As of Wednesday close, Tyson Foods Inc.’s (NYSE:TSN) stock was down -$0.3, moving down -0.55 percent to $54.37. The average number of shares traded per day over the past five days has been 1,855,580 shares. 3 times new highs have been achieved over the past 5 days, with a $0.90 gain in that time frame. In the last twenty days, the average volume was 3,046,770, while in the previous 50 days, it was 2,968,280.
Since last month, TSN stock retreated -1.72%. Shares of the company fell to $50.10 on 08/07/23, the lowest level in the past month. A 52-week high of $77.91 was reached on 01/24/23 after having rallying from a 52-week low of $47.11. Since the beginning of this year, TSN’s stock price has dropped by -12.66% or -$7.88, and marked a new high 5 times. However, the stock has declined by -30.21% since its 52-week high.
TSN stock investors should be aware that Tyson Foods Inc. (TSN) stock had its last reported insider trading activity 111 days ago on May 12. MCNAMARA KEVIN M, the Director of the company, purchased of 20,500 shares for $48.92 on May 12. It resulted in a $1,002,803 investment by the insider. Soderstrom Johanna added 5,000 shares at an average price of $49.22 on May 12. The insider now owns 32,847 shares following the transaction. On May 11, President&CEO King Donnie bought 10,350 shares at $48.35 apiece. The transaction was valued at $500,422.
Valuation Metrics
Right now, Tyson Foods Inc. (TSN) has a P/E ratio of about 58.46. The stock’s beta is 0.77. Besides these, the trailing price-to-sales (P/S) ratio of 0.36, the price-to-book (PB) ratio of 1.02, and the price-to-cash flow ratio of 197.88 may also be considered.
The latest dividend of $0.48 per share was paid out, remained unchanged from last year’s $0.48.
Financial Health
In the three months ended June 29, Tyson Foods Inc.’s quick ratio stood at 0.70, while its current ratio was 1.80, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.47, and the total debt-to-equity ratio was 0.50. On the profitability front, the trailing twelve-month gross margin is 6.80% percent. In the year ended June 29, EBITDA margin amounted to 10.21%, whereas operating margins totaled 1.60%. Based on annual data, TSN earned $6.67 billion in gross profit and brought in $53.28 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 12.50%. Return on equity (ROE) for the past 12 months was 1.80%.
In Tyson Foods Inc.’s quarter-end financial report for June 29, it reported total debt of $8.86 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TSN’s revenue fell -2.7% to $13.13 billion during the quarter, while net income inched up to $13.14 billion. While analysts expected Tyson Foods Inc. to report $0.26 quarterly earnings, the actual figure was $0.15 per share, beating the consensus estimate by -42.30%. During the quarter, the company generated $421.0 million in EBITDA. The liabilities of Tyson Foods Inc. were 17.85 billion at the end of its most recent quarter ended June 29, and its total debt was $9.32 billion. The value of shareholders’ equity is $355.56 million.
Technical Picture
This quick technical analysis looks at Tyson Foods Inc.’s (TSN) price momentum. With a historical volatility rate of 14.05%, the RSI 9-day stood at 51.28% on 30 August.
With respect to its five-day moving average, the current Tyson Foods Inc. price is up by +1.68% percent or $0.90. At present, TSN shares trade -1.88% below its 20-day simple moving average and -8.79% percent below its 100-day simple moving average. However, the stock is currently trading approximately +9.11% above its SMA50 and -18.19% below its SMA200.
Stochastic coefficient K was 61.57% and Stochastic coefficient D was 58.58%, while ATR was 0.98. Given the Stochastic reading of 58.14% for the 14-day period, the RSI (14) reading has been calculated as 51.90%. As of today, the MACD Oscillator reading stands at 0.17, while the 14-day reading stands at 0.20.
Analyst Ratings
Goldman reiterated its a Neutral rating on Tyson Foods Inc. (NYSE: TSN) in a note to investors. The analysts firm has however raised their price target to $64, representing a possible 17.62% increase in the stock price. Tyson Foods Inc. (TSN) has been rated Hold by analysts. According to 1 brokerage firm, TSN is a sell, and 6 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Tyson Foods Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $53.50, the current consensus forecast for the stock is $48.00 – $70.00. Based on these forecasts, analysts predict Tyson Foods Inc. (TSN) will achieve an average price target of $56.29.
