TSN - Tyson Foods, Inc.
| Previous Close | 83.74 |
| Open | 83.83 |
| Bid | 81.98 x 800 |
| Ask | 84.88 x 800 |
| Day's Range | 81.82 - 83.89 |
| 52 Week Range | 49.77 - 94.07 |
| Volume | 2,459,057 |
| Avg. Volume | 2,578,243 |
| Market Cap | 29.853B |
| Beta (3Y Monthly) | 0.43 |
| PE Ratio (TTM) | 13.70 |
| EPS (TTM) | 5.97 |
| Earnings Date | Nov 12, 2019 |
| Forward Dividend & Yield | 1.50 (1.79%) |
| Ex-Dividend Date | 2019-11-26 |
| 1y Target Est | 94.67 |
- Yahoo Finance
Why frozen food sales are rocking again in America
The frozen food business continues to do wonders for the bottom line of Conagra Brands.
- Zacks
Hormel Foods Boasts Strong Brands, Input Costs a Worry
Hormel Foods' (HRL) Refrigerated Foods category is steadily growing on strong brand portfolio. However, rising input costs as well as weak turkey and grocery categories are concerns.
- Investopedia
6 Sectors Seen Leading 3Q Earnings Declines in Warning to Market
The reporting season for 3Q corporate profits will get underway soon, and stock analysts are painting a gloomy picture, calling for aggregate S&P 500 earnings to be down by more than 4% versus the same period in 2018, based on data compiled by S&P Capital, according to CFRA. This would represent the largest year-over-year (YOY) decline since 2016, one reason that the S&P 500 is down by 0.8% so far in October, for its worst start to a calendar quarter in more than three years. “If I had to tattoo something on my arm, it would be ‘stocks chase earnings,’” Mike Bailey, director of research at FBB Capital Partners, told the The Wall Street Journal about the impact of corporate earnings on equity prices.
- Bloomberg
Startup Hitches Ride on ISS to Make Space Meat
(Bloomberg) -- In the world of artificial meats, you can’t get more alien than growing your beef in space.That’s what the Israeli startup Aleph Farms showed might be possible in an experiment on the International Space Station last week, where it grew small-scale muscle tissue from bovine cells using equipment made by the Russian company 3D Bioprinting Solutions.“We are working on a new method to produce the same meat, but in a way that uses less than half of the greenhouse gasses,” said Didier Toubia, co-founder and chief executive officer of Aleph Farms, noting that the experiment was preliminary and just a proof of concept. “The experiment in space shows that meat can be cultivated in the harshest conditions, meaning anywhere, anytime and for anyone.”Consumers, cutting down on meat intake for dietary reasons or concern for environment, have already been introduced to plant-based burgers, sausage and other meat-like products.Beyond Meat Inc., a company that touts its production process as more humane and sustainable than livestock production, has seen its stock soar since its early May debut price. The market for such plant-based products is expected to reach $27.9 billion by 2025 according to research firm Markets and Markets, and Beyond Meat already competes with Impossible Foods Inc. Kellogg Co., Nestle and Tyson Foods Inc., among others.While partly a publicity stunt, the experiment’s goal was to help the Aleph Farms advance its research into meat production in harsh conditions without depending on natural resources, the company said. The U.S.-based Meal Source Technologies and Finless Food also participated in the experiment. While Aleph Farms’ proof of concept in space was successful, even on Earth it will take at least three years before consumers will be able to buy its steaks or burgers, according to company estimates.“The mission of providing access to high-quality nutrition anytime, anywhere in a sustainable way is an increasing challenge for all humans,” said Jonathan Berger, CEO of The Kitchen accelerator that co-founded Aleph.Aleph Farms, which has raised about $13 million, has investors including Israel’s Strauss Group, Cargill Inc., New Crop Capital, and Vis Vires New Protein.(Updates with names of other companies involved in the experiment)To contact the reporter on this story: Gwen Ackerman in Jerusalem at gackerman@bloomberg.netTo contact the editors responsible for this story: Riad Hamade at rhamade@bloomberg.net, Giles TurnerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
Solid Poultry Products to Aid Sanderson Farms Amid Cost Woes
Sanderson Farms' (SAFM) sturdy prices in poultry products and solid export sales bodes well. However, high freight costs and soft demand for big bird boneless meat remain concerns.
- Zacks
Should You Invest in the Invesco DWA Consumer Staples Momentum ETF (PSL)?
Sector ETF report for PSL
- Zacks
Are Investors Undervaluing Tyson Foods (TSN) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- MoneyShow
Tyson Fishes for Plant-Based Shrimp
Tyson Foods (TSN) tumbled after the protein producer announced lower earnings targets for Q4 due to near-term challenges, explains Chris Quigley, contributing editor to The Prudent Speculator.
