61.24 0.00 (0.00%)
After hours: 5:15PM EDT
|Bid||0.00 x 1300|
|Ask||0.00 x 800|
|Day's Range||61.21 - 62.63|
|52 Week Range||56.79 - 84.65|
|PE Ratio (TTM)||7.86|
|Earnings Date||Nov 13, 2018|
|Forward Dividend & Yield||1.20 (1.89%)|
|1y Target Est||70.87|
On September 19, Hormel Foods (HRL) was trading at a 12-month forward PE (price-to-earnings) ratio of 21.5x. However, the company is trading at a higher valuation multiple in comparison to peers. Tyson Foods (TSN) is trading at a 12-month forward PE ratio of 10.2x. Pilgrim’s Pride (PPC), Campbell Soup (CPB), and Conagra (CAG) are trading at 8.2x, 16.2x, and 16.3x, respectively, as of September 19.
Hormel Foods’ (HRL) current dividend yield is 1.9% based on the closing price of $39.66 as of September 19. In comparison, Tyson Foods’ (TSN) current dividend yield stands at 1.9%, while that of Sanderson Farms (SAFM) is 1.3%. Campbell Soup’s (CPB) current yield is 3.5%, and that of Conagra’s (CAG) is 2.3% based on its September 19 closing price. Dividend yield implies the cash flow received by the investor for each dollar invested in the company’s stock.
Wall Street analysts maintain a bullish outlook on Tyson Foods (TSN) stock despite its near-term challenges. Among the 16 analysts providing recommendations on Tyson Foods, ten have given it “buys,” five have given it “holds,” and one has given it a “sell” rating. Shares of Tyson Foods are down 23.1% as retaliatory tariffs from China and Mexico affect exports.
For busy adults trying to cook more with high-quality ingredients, Blue Apron Inc., one of the first meal kit companies, seems to offer an easy solution. More than just delivering good food to your door, the company markets itself as part of a do-gooder lifestyle. “With each Blue Apron home chef,” its website says, “we can build a better food system.” For those food-woke people who still want to shop, there are such supermarket brands as Tyson Foods Inc.’s antibiotic-free pork line, Open Prairie Natural Pork. Until recently, Tyson supplied Blue Apron with antibiotic-free pork.
The majority of analysts have maintained a “hold” rating for Hormel Foods (HRL). Over the past 15 days, we have seen just one change in target price. On September 17, BMO upped the price target on Hormel Foods to $44.00 from $38.00.
Hormel Foods (HRL) has delivered year-to-date stock gains of ~9.0% as of September 19, 2018. In comparison, peers Tyson Foods (TSN), Sanderson Farms (SAFM), and Pilgrim’s Pride (PPC) have fallen 24.1%, 27.5%, and 40.2%, respectively. Hormel Foods like other industry players has been suffering from cost inflation and rising logistics costs.
BOSTON , Sept. 20, 2018 /PRNewswire/ -- Kyros Law Offices is alerting investors of TYSON FOODS, INC. (NYSE: TSN) that it is investigating legal claims on behalf of investors against the company for possible ...
Shares of packaged food manufacturers have eroded a significant amount of investors’ wealth so far this year. Weak organic sales, low margins, and earnings pressures are taking a toll on the financials of these companies and, in turn, their stock prices.
A cook site will be set up in Fayetteville, North Carolina, at the Walmart store at 7701 S. Raeford Rd. Free, hot meals will be provided onsite beginning Thursday morning at 11 a.m. for anyone who is in need. In addition, a distribution network will be established with local authorities and disaster relief organizations to deliver meals to flood victims in the Fayetteville area. The company’s Meals that Matter mobile disaster relief truck will be sent from its home in Springdale, Arkansas, and is also expected to arrive onsite Wednesday.
If steep tariffs on goods imported into the United States are only part of a negotiating tactic from President Donald Trump, he certainly has committed to his bluff. Trump's tariffs - the first of which went into effect in early July and prompted an immediate, equivalent response from America's trade partners, including China - have been left in place long enough to start taking a measurable toll on American bottom lines. Most consumers and even most investors have yet to see or feel their impact. Despite the relatively civil trade war thus far, the global economy is robust, driving overall corporate earnings upward. Workers are enjoying their recent pay raises. Time is working against certain businesses, however. The ripple effect stemming from the initial victims' struggle could take weeks if not months to be fully felt on other fronts. And new tariffs are being imposed. It will take weeks and/or months to feel their full impact as well, even as those outfits start to feel the early ripples. Still, more than a few major publicly traded stocks have already taken hits related to Trump's tariffs (and other countries' retaliatory measures). Here are 10 companies that already have run into trade-war headwinds. SEE ALSO: The Best and Worst Presidents (According to the Stock Market)
This could indicate that investors who seek to profit from falling equity prices are not currently targeting TSN. TSN credit default swap spreads are within the middle of their range for the last three years.
