TSN - Tyson Foods, Inc.
| Previous Close | 60.96 |
| Open | 60.88 |
| Bid | 62.00 x 2200 |
| Ask | 62.60 x 2200 |
| Day's Range | 60.42 - 62.60 |
| 52 Week Range | 56.79 - 84.65 |
| Volume | 4,170,407 |
| Avg. Volume | 2,561,944 |
| Market Cap | 22.834B |
| Beta | -0.07 |
| PE Ratio (TTM) | 8.28 |
| EPS (TTM) | 7.54 |
| Earnings Date | Nov 13, 2018 |
| Forward Dividend & Yield | 1.20 (2.02%) |
| Ex-Dividend Date | 2018-08-30 |
| 1y Target Est | 71.13 |
- Reuters•2 days ago
Brazil's Marfrig to sell U.S. unit to Tyson for $2.5 billion - sources
Brazilian meatpacker Marfrig Global Foods SA (MRFG3.SA) has agreed to sell its U.S. subsidiary, a key McDonald's supplier, to Tyson Foods Inc (TSN.N) for $2.5 billion, two people with knowledge of the matter told Reuters on Friday. In a note to clients, Itaú BBA's equities team said the news is "negative for the stock," as the market hoped for a higher valuation of up to $3 billion, for chicken processor Keystone Foods. Marfrig's controlling shareholder Chairman Marcos Molina, who owns around 35 percent of the meatpacker, agreed on Thursday to sell Keystone, a major chicken products supplier to McDonald's Corp (MCD.N) for $2.5 billion, according to the sources.
Reuters•2 days agoBrazil's Marfrig to sell U.S. unit to Tyson for $2.5 billion: sources
Brazilian meatpacker Marfrig Global Foods SA (MRFG3.SA) has agreed to sell its U.S. subsidiary, a key McDonald's supplier, to Tyson Foods Inc (TSN.N) for $2.5 billion, two people with knowledge of the matter told Reuters on Friday. In a note to clients, Itaú BBA's equities team said the news is "negative for the stock," as the market hoped for a higher valuation of up to $3 billion, for chicken processor Keystone Foods. Marfrig's controlling shareholder Chairman Marcos Molina, who owns around 35 percent of the meatpacker, agreed on Thursday to sell Keystone, a major chicken products supplier to McDonald's Corp (MCD.N) for $2.5 billion, according to the sources.
Market Realist•2 days agoHormel Foods’ Dividend Yield and PE Multiple
Hormel Foods’ (HRL) quarterly dividend payout stands at ~$0.19 per share. The company increased its dividend 10% in November 2017. Hormel Foods is a dividend aristocrat. The company has been paying increased dividends for the last 52 years. Hormel Foods started paying dividends in 1928.
Market Realist•2 days agoHormel Foods: Analysts Remain on the Sidelines
Most of the analysts providing recommendations on Hormel Foods (HRL) have maintained a “hold” rating on the stock ahead of the third fiscal quarter results on August 23. As of August 16, of the 12 analysts covering the stock, 58% recommended a “hold,” 34% recommended a “buy,” and 8% recommended a “sell.”
- Thomson Reuters StreetEvents•2 days ago
Edited Transcript of TSN earnings conference call or presentation 6-Aug-18 1:00pm GMT
Q3 2018 Tyson Foods Inc Earnings Call
- Bloomberg•3 days ago
Tyson Has Agreed to Buy Chicken-Nugget Maker Keystone for $2.5 Billion
Tyson Foods Inc., the largest U.S. meat producer, agreed to buy chicken-nugget maker Keystone Foods LLC for about $2.5 billion, according to a person familiar with the matter. Brazil’s Marfrig Global Foods SA, which is selling Keystone, will retain a U.S. hamburger factory, said the person, who asked not to be identified because the transaction hasn’t been formally announced. Springdale, Arkansas-based Tyson and Marfrig declined to comment on the deal, which was first reported by Reuters.
- Reuters•3 days ago
Tyson wins defense contracts for beef worth $726.6 million -Pentagon
Tyson Fresh Meats, a unit of Tyson Foods, has won a $440 million defense contract to provide fresh beef and frozen ground beef products to military commissaries in the central and eastern United States, the Pentagon said on Thursday. Tyson also won a separate $286.6 million contract to provide fresh beef and frozen ground beef products to commissaries in the U.S. western and Pacific regions, the Pentagon said.
- Zacks•4 days ago
New Strong Sell Stocks for August 16th
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
- Reuters•4 days ago
Brazil's Marfrig expects to sell U.S. Keystone unit shortly
Brazilian meatpacker Marfrig Global Foods SA expects to close the sale of its U.S. chicken processing unit, Keystone Foods, in the next few weeks, executives told journalists on Wednesday. Chief Financial Officer Eduardo Miron said the company is discussing the transaction in the United States this week. Chairman and major shareholder Marcos Molina said the Keystone sale is the company's "number one priority." Proceeds will be used to reduce Marfrig's debt, Molina added.
- Benzinga•5 days ago
Home Depot Sees Higher Costs As Tight Transport Markets Bite Retailer
Home Depot Inc. (NYSE: HD) results took a hit from higher transportation costs that were close to $49 million higher than in Q2. The company's full-year results also expected to feel an impact due to higher expenses. The world's largest home retailer joins a litany of other major companies seeing costs driven up by tighter trucking and freight markets.