- Investopedia
Beyond Meat Stock Rebounds After McDonald's Pilot
Beyond Meat shares moved sharply higher after McDonald's announced a new pilot program at 28 restaurants evaluating the meatless patty.
- Zacks
Tyson Foods (TSN) Gains As Market Dips: What You Should Know
In the latest trading session, Tyson Foods (TSN) closed at $86.46, marking a +0.57% move from the previous day.
- Reuters
UPDATE 2-For U.S. beef exporters, Japan trade deal levels playing field but sales surge unlikely
TOKYO/CHICAGO, Sept 26 (Reuters) - U.S. beef exporters, unhappy after President Donald Trump pulled out of a multilateral trade pact in 2017, stand to sell more meat in Japan after the two sides cut a deal to slice into tariffs. The deal Trump and Japanese Prime Minister Shinzo Abe signed on Wednesday will cut tariffs on U.S. agricultural products, including beef, to around levels granted to countries that signed the multilateral Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP) last year.
- MarketWatch
Here’s how Beyond Meat can lose the lead in the plant-based meat category to Tyson
CFRA analyzes the plant-based meat space and the competition that’s heating up between a number of players.
- Zacks
Tyson Foods (TSN) Stock Moves -0.11%: What You Should Know
Tyson Foods (TSN) closed at $88.17 in the latest trading session, marking a -0.11% move from the prior day.
- MarketWatch
Tyson Foods launches refrigerated snack brand Pact
Tyson Foods Inc. said Wednesday that it is launching a line of refrigerated protein snacks, Pact, that will be made with fruit and nuts along with ingredients like kombucha, macha and turmeric. Pact Snack Bites will also be a source of fiber, prebiotics and probiotics. Tyson said the line falls into the "functional foods" category, which offer health-and-wellness benefits. Pact Snack Bites will come in four varieties including "Gut Instinct," cranberry and kombucha probiotic snacks, and "Vibe On," made with mint matcha and blueberry. Pact will launch first on Indiegogo, the crowdfunding platform, in order to gather feedback. Tyson Foods stock has soared almost 65% in 2019 while the S&P 500 index is up 19.5% for the period.
- GlobeNewswire
Tyson Foods Launches Pact® Brand Refrigerated Snack Bites with Functional Benefits
Tyson Foods, Inc. (TSN) today launched a new line of functional refrigerated protein snacks under its new brand, Pact®, created to help people harness the natural benefits of food. Developed by the company’s team of nutrition and culinary experts, Pact® Snack Bites are expected to tap into a growing functional food market projected to reach $100 billion in the U.S. by 20251. Functional foods have potential to offer positive effects on health and wellness and can help people fill gaps in nutrition. Pact Snack Bites are literally packed with nutrition.
- Zacks
Tyson Foods Gains From Protein Packed Brands, Costs High
Tyson Foods (TSN) is gaining from consistent growth in the Chicken and Beef units. However, rising input costs stemming from market volatilities are concerns.
- Reuters
CORRECTED-U.S. worker, food-safety advocates sound alarm over new hog slaughter rules
U.S. food safety and the health of plant workers will be at risk from new federal rules that allow meat companies to slaughter hogs as fast as they want and shift the role of government inspectors, food and environmental advocates said on Tuesday. The USDA earlier on Tuesday published a final version of rules that will eliminate limits on how fast companies such as Tyson Foods and WH Group's Smithfield Foods can slaughter pigs - a change long sought by meatpackers.
- GlobeNewswire
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Tyson Foods, Inc. - TSN
Pomerantz LLP is investigating claims on behalf of investors of Tyson Foods, Inc. (“Tyson” or the “Company”) (NYSE: TSN). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext.
- Zacks
ETFs & Stocks in Focus as China Plans to Import Pork
The news of China importing pork has resulted in an astounding rally in the U.S. lean hog futures market.
- InvestorPlace
7 Stocks to Buy to Ride the Vegan Wave
[Editor's note: This article was originally published in August 2018. It has been revised to reflect current market trends.] The IPO success of Beyond Meat (NASDAQ:BYND) has me revisiting the world of plant-based foods and exploring how investors can take advantage of the move to meatless alternatives. Today, the global plant-based meat market is estimated to be $12.1 billion. It's expected to grow to $27.9 billion by 2025, a compound annual growth rate of 15%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhile many companies have focused on vegetarian and vegan markets in the past, it's clear that most food companies are now going after the "flexitarian" consumer: the person who still eats meat, but is opting for meatless alternatives regularly. Today, 32% of Americans identify themselves as flexitarian.As a result of this change in consumer tastes, companies have invested a total of $16 billion in plant-based meat, egg and dairy products. The "vegan wave" is now the flexitarian wave. * 7 Discount Retail Stocks to Buy for a Recession Regardless of what you want to call it, these seven companies are taking advantage of the move to meatless alternatives. And some of these stocks to buy might even make you a lot of money in the long run. Beyond Meat (BYND)Source: calimedia / Shutterstock.com By now, the Beyond Meat story is known by most investors, so I'll keep the IPO details to a minimum.The California plant-based food company went public on May 1 at $25 a share, selling 9.6 million of its stock for net proceeds of $219 million, not including the underwriters' over-allotment. The company's shareholders didn't sell any of their shares in the IPO. However, on Aug. 2, it did file a final prospectus that will see Beyond Meat sell 250,000 shares to the public along with some of its pre-IPO shareholders, selling 3 million shares of BYND stock. The company wisely waived the 180-day lock-up period for its main investors so that they can cash out a portion of their shares while they're up almost six-fold. A fundamental capital allocation principle is to sell your stock when it is expensive and repurchase it when it's cheap. While Beyond Meat's Q2 2019 net loss was $9.4 million, it did generate an operating profit of $2.2 million in the second quarter, a considerable improvement from the $7.3 million loss a year ago. Oh, and it's hard to forget revenues increased by 267% in the quarter to $67.3 million. As someone who buys their burgers quite frequently, it's not hard to see why. Tyson Foods (TSN)Source: Daniel J. Macy / Shutterstock.com A lot has happened since I last wrote about Tyson Foods (NYSE:TSN) and its foray into meatless alternatives. Some of it good, some of it bad. In 2016, Tyson made a 5% investment in Beyond Meat, the company behind the burger that has taken Canada and the U.S. by storm. It upped its stake at the end of 2017 as part of a $55 million investment round by the California-based company."We got attacked when we signed a deal with Tyson. People said I personally have blood on my hands," said Beyond Meat CEO Ethan Brown at the time. "Tyson took a big risk, too. I mean Hayes didn't get any love letters when he backed us. But I'd much rather try to get things done than throw stones, and the people at Tyson know how to move the needle."Unfortunately for Tyson shareholders, the company didn't make it to the ball, selling its shares in April for an undisclosed amount, after Tyson CEO Noel White decided the company would create its own plant-based protein line. Tyson's brand is called Raised & Rooted. It will compete with Beyond Meat. However, while its chicken nugget product will be meatless, its burger will contain Angus beef as well as pea protein isolate. According to TSN's chief marketing officer, "While most Americans still choose meat as their primary source of protein, interest in plant and blended proteins is growing significantly". * 10 Battered Tech Stocks to Buy Now The fact is, 70% of the people who eat Beyond Meat burgers are meat-eaters. Sustainable foods are the wave of the future. Kellogg (K)Source: DenisMArt / Shutterstock.com When most people think of Kellogg (NYSE:K), the first thing that likely comes to mind is cereal: Special K, Frosted Flakes, Mini-Wheats, etc. However, it has owned a vegetarian food brand called MorningStar Farms since acquiring the business in 1999. The company sells over 90 million pounds of faux meat (burgers, chicken, sausage, etc.) every year, with a third from fake burgers and the remaining two-thirds from its other products. Estimates suggest that MorningStar generates $450 million in annual revenue, about double the amount Beyond Meat sells in a year. Beyond Meat is valued at 64 times sales. If MorningStar Farms were given the same valuation, it would be worth $29 billion to Kellogg, about 50% more than the company's current market cap. It is clear that Kellogg is aware of MorningStar Farm's potential"When we [Kellogg] have spoken to people, we've seen that the desire to eat plant-based alternatives has increased in the last four years by 45%, and 53% of the Canadians we speak to are already eating meat alternatives," Kellogg Canada's VP of Marketing Christine Jakovcic recently stated. The big question is whether its management is smart enough to take advantage of the popularity of meatless products. Amazon (AMZN)Source: Shutterstock It has been a whirlwind 23 months since Amazon (NASDAQ:AMZN) stunned the world buying Whole Foods for $13.7 billion.Prognosticators of all types came out of the woodwork predicting the many changes Jeff Bezos would implement at the healthy foods grocery-store chain.One of the more sensible changes is expanding Whole Foods' delivery network. Whole Foods now provides