Tyson Foods Inc. said Chief Executive Tom Hayes is leaving at the end of this month for personal reasons, a surprise leadership shift as the top U.S. meat company revamps its strategy to prioritize branded meat products. Tyson said Monday that Noel White, a longtime Tyson executive who has overseen chicken, beef and pork processing, will become its new chief executive. The abrupt change surprised Tyson employees and investors, coming less than two years into Mr. Hayes’s tenure.
Tyson Foods Inc (TSN.N) Chief Executive Officer Tom Hayes will step down at the end of the month for personal reasons after less than two years in the role, the top U.S. meat processor said on Monday. Noel White, a company veteran who has been running Tyson's chicken, beef and pork businesses, will replace Hayes.
Noel White, a company veteran who has been running Tyson's chicken, beef and pork businesses, will replace Hayes. White, 60, became president of Tyson's fresh meats and international unit in 2017, after serving as president of poultry, according to regulatory filings.
SPRINGDALE, Ark. (AP) — Tyson Foods, one of the largest meat producers in the world, announced Monday that its president and CEO Tom Hayes will step down at the end of September for "personal reasons."
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer analyzes Monday's trending stocks from the floor of the New York Stock Exchange.
The Springdale, Arkansas-based food industry leader announced this morning that current president and CEO Tom Hayes, the company's leader since 2016, will be replaced by Noel White effective September 30. Gary Mickelson, director of media relations at Tyson, affirmed that company focus will remain steadfast to Real Money in an email. White is currently a group president of Beef, Pork and International business for the company and has maintained a post at Tyson since 2001.
The major U.S. indices fell across the board Monday as the investors wait for news after the closing bell on the Trump administrations latest plans for tariffs on $200 billion in Chinese imports. The Dow Jones Industrial Average lost 0.35%, or 93 points to 26,062, while the S&P 500 dropped 0.56%, or 16 points to 2,889, and the Nasdaq dropped 1.43% in its worst performance in over a month to 7,896. A couple of weeks ago Elon Musk responded to a Twitter user, saying that if his assertion that Vernon Unsworth is a "pedo guy" is false then why hadn't Unsworth sued him for his comments.
Growing demand offers a longer-term opportunity for Tyson Foods, Inc. investors, even as the company is down 22% this year and replaced its chief executive. Tyson Foods dropped 0.5% to $63.06 per share after market close on Monday.
Tyson Foods Inc. is taking a page out of its old playbook by tapping a meat-industry veteran to lead the company at a time when spats between the U.S. and major trading partners are shaking up agriculture markets. Chief Executive Officer Tom Hayes, 53, will leave at the end of this month after less than two years in the top position, the company said Monday. The unexpected change comes in the midst of a volatile period for meat producers who are facing threats to American exports just as beef, pork and poultry production are reaching record highs.
Tyson Foods Inc. is taking a page out of its old playbook by tapping a meat-industry veteran to lead the company at a time when the U.S.-China trade war is shaking up agriculture markets. Chief Executive Officer Tom Hayes, 53, will leave at the end of this month after less than two years in the top position, the company said Monday. The unexpected change comes in the midst of a volatile period for meat producers who are facing threats to American exports just as beef, pork and poultry production are reaching record highs.
Trade concerns have pressured Tyson Foods, Inc. For now, it's just too uncertain to add to [the position]," Spencer Shelman, portfolio manager for Palouse Capital, told Real Money. Analysts have expressed concerns about Tyson's exposure in recent months.
Shares of U.S. meat processor Tyson Foods Inc. (TSN) fell on Monday morning after the company announced that CEO Tom Hayes is stepping down. Hayes, who is leaving the Springdale, Arkansas-based consumer packaged goods company for personal reasons, will be succeeded by Noel White, a member of Tyson Foods' enterprise leadership team and former group president of its Beef, Pork and International business. Warning! GuruFocus has detected 1 Warning Sign with MU.