Tyson Foods, Inc. [NYSE: TSN] loss -0.90% or -0.59 points to close at $65.13 with a heavy trading volume of 2321571 shares.
The daily chart for TSN points out that the company has recorded 21.97% gains over the past six months.
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If we look at the average trading volume of 2.03M shares, TSN reached to a volume of 2321571 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 $62.50 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 2.79. 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.
Barclays have made an estimate for Tyson Foods, Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 16, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $47 to $62. The new note on the price target was released on February 06, 2024, representing the official price target for Tyson Foods, Inc. stock. Previously, the target price had yet another raise to $56, while Citigroup analysts kept a Neutral rating on TSN stock.
The Average True Range (ATR) for Tyson Foods, Inc. is set at 1.08, with the Price to Sales ratio for TSN stock in the period of the last 12 months amounting to 0.43. The Price to Book ratio for the last quarter was 1.26, with the Price to Cash per share for the same quarter was set at 7.40. Price to Free Cash Flow for TSN in the course of the last twelve months was 21.91 with Quick ratio for the last quarter at 0.95.
Trading performance analysis for TSN stock
Tyson Foods, Inc. [TSN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.85. With this latest performance, TSN shares gained by 5.83% in over the last four-week period, additionally plugging by 21.97% over the last 6 months – not to mention a rise of 24.89% 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 64.22, with the RSI for the last a single of trading hit 63.50, and the three-weeks RSI is set at 63.69 for Tyson Foods, Inc. [TSN]. The present Moving Average for the last 50 days of trading for this stock 60.64, while it was recorded at 64.92 for the last single week of trading, and 56.74 for the last 200 days.
Tyson Foods, Inc. [TSN]: A deeper dive into fundamental analysis
Tyson Foods, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.95 and a Current Ratio set at 1.82.
Tyson Foods, Inc. [TSN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Tyson Foods, Inc. posted 0.37/share EPS, while the average EPS was predicted by analysts to be reported at 0.29/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.08. 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 51.20%.
An analysis of Institutional ownership at Tyson Foods, Inc. [TSN]
There are presently around $84.07%, or 86.16%% of TSN stock, in the hands of institutional investors. The top three institutional holders of TSN stocks are: VANGUARD GROUP INC with ownership of 35.21 million shares, which is approximately 9.946%. BLACKROCK INC., holding 24.5 million shares of the stock with an approximate value of $$1.4 billion in TSN stocks shares; and BLACKROCK INC., currently with $$804.42 million in TSN stock with ownership which is approximately 3.9768%.
