Tyson Foods Inc. (TSN): What is the Risk Factor?

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Tyson Foods Inc. (NYSE:TSN) saw a downside of -1.38% to close Tuesday at $65.24 after subtracting -$0.91 on the day. The 5-day average trading volume is 2,315,020 shares of the company’s common stock. It has gained $74.07 in the past week and touched a new high 3 times within the past 5 days. An average of 2,247,705 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,988,242.

TSN’s 1-month performance is 7.37% or $3.89 on its low of $60.90 reached on 12/27/22. The company’s shares have touched a 52-week low of $59.38 and high of $100.72, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, TSN has achieved 4.80% or $2.99 and has reached a new high 5 times. However, the current price is down -35.23% from the 52-week high price.


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Insider Transactions

TSN stock investors last saw insider trading activity on Dec 05.Miller Shane (Group President Fresh Meats) most recently sold 5,000 shares at $64.44 per share on Dec 05. This transaction cost the insider $322,186. Group President Fresh Meats, Miller Shane, sold 6,608 shares at a price of $67.75 on Nov 22. Then, on May 11, EVP&Chief Legal Officer Tu Amy sold 3,346 shares at a price of $90.30 per share. This transaction amounted to $302,130.

Valuation Metrics

TSN stock has a beta of 0.72. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.43 while the price-to-book (PB) in the most recent quarter is 1.18, with the price to cash flow ratio at 156.60.

Tyson Foods Inc.’s quick ratio for the period ended June 29 was 0.80, with the current ratio over the same period at 1.80. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.40, while the total debt to equity was 0.42.. In terms of profitability, the gross margin trailing 12 months is 12.50%. The firm’s gross profit as reported stood at $6.67 billion against revenue of $53.28 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -93.3% to $701.0 million, while revenue of $750.0 million was -6.99% off the previous quarter. Analysts expected TSN to announce $1.98 per share in earnings in its latest quarter, but it posted $1.94, representing a -2.00% surprise. EBITDA for the quarter stood at more than $1.11 billion. TSN stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 17.01 billion, with total debt at $8.33 billion. Shareholders hold equity totaling $359.59 million.

Let’s look briefly at Tyson Foods Inc. (TSN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 55.39% to suggest the stock is trending Neutral, with historical volatility in this time period at 22.94%.

The stock’s 5-day moving average is $64.69, reflecting a -0.18% or -$0.12 change from its current price. TSN is currently trading +7.16% above its 20-day SMA, -14.99% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.76% and SMA200 by-28.23%.

Stochastic %K and %D was 55.34% and 55.99% and the average true range (ATR) pointed at 2.12. The RSI (14) points at 54.26%, while the 14-day stochastic is at 20.13% with the period’s ATR at 1.83. The stock’s 9-day MACD Oscillator is pointing at 0.43 and 0.32 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Tyson Foods Inc. (NYSE: TSN), Barclays downgraded it to an Underweight rating. They previously had an Equal weight rating on the stock. Analysts offering their rating for TSN stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate TSN as a “sell,”, while 6 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 4 have offered a “buy” rating.

What is TSN’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $58.00 and a high of $95.00, with their median price target at $73.00. Looking at these predictions, the average price target given by analysts is for Tyson Foods Inc. (TSN) stock is $75.11.

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