Wall Street brokerages expect that Tyson Foods, Inc. (NYSE:TSN) will post earnings per share (EPS) of $1.33 for the current quarter, according to Zacks. Three analysts have provided estimates for Tyson Foods’ earnings. The lowest EPS estimate is $1.17 and the highest is $1.55. Tyson Foods posted earnings of $1.43 per share in the same quarter last year, which would suggest a negative year over year growth rate of 7%. The firm is scheduled to issue its next quarterly earnings report on Monday, November 12th.

On average, analysts expect that Tyson Foods will report full-year earnings of $5.92 per share for the current financial year, with EPS estimates ranging from $5.75 to $6.14. For the next year, analysts expect that the company will report earnings of $6.03 per share, with EPS estimates ranging from $5.58 to $6.15. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Tyson Foods.

Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, August 6th. The company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.33 by $0.17. Tyson Foods had a net margin of 7.17% and a return on equity of 18.84%. The business had revenue of $10.05 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the company earned $1.28 EPS. The firm’s revenue was up 2.0% compared to the same quarter last year.

TSN has been the topic of several recent research reports. ValuEngine downgraded shares of Tyson Foods from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd. reiterated a “sell” rating on shares of Tyson Foods in a research report on Thursday, July 5th. Zacks Investment Research downgraded shares of Tyson Foods from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. Mizuho set a $87.00 target price on shares of Tyson Foods and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Finally, Stephens cut their target price on shares of Tyson Foods to $73.00 and set an “overweight” rating on the stock in a research report on Monday, July 30th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $74.60.

NYSE:TSN traded up $0.06 during mid-day trading on Friday, hitting $60.29. 1,608,435 shares of the company’s stock were exchanged, compared to its average volume of 2,366,393. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.48 and a quick ratio of 0.66. Tyson Foods has a fifty-two week low of $56.79 and a fifty-two week high of $84.65. The company has a market cap of $21.79 billion, a PE ratio of 11.35, a P/E/G ratio of 0.92 and a beta of 0.14.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 30th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.99%. Tyson Foods’s payout ratio is presently 22.60%.

Several institutional investors have recently added to or reduced their stakes in TSN. First Republic Investment Management Inc. increased its stake in Tyson Foods by 29.6% during the 1st quarter. First Republic Investment Management Inc. now owns 5,479 shares of the company’s stock valued at $401,000 after purchasing an additional 1,251 shares in the last quarter. Stifel Financial Corp increased its stake in Tyson Foods by 49.7% during the 1st quarter. Stifel Financial Corp now owns 22,142 shares of the company’s stock valued at $1,629,000 after purchasing an additional 7,350 shares in the last quarter. GSA Capital Partners LLP increased its stake in Tyson Foods by 22.5% during the 1st quarter. GSA Capital Partners LLP now owns 14,077 shares of the company’s stock valued at $1,030,000 after purchasing an additional 2,585 shares in the last quarter. Asset Management One Co. Ltd. increased its stake in Tyson Foods by 7.0% during the 1st quarter. Asset Management One Co. Ltd. now owns 535,670 shares of the company’s stock valued at $39,206,000 after purchasing an additional 35,165 shares in the last quarter. Finally, Principal Financial Group Inc. increased its stake in Tyson Foods by 31.6% during the 1st quarter. Principal Financial Group Inc. now owns 1,531,213 shares of the company’s stock valued at $112,069,000 after purchasing an additional 368,074 shares in the last quarter. Institutional investors own 70.21% of the company’s stock.

Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and 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.

See Also: What is a Call Option?

Get a free copy of the Zacks research report on Tyson Foods (TSN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Tyson Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods and related companies with MarketBeat.com's FREE daily email newsletter.