Taking into account all relevant factors, Tyson Foods, Inc. (NYSE:TSN) scores 88% Buy on the technical side. The share price is also flashing a Buy from the Barchart TrendSpotter trading system. Investors starting out on a short-term path of investing should know that short terms indicators for TSN averaged 50% Buy with an average daily trading volume over the past 20 days at 2451159 shares. Those using medium-term investment strategies, the shares have overall a 1% Buy signal while the 50-day average daily volume remained almost 2476880 shares. It’s also important to note that the stock, whose average daily volume over the 100 days as of this piece was 2482797 shares, is signaling100% Buy for long term investors.
The stock is lingering around the initial support level of $90.04. After this, the following support is at the zone of $89.3. Up until the time the TSN stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 47.19 on the daily chart, and this may be a cause for concern. In case the price goes below $89.3 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $91.93 level may cause a pull-back move approaching $93.08 mark.
Tyson Foods, Inc. (TSN) is most likely going to rise 10.19 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $107 as 12-month high price target. This represents a whopping 19.19 percent increase from the current trading price of shares. The 52-week median price target given by the analysts is $100, which means a return possibility of 11.4 percent in comparison with the closing price of the stock of $89.77 in recent trading session. The lowest price set for the stock is $89 which is just above -0.86 percent from TSN share’s price at the end of session.
Let’s take a glimpse at some insider activity at Tyson Foods, Inc. (NYSE:TSN) and observe the pattern. The earliest insider trade happened on 12/17/2019. Stouffer Stephen R parted with a total of 15.72 thousand shares of the firm at average share price of $90.16. The total amount for the sale was set at $1.42 million. On completing this exchange, the Group President Fresh Meats account balance was 44.66 thousand shares. The stock grew 2.13 percent from that insider sale. On 12/02/2019, Thurber Robert C., Director, did a sale of 0.04 thousand shares at a price of $89.22 per share. This got rid of 3.57 thousand shares from the insider’s fortune and the stock experienced a 3.21 percent rally in price since the news became public. This exchange saw 53.59 thousand shares get out from the Director account. On 11/14/2019, EVP & Chief HR Officer Oleksiuk Mary recorded a sale transaction valued at $2.62 million. The sale at $92.22 a share has eliminated 28.38 thousand shares from the insider’s portfolio position. Meanwhile, shares price witnessed -0.15 percent decrease since the transaction reporting date. The company insider is left with 86.96 thousand shares remaining in the account. Rouse Scott, who works as EVP & Chief Customer Officer at the company, performed a sale of 16.29 thousand shares in a transaction worth $1.41 million. The disposal recorded on 08/07/2019 was priced at $86.45 per share. The stock price soared 6.51 percent since the transaction. Rouse Scott currently holds a stake of 31.28 thousand in TSN stock which is worth $2.81 million after the insider selling.
In the recent trading session, Tyson Foods, Inc. (NYSE:TSN) shares lost -1.12% or -1.02 points to reach at $89.77 with a thin trading volume of 1.149 million shares. It opened the trading session at $91.64, the shares rose to $92.33 and dropped to $90.44, the range by which the price of stock traded the whole session. The company now has a market cap of $32.2 billion and currently has 354.6 million outstanding shares. Tyson Foods, Inc. (TSN) stock has accumulated 3.21 percent of market value in 21 trading days.
Stock analysts at Stephens cut their rating on shares of Tyson Foods, Inc. (NYSE:TSN) from Overweight to a new rating of Equal-Weight in their opinion released on January 16. Analysts at Credit Suisse issued an upgrade for the stock to Outperform from previous rating of Neutral, in a research note that dated back to May 14.
TSN stock’s trailing 3-year beta is 0.41, meaning there will be a lower rate of return, although posing a lower risk. The part of a firm’s profit given to each outstanding share of regular stock was $5.56 share in the trailing 52 weeks. The stock’s value fallen -0.27 percent year to date (YTD) compared to a rise of 54.96 percent in 52 week’s period. The firm’s shares are still trading -4.74 percent below its 1-year high of $94.24 and 54.25 percent up from 52-week low of $58.20. The average consensus ranking on the company is 1.8, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a buy.
Tyson Foods, Inc. (TSN) shares are trading at a P/E ratio of 16.5 times earnings posted in the trailing 12 months. The industry TSN deals with has an average P/E of 24.43. Its P/B ratio is standing at 2.37X compared to the 7.06 industry average. It is additionally sporting a 0.73 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0.45. Tyson Foods, Inc. has a 11.8% gross profit margin, with its operating margin around 6.7%. Alongside this, the company’s net profit margin currently stands at 4.8%.
Past records have indicated that shares in Tyson Foods, Inc. rose on 25 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings.