Tyson Foods (NYSE: TSN) published an update on the FY18 income instructions Monday morning. The company provided EPS guidance of $ 5.70-6.00 for the period compared to the consensus EPS estimate of $ 5.81 from Thomson Reuters.
The shares of TSN opened Tuesday at $ 63.40. The stock has a market capitalization of $ 22.03 billion, a PE ratio of 11.94, a price-earnings ratio of 0.94 and a beta of 0.05. Tyson Foods has a lowest price level of $ 56.79 and a highest point in 1 year is $ 84.65. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.66 and a current ratio of 1.48.
Tyson Foods (NYSE: TSN) last published its earnings results on Monday, August 6th. The company reported $ 1.50 earnings per share for the quarter, thereby defeating Thomson Reuters' consensus estimate of $ 1.33 with $ 0.17. The company had revenues of $ 10.05 billion for the quarter compared with analysts' expectations of $ 10.22 billion. Tyson Foods had a net margin of 7.17% and a return on equity of 18.84%. The company's turnover increased by 2.0% compared to the same quarter last year. In the same quarter of last year, the company earned $ 1.28 earnings per share. analysts predict that Tyson Foods will publish 5.81 EPS for the current year.
The company recently announced a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 30 will receive a dividend of $ 0.30. This represents a $ 1.20 dividend on an annual basis and a return of 1.89%. The dividend payment of Tyson Foods (DPR) is 22.60%.
Several analysts have recently weighed on the shares. ValuEngine reduced the shares of Tyson Foods from a sales score to a strong sales score in a report on Monday 30 July. Zacks Investment Research cut Tyson Foods shares from a hold rating to a sell rating in a report on Tuesday 24 July. Stephens lowered its price target on Tyson Foods shares to $ 73.00 and placed an overweight position on the shares in a study letter on Monday 30 July. They noted that the move was a valuation call. Mizuho set a target price of $ 87.00 on Tyson Foods shares and gave the company a buy-rating in a study letter on Wednesday 25 July. Finally, Piper Jaffray Companies repeated a buy rating and issued a price target of $ 70.00 on Tyson Foods shares in a research note on Tuesday, July 31. Three investment analysts have rated the shares with a sell rating, eight have a hold rating and nine have assigned a buy-rating to the company's shares. Tyson Foods currently has a consensus rating from Hold and an average target price of $ 75.73.
In other news, insider Sally Grimes sold 19,258 shares of the company's shares in a transaction that took place on Sunday, July 1. The shares were sold at an average price of $ 68.85 for a total transaction of $ 1,325,913.30. The sale has been published in a document submitted to the SEC and is accessible via the SEC website. CEO Thomas P. Hayes also sold 20,202 shares of the company in a transaction that took place on Sunday 1 July. The stock was sold at an average price of $ 68.85 for a total transaction of $ 1,390,907.70. The information for this sale can be found here. In the past 90 days, insiders have sold 39,610 shares of company shares valued at $ 2,727,593. Insiders own 1.55% of the company's shares.
About Tyson Foods
Tyson Foods, Inc., together with its subsidiaries, is active worldwide as a food company. It works in four segments: chicken, beef, pork and prepared meals. The company raises and processes chickens into fresh, frozen and chicken products with added value; processed live-fed cattle and live market pigs; and produces cooked beef and pork carcasses in primary and sub-primary meat products, as well as case-ready beef and pork and fully cooked meat.
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