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Earnings Growth & Price Strength Make Tyson Foods (TSN) a Stock to Watch

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Focus List Spotlight: Tyson Foods (TSN)

Headquartered in Arkansas, Tyson Foods Inc. was founded in 1935. It is the biggest U.S. chicken company and produces, distributes and markets chicken, beef, pork as well as prepared foods. Its products are marketed and sold primarily by sales staff to grocery retailers, grocery wholesalers, meat distributors, military commissaries, industrial food processing companies, chain restaurants, international export companies and domestic distributors.

Since being added to the Focus List on September 19, 2016 at $65.58 per share, shares of TSN have increased 19.46% to $79.22. The stock is currently a #3 (Hold) on the Zacks Rank.

For fiscal 2021, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.67 to $8.03. TSN boasts an average earnings surprise of 38.4%.

Additionally, TSN's earnings are expected to grow 42.4% for the current fiscal year.

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