Tyson Foods Inc. [TSN] moved down -1.96: Why It’s Important

Tyson Foods Inc. [NYSE: TSN] stock went on a downward path that fall over -1.96% on Thursday, amounting to a one-week price decrease of less than -4.19%. The company report on March 1, 2023 that Tyson Ventures Seeks Upcycling Startups for Annual Tyson Demo Day.

• Upcycling is the theme for 2023.

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• Selected participants to pitch at Tyson Demo Day on July 11, 2023.

Over the last 12 months, TSN stock dropped by -35.38%. The one-year Tyson Foods Inc. stock forecast points to a potential upside of 16.3. The average equity rating for TSN stock is currently 2.80, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $19.94 billion, with 356.00 million shares outstanding and 282.91 million shares in the current float. Compared to the average trading volume of 3.16M shares, TSN stock reached a trading volume of 3775587 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Tyson Foods Inc. [TSN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TSN shares is $67.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TSN stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Tyson Foods Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 07, 2023. While these analysts kept the previous recommendation, Barclays dropped their target price from $89 to $58. The new note on the price target was released on November 28, 2022, representing the official price target for Tyson Foods Inc. stock. Previously, the target price had yet another drop from $73 to $61, while BofA Securities kept a Underperform rating on TSN stock.

The Average True Range (ATR) for Tyson Foods Inc. is set at 1.23, with the Price to Sales ratio for TSN stock in the period of the last 12 months amounting to 0.37. The Price to Book ratio for the last quarter was 1.02, with the Price to Cash per share for the same quarter was set at 1.84.

TSN Stock Performance Analysis:

Tyson Foods Inc. [TSN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.19. With this latest performance, TSN shares dropped by -9.17% in over the last four-week period, additionally sinking by -21.37% over the last 6 months – not to mention a drop of -35.38% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TSN stock in for the last two-week period is set at 29.40, with the RSI for the last a single of trading hit 24.37, and the three-weeks RSI is set at 32.98 for Tyson Foods Inc. [TSN]. The present Moving Average for the last 50 days of trading for this stock 61.35, while it was recorded at 57.72 for the last single week of trading, and 70.30 for the last 200 days.

Insight into Tyson Foods Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Tyson Foods Inc. [TSN] shares currently have an operating margin of +7.98 and a Gross Margin at +12.13. Tyson Foods Inc.’s Net Margin is presently recorded at +6.08.

Return on Total Capital for TSN is now 15.09, given the latest momentum, and Return on Invested Capital for the company is 11.93. Return on Equity for this stock inclined to 17.30, with Return on Assets sitting at 8.86. When it comes to the capital structure of this company, Tyson Foods Inc. [TSN] has a Total Debt to Total Equity ratio set at 44.75. Additionally, TSN Total Debt to Total Capital is recorded at 30.91, with Total Debt to Total Assets ending up at 23.94. Long-Term Debt to Equity for the company is recorded at 41.68, with the Long-Term Debt to Total Capital now at 28.80.

Reflecting on the efficiency of the workforce at the company, Tyson Foods Inc. [TSN] managed to generate an average of $22,803 per employee. Receivables Turnover for the company is 21.41 with a Total Asset Turnover recorded at a value of 1.46.Tyson Foods Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.80.

TSN Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TSN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tyson Foods Inc. go to 7.50%.

Tyson Foods Inc. [TSN] Insider Position Details

There are presently around $13,357 million, or 86.30% of TSN stock, in the hands of institutional investors. The top three institutional holders of TSN stocks are: VANGUARD GROUP INC with ownership of 38,724,256, which is approximately 2.033% of the company’s market cap and around 1.20% of the total institutional ownership; BLACKROCK INC., holding 25,132,123 shares of the stock with an approximate value of $1.41 billion in TSN stocks shares; and STATE STREET CORP, currently with $816.92 million in TSN stock with ownership of nearly 0.769% of the company’s market capitalization.

Positions in Tyson Foods Inc. stocks held by institutional investors increased at the end of Monday and at the time of the Monday reporting period, where 433 institutional holders increased their position in Tyson Foods Inc. [NYSE:TSN] by around 27,252,984 shares. Additionally, 451 investors decreased positions by around 32,296,911 shares, while 105 investors held positions by with 178,621,395 shares. The mentioned changes placed institutional holdings at 238,171,290 shares, according to the latest SEC report filing. TSN stock had 118 new institutional investments in for a total of 3,653,957 shares, while 110 institutional investors sold positions of 2,649,660 shares during the same period.

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