TSN has been the topic of several other research reports. Zacks Investment Research downgraded shares of Tyson Foods from a “buy” rating to a “hold” rating and set a $98.00 price target on the stock. in a research note on Monday, April 11th. BMO Capital Markets lowered shares of Tyson Foods from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $115.00 to $99.00 in a research report on Monday, March 14th. Stephens lifted their price target on Tyson Foods from $110.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, February 8th. JPMorgan Chase & Co. lifted their price target on Tyson Foods from $88.00 to $91.00 and gave the company a “neutral” rating in a report on Tuesday, February 8th. Finally, Piper Sandler downgraded Tyson Foods from a “neutral” rating to an “underweight” rating and cut their price target for the company from $87.00 to $81.00 in a report on Tuesday, May 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Tyson Foods presently has an average rating of “Hold” and an average price target of $97.33.
Tyson Foods stock opened at $89.54 on Friday. The firm has a 50-day moving average price of $91.08 and a 200-day moving average price of $88.87. The firm has a market capitalization of $32.46 billion, a PE ratio of 8.84, a price-to-earnings-growth ratio of 1.40 and a beta of 0.69. The company has a current ratio of 1.68, a quick ratio of 0.94 and a debt-to-equity ratio of 0.45. Tyson Foods has a 12-month low of $69.88 and a 12-month high of $100.72.
In other Tyson Foods news, Director Noel W. White sold 22,540 shares of the business’s stock in a transaction dated Thursday, March 17th. The stock was sold at an average price of $87.19, for a total transaction of $1,965,262.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Amy Tu sold 3,346 shares of the company’s stock in a transaction dated Wednesday, May 11th. The stock was sold at an average price of $90.30, for a total value of $302,143.80. Following the completion of the sale, the executive vice president now owns 51,381 shares in the company, valued at approximately $4,639,704.30. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 30,936 shares of company stock worth $2,752,206. 1.85% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of Tyson Foods during the fourth quarter valued at approximately $107,783,000. Candlestick Capital Management LP increased its holdings in shares of Tyson Foods by 2,800.0% in the fourth quarter. Candlestick Capital Management LP now owns 1,160,000 shares of the company’s stock valued at $101,106,000 after purchasing an additional 1,120,000 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Tyson Foods in the fourth quarter valued at approximately $90,879,000. Los Angeles Capital Management LLC increased its holdings in shares of Tyson Foods by 486.0% in the first quarter. Los Angeles Capital Management LLC now owns 1,025,288 shares of the company’s stock valued at $91,897,000 after purchasing an additional 850,310 shares during the last quarter. Finally, BlackRock Inc. increased its holdings in shares of Tyson Foods by 3.3% in the first quarter. BlackRock Inc. now owns 21,532,930 shares of the company’s stock valued at $1,929,996,000 after purchasing an additional 690,099 shares during the last quarter. 66.94% of the stock is owned by institutional investors.
About Tyson Foods (Get Rating)
Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and live market hogs; 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; raises and processes chickens into fresh, frozen, and value-added chicken products; and supplies poultry breeding stock; sells specialty products, such as hides and meats.
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