|Bid||0.00 x 2200|
|Ask||0.00 x 1800|
|Day's Range||57.76 - 59.96|
|52 Week Range||56.79 - 84.65|
|Beta (3Y Monthly)||-0.18|
|PE Ratio (TTM)||7.54|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||1.20 (1.93%)|
|1y Target Est||70.86|
Most of the analysts providing recommendations on Tyson Foods (TSN) stock maintained a favorable outlook. Analysts expect the global demand for protein and the availability of livestock to drive Tyson’s financials. Also, Tyson stock is trading at a forward PE multiple of 9.8x, which is ~24% lower than its four-year historical average multiple of 12.9x.
On November 13, Tyson Foods (TSN) reported mixed fourth-quarter results for the period ending on September 29. Tyson’s top line fell short of analysts’ estimate and declined 1.4% on a YoY (year-over-year) basis, which reflected lower average pricing. However, the adjusted earnings grew and beat the consensus estimate. The company lowered its 2019 sales outlook by $1 billion due to pricing pressure. Tyson’s adjusted earnings are expected to remain lower than its adjusted earnings in 2018. Tyson shares decreased 5.4% following its fourth-quarter results and soft sales and earnings guidance.
NEW YORK, NY / ACCESSWIRE / November 14, 2018 / Both Starbucks and Tyson Foods were in the red on Tuesday. Starbucks announced it would be cutting many corporate jobs while Tyson Foods reported fourth quarter financial results that missed on revenues. Starbucks Corporation shares closed modestly in the red on Tuesday on about 13.5 million shares traded.
Tyson Foods Inc. expects meat prices to face continued pressure over the next year, as the U.S. protein industry grapples with rising supplies and trade disputes, executives said. Lower meat prices led the Arkansas-based company to reduce its 2019 sales forecast by $1 billion to $41 billion. Tyson, the largest U.S. meat supplier by sales, this year has dealt with rising freight costs, swinging agricultural commodity markets and trade disputes that have pushed domestic meat stockpiles higher.
Wall Street struggled for momentum on Tuesday, giving up early gains as a rebound in technology stocks and renewed hope for progress in trade talks were offset by drops in Boeing and energy stocks. Boeing Co reported a 37 percent increase in 737 deliveries in October but shares fell on concerns related to last month's deadly crash of a 737 operated by Indonesia's Lion Air.
Ryan McQueeney discusses the latest trade war developments and recaps earnings results from Home Depot and Tyson Foods. He also touches on Apple's supplier concerns. Later, the host chats with Dave Bartosiak about the marijuana stocks reporting earnings this week.
Tyson Foods’ (NYSE:TSN) most recent earnings report includes the company’s outlook for fiscal 2019. TSN says that it is expecting earnings per share for the year to range from $5.75 to $6.10. This puts it in the same range as the company’s earnings per share for fiscal 2018.
Americans are losing their taste for chicken and eating more beef and pork as President Donald Trump's trade wars reduce U.S. pork exports to China and Mexico and leave cheaper bacon and ribs at home. An expansion in the number of U.S. hogs and cattle is contributing to the change in diets by boosting supplies of pork and beef. Restaurants are seizing on the increases to promote hamburgers instead of chicken, while grocery stores have featured pork.
Tyson Foods Inc reported quarterly sales on Tuesday that missed Wall Street estimates, as the top U.S. meat processor was hit by lower demand for chicken, sending shares down nearly 7 percent. Shares of ...
U.S. stocks rose on Tuesday as technology stocks bounced back after a steep selloff in the previous session and hopes of progress in the U.S.-China trade talks boosted industrials, even though a decline in Apple Inc curbed gains. The S&P technology index rose 0.6 percent following three days of losses, but shares of Apple edged 1.3 percent lower, entering its fourth day in the red. The trade-sensitive industrial sector rose 0.5 percent, boosted by shares of Caterpillar Inc and United Technologies Corp.
After a rough Monday in the U.S. markets, we see some green across the board in today's pre-market, albeit relatively slight.
U.S. stocks were set to open higher on Tuesday, as strong results from Home Depot Inc and hopes of progress in the U.S.-China trade talks helped Wall Street's recovery from a technology-driven selloff. Shares of Home Depot rose 1 percent in premarket trading after the No.1 home improvement chain exceeded analyst estimates for quarterly comparable-store sales. The report comes in a big week for retail earnings, with results from companies including Walmart Inc and Macy's Inc likely to show how rising wages in the United States are eating into margins.
Tyson Foods Inc. was falling more than 6% to $57.78 a share in late morning trading on Tuesday after the company issued weak guidance for fiscal 2019. The company earned an adjusted $1.58 a share in its fiscal fourth quarter on sales of $9.
Tyson (TSN) delivered earnings and revenue surprises of 18.80% and -1.53%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Springdale, Arkansas-based company said it had profit of $1.47 per share. Earnings, adjusted for asset impairment costs and restructuring costs, came to $1.58 per share. The results beat Wall Street ...
Tyson Foods Inc. shares sank 3.4% after it reported fiscal fourth quarter revenue that missed expectations and gave weak guidance. The company said net income of $537 million, or $1.47 per share, up from $394 million, or $1.07 per share, last year. Adjusted EPS was $1.58. Revenue totaled $9.999 billion, down from $10.1 billion last year. The FactSet consensus was for EPS of $1.33 and revenue of $10.3 billion. Tyson said its beef operating income of $347 million was a record. For fiscal 2019, the company expects adjusted EPS of $5.75 to $6.10. The FactSet consensus is for $6.21. Tyson shares have tumbled 24% in 2018 while the S&P 500 index is up 2% for the period
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We’ll look at Tyson Foods Inc’s (NYSE:TSN) P/E ratio and reflect Read More...
Diversified Business Model and Portfolio Contribute to Strong Results SPRINGDALE, Ark., Nov. 13, 2018 -- Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food.
, one of the biggest food producers in the world, said it will raise prices across its business segments in an effort to claw back higher costs associated with tariffs, freight and labour. Tyson, which is the biggest US meat producer by sales, said in a regulatory filing accompanying its fourth-quarter results that it would “pursue recovery of increased costs related to tariffs, freight and labor through pricing”, without providing details as to which products would be affected and by how much.