $75,639,000 after purchasing an additional 1,108,108 shares during the period. Finally, Point72 Hong Kong Ltd acquired a new position in shares of Tyson Foods during the third quarter worth approximately $311,000. Institutional investors own 69.47% of the company’s stock.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 1st will be issued a dividend of $0.375 per share. This is a boost from Tyson Foods’s previous quarterly dividend of $0.30. This represents a $1.50 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Thursday, February 28th. Tyson Foods’s payout ratio is 19.48%.

Tyson Foods Company Profile

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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Earnings History and Estimates for Tyson Foods (NYSE:TSN)

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