Tyson Foods, Inc. (NYSE:TSN) – Research analysts at Jefferies Group decreased their Q1 2018 earnings estimates for shares of Tyson Foods in a research note issued on Tuesday. Jefferies Group analyst A. Jagdale now forecasts that the company will post earnings per share of $1.54 for the quarter, down from their prior forecast of $1.62. Jefferies Group has a “Buy” rating and a $85.00 price target on the stock. Jefferies Group also issued estimates for Tyson Foods’ Q2 2018 earnings at $1.24 EPS, Q3 2018 earnings at $1.43 EPS, Q4 2018 earnings at $1.56 EPS, Q1 2019 earnings at $1.37 EPS, Q2 2019 earnings at $1.39 EPS, Q3 2019 earnings at $1.64 EPS, Q4 2019 earnings at $1.79 EPS, FY2019 earnings at $6.19 EPS and FY2020 earnings at $6.71 EPS.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings data on Monday, November 13th. The company reported $1.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.38 by $0.05. The firm had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.93 billion. Tyson Foods had a net margin of 4.64% and a return on equity of 20.00%. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the business posted $0.96 EPS.

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Other equities research analysts have also issued research reports about the stock. Credit Suisse Group reiterated a “neutral” rating and issued a $75.00 price objective (up previously from $70.00) on shares of Tyson Foods in a research note on Sunday, October 1st. They noted that the move was a valuation call. Fundamental Research set a C$1.82 target price on shares of Tyson Foods and gave the company a “buy” rating in a research report on Thursday, August 17th. BidaskClub raised shares of Tyson Foods from a “hold” rating to a “buy” rating in a research report on Monday, August 14th. Zacks Investment Research downgraded shares of Tyson Foods from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, raised shares of Tyson Foods from a “sell” rating to a “hold” rating and set a $75.00 target price for the company in a research report on Wednesday. Eight analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. Tyson Foods has a consensus rating of “Buy” and an average price target of $73.71.

Shares of Tyson Foods (NYSE:TSN) opened at $77.97 on Friday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 0.79. The company has a market cap of $28,400.00, a PE ratio of 14.33 and a beta of 0.30. Tyson Foods has a one year low of $55.72 and a one year high of $78.03.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be issued a $0.30 dividend. The ex-dividend date is Wednesday, February 28th. This is an increase from Tyson Foods’s previous quarterly dividend of $0.23. This represents a $1.20 annualized dividend and a yield of 1.54%. Tyson Foods’s dividend payout ratio (DPR) is 18.79%.

In related news, Director Zepeda Francisco Art Bonillas sold 107,264 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $0.53, for a total value of $56,849.92. 2.65% of the stock is currently owned by company insiders.

A number of large investors have recently made changes to their positions in the business. Financial Counselors Inc. boosted its holdings in Tyson Foods by 0.3% in the 2nd quarter. Financial Counselors Inc. now owns 4,799 shares of the company’s stock valued at $301,000 after purchasing an additional 15 shares during the period. Montecito Bank & Trust boosted its holdings in Tyson Foods by 3.7% in the 2nd quarter. Montecito Bank & Trust now owns 4,160 shares of the company’s stock valued at $260,000 after purchasing an additional 147 shares during the period. Lumbard & Kellner LLC boosted its holdings in Tyson Foods by 0.4% in the 2nd quarter. Lumbard & Kellner LLC now owns 39,875 shares of the company’s stock valued at $2,497,000 after purchasing an additional 150 shares during the period. Quantum Capital Management boosted its holdings in Tyson Foods by 4.3% in the 2nd quarter. Quantum Capital Management now owns 3,863 shares of the company’s stock valued at $242,000 after purchasing an additional 161 shares during the period. Finally, CIBC Asset Management Inc boosted its holdings in Tyson Foods by 0.5% in the 2nd quarter. CIBC Asset Management Inc now owns 34,779 shares of the company’s stock valued at $2,178,000 after purchasing an additional 166 shares during the period. 70.69% of the stock is owned by hedge funds and other institutional investors.

Tyson Foods Company Profile

Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods.

Earnings History and Estimates for Tyson Foods (NYSE:TSN)

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