Tyson Foods, Inc (NYSE: TSN) is -2.92% lower on its value in year-to-date trading and has touched a low of $51.16 and a high of $66.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TSN stock was last observed hovering at around $55.46 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $55.76, the stock is -2.67% and -7.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.66 million and changing 0.54% at the moment leaves the stock -6.76% off its SMA200. TSN registered 1.62% gain for a year compared to 6-month gain of -5.60%. The firm has a 50-day simple moving average (SMA 50) of $60.341 and a 200-day simple moving average (SMA200) of $59.81475.
The stock witnessed a -8.89% loss in the last 1 month and extending the period to 3 months gives it a -6.83%, and is 0.32% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.91% over the week and 1.73% over the month.
Tyson Foods, Inc (TSN) has around 138000 employees, a market worth around $19.47B and $53.31B in sales. Current P/E ratio is 24.24 and Fwd P/E is 13.62. Profit margin for the company is 1.50%. Distance from 52-week low is 8.99% and -16.63% from its 52-week high. The company has generated returns on investments over the last 12 months (2.79%).
The EPS is expected to grow by 12.53% this year
1109.0 institutions hold shares in Tyson Foods, Inc (TSN), with institutional investors hold 87.54% of the company’s shares. The shares outstanding are 285.86M, and float is at 278.83M with Short Float at 1.81%. Institutions hold 85.36% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 35.21 million shares valued at $2.01 billion. The investor’s holdings represent 9.946 of the TSN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 24.5 million shares valued at $1.4 billion to account for 6.9213 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 14.08 million shares representing 3.9768 and valued at over $804.42 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.8428 of the shares totaling 13.6 million with a market value of $777.31 million.
Tyson Foods, Inc (TSN) Insider Activity
The most recent transaction is an insider sale by White Noel W, the company’s Director. SEC filings show that White Noel W sold 171,057 shares of the company’s common stock on Nov 21 ’24 at a price of $63.70 per share for a total of $10.9 million. Following the sale, the insider now owns 36179.0 shares.
Tyson Foods, Inc disclosed in a document filed with the SEC on Nov 21 ’24 that TYSON JOHN H (Chairman of the Board) sold a total of 185,394 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $63.77 per share for $11.82 million. Following the transaction, the insider now directly holds 3.0 million shares of the TSN stock.
Still, SEC filings show that on Nov 21 ’24, White Noel W (Director) Proposed Sale 171,057 shares at an average price of $63.70 for $10.9 million. The insider now directly holds shares of Tyson Foods, Inc (TSN).