two-hour delivery in 90 cities across the U.S.Not surprisingly, the predicted drop in prices at Whole Foods, has yet to materialize."While deeper promotional pricing on key items, incremental savings … and increased convenience for Prime Members in the first year under Amazon ownership have caught our eye as consumers, the reality is that Whole Foods pricing on a broad basket has remained largely unchanged," stated a report from Gordon Haskett Research Advisors.According to the report, $400 spent on a basket of food at Whole Foods in October 2017, now costs $398.50, producing a whopping $1.50 in savings. * 7 Stocks to Buy In a Flat Market If you're an Amazon investor, this is excellent news because the money to pay for a $15 minimum wage has to come from somewhere. Con Agra (CAG)Source: Shutterstock In my previous article about the move to plant-based foods, I discussed Hain Celestial (NASDAQ:HAIN), one of the earliest adopters of meatless and vegan alternatives. One of its companies is Yves Veggie Cuisine, founded by Canadian food entrepreneur Yves Potvin in 1985. Potvin used $5,000 of his own money, $10,000 from family and $25,000 in small-business loans to get it up-and-running. Potvin sold Yves to Hain in 2001.Potvin's next move was to create Gardein in 2003, a maker of meatless alternatives, including veggie burgers and chicken sliders, the founder's favorite Gardein product. Potvin sold Gardein in 2014 to Pinnacle Foods, now a subsidiary of ConAgra Brands (NYSE:CAG), for $154 million. ConAgra likely acquired Pinnacle Foods, in part, to take advantage of the flexitarian movement."That means the opportunity here could be in the range of $30 billion just in the U.S.," CEO Sean Connolly said recently. "And you know, there's even more opportunity internationally."If you are a CAG shareholder, Gardein is a big reason to hang on to your stock. Restaurant Brands International (QSR)Source: Shutterstock While most investors in the U.S. are familiar with Restaurant Brands International (NYSE:QSR) because of its Burger King restaurants, up here in Canada, where I live, Tim Hortons is an iconic name that RBI is trying to grow with Canadians and coffee lovers in other parts of the world, including the U.S.To compete with other fast-casual names, Tim Hortons has introduced and continues to test plant-based alternatives. In the past month, Tim Hortons has launched a Beyond Meat burger in Canada, Beyond Meat vegetarian sausage patties, and is experimenting with plant-based eggs. Early indications suggest the plant-based eggs, which are made by San Francisco food company Just, are getting rave reviews. According to a Just spokesperson, "Canada is one of the most requested markets for JUST and we're excited to be able to offer our product at select Tim Hortons locations for this market test." * 7 Deeply Discounted Energy Stocks to Buy I haven't been a fan of QSR stock -- it has a lot of debt -- but if it continues to innovate in this growing area of the restaurant and food industries, I might just have to change my tune. Impossible FoodsSource: Shutterstock In the previous slide, I discussed some of the initiatives Restaurant Brands International were doing for its Tim Hortons brand in Canada. I mentioned that the company also owns Burger King. Well, Burger King announced Aug. 1 that it is testing the Impossible Whopper, a plant-based version of its top-selling burger, for one month across all 7,200 stores in the U.S.Impossible Foods make the Impossible Whopper, the same people behind the plant-based burger that's available at all Wahlburger locations across the U.S. Burger King first tested the Impossible Whopper in 59 stores in the St. Louis area. The stores that sold this burger saw foot traffic increase by a whopping 18.5%. However, because the burger contains soy leghemoglobin, it isn't considered to be vegan.In May, Impossible Foods raised $300 million to bring its total funds raised to $750 million since its inception in 2011. Although the company is expected to go public at some point in 2020, it's not in a rush to do an IPO. Like Beyond Meat, it has a who's who list of investors, including Serena Williams, Bill Gates, Jay-Z and many others. The latest fundraise valued Impossible Foods at $2 billion. At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Internet Stocks Getting Hammered * 6 Big Growth ETFs to Buy For the Second Half of 2019 * 5 Cheap Stocks to Buy Now That the Fed Cut Rates The post 7 Stocks to Buy to Ride the Vegan Wave appeared first on InvestorPlace.
- GlobeNewswire
Tyson Foods Names John R. Tyson Chief Sustainability Officer
Tyson will lead Tyson Foods’ efforts to support a more sustainable food system. This includes driving improvement by implementing the company’s sustainability strategy and commitments as well as managing the sustainability, animal welfare, environmental and social responsibility teams.
- Reuters
UPDATE 1-Sanderson Farms gets U.S. DoJ subpoena in chicken price-fixing case
Poultry processor Sanderson Farms Inc said on Monday it had received a subpoena from the U.S. Department of Justice related to the regulator's investigation into the broiler chicken antitrust case. The Justice Department in June launched a criminal probe into allegations that Tyson Foods Inc and other poultry processors including Pilgrim's Pride Corp and Sanderson Farms colluded to fix poultry prices. Pilgrim's Pride is owned mostly by Brazilian meat packer JBS SA.
- Yahoo Finance Video
Why this NYC official is demanding more diversity in the C-suite
A NYC official is calling for "The Rooney Rule" to combat a lack of diversity in high-level executive roles. Yahoo Finance's Zack Guzman & Brian Cheung, along with Flat World Partners CEO Anna-Marie Wascher discuss with New York City Comptroller Scott Stringer.