- Bloomberg•5 days ago
Tyson’s Quest to Be Your One-Stop Protein Shop
“Now that is a beautiful belly,” Tom Hayes says, running his hand along the plastic-wrapped contours of a slab of pork about the size and shape of a Gutenberg Bible. It’s lying on a stainless steel table in a test kitchen at the Discovery Center, a laboratory for product innovation at Tyson Foods Inc. in Springdale, Ark. Hayes, who’s served as chief executive officer since December 2016, lifts and rotates the block of meat, examining the cut with loving attention.
- Market Realist•5 days ago
Top Gainers in the Consumer Sector Last Week
CVS Health (CVS) released its second-quarter results on August 8 before the market opened. The company’s revenues for the quarter grew 2.2% YoY (year-over-year) to $46.7 billion and beat the estimate by 0.8%. CVS Health’s earnings increased 27.1% YoY to $1.6 per share and exceeded the forecast of $1.6 per share.
- Market Realist•6 days ago
Consumer Sector Was Mediocre in the Week Ending August 10
So far, 91% of the companies in the S&P 500 have reported their third-quarter earnings. Last week was mediocre for the market. The S&P 500 Index (SPY) fell 0.25% for the week ending August 10. Last week was average for most of the sectors in the index.
- Zacks•7 days ago
Tyson Foods' (TSN) Sale of Pizza Crust Unit to Drive Growth
Tyson Foods (TSN) inks a deal to offload its pizza crust business to an affiliate of Peak Rock Capital. The agreement, which includes the sale of TNT Crust, is expected to close in September.
- PR Newswire•10 days ago
Peak Rock Capital Affiliate Signs Definitive Agreement To Acquire TNT Crust From Tyson Foods, Inc.
AUSTIN, Texas, Aug. 10, 2018 /PRNewswire/ -- An affiliate of Peak Rock Capital ("Peak Rock"), a leading middle-market private equity firm, announced today that it has signed a definitive agreement to acquire the TNT Crust business ("TNT" or the "Company"), a leading manufacturer and distributor of pizza crusts, from Tyson Foods, Inc. (TSN). Founded in 1981, TNT is a leading manufacturer and distributor of partially baked, self-rising, flat breads and other pizza crusts for the foodservice and retail channels.
- The Wall Street Journal•10 days ago
[$$] Tyson to Sell Pizza Crust Business to Peak Rock Capital
Inc. is selling its pizza crust business to private-equity firm Peak Rock Capital, in one of the latest moves by the food company to focus more on its protein products. The sale includes TNT Crust, a business that sells pizza crusts to frozen-pizza makers and food-service customers. Tyson said the deal, the financial terms of which weren’t disclosed, is expected to close in September.
- GlobeNewswire•10 days ago
Tyson Foods, Inc. Announces Quarterly Dividend
SPRINGDALE, Ark., Aug. 09, 2018-- The Board of Directors of Tyson Foods, Inc., at a meeting on August 9, 2018, declared a quarterly dividend of $0.30 per share on Class A common stock and $0.27 per share ...
- GlobeNewswire•10 days ago
Tyson Foods Agrees to Sell Pizza Crust Business to Peak Rock Capital
SPRINGDALE, Ark., Aug. 09, 2018-- Tyson Foods, Inc. has reached an agreement to sell its pizza crust business to an affiliate of private equity firm Peak Rock Capital, the company announced today. Terms ...
Markit•11 days agoSee what the IHS Markit Score report has to say about Tyson Foods Inc.
Tyson Foods Inc NYSE:TSN
- Zacks•13 days ago
Stock Market News For Aug 7, 2018
U.S. stocks closed higher on Monday supported by strong second quarter earnings results
Market Realist•13 days agoTyson Foods: Analysts Maintain a ‘Buy’ Rating
Most of the analysts maintain a “buy” rating on Tyson Foods (TSN) stock. The demand for protein is expected to remain high, which should drive the company’s sales and earnings. Continued strength in the company’s Prepared Foods segment and a favorable mix should support the growth. However, headwinds from tariffs, oversupply in the Pork segment, and weak demand for chicken will likely have a negative impact on the company’s financials in the near term.
- Market Realist•13 days ago
Tyson Foods’ Sales in the Third Fiscal Quarter
Tyson Foods (TSN) reported total sales of $10.1 billion in the third fiscal quarter, which missed analysts’ expectation but increased 2.0% on a YoY (year-over-year) basis. The Beef segment’s sales remained flat in the third fiscal quarter. Retaliatory tariffs hampered the exports and impacted the pricing.
- Market Realist•13 days ago
Tyson Foods Reports Mixed Third Fiscal Quarter Results
Tyson Foods (TSN) reported mixed third fiscal quarter (period ending June 30) results on August 6. The company’s top line marked a YoY (year-over-year) improvement but fell short of analysts’ consensus estimate. However, Tyson Foods’ adjusted EPS had stellar growth and surpassed the consensus estimate. Tyson Foods stock rose 3.3% following its strong performance on the earnings front.
Associated Press•13 days agoStocks rise on company earnings, oil gains on Iran sanctions
BEIJING (AP) — Global stock markets rose Tuesday as investors looked past U.S.-China trade tensions and the price of oil increased after the U.S. imposed new sanctions on Iran.